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Lendgreen installment loans review

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Need a loan but don't want to pay it back in one chunk? A Lendgreen installment loan could be the solution for you.

If payday loans are illegal in your state or you want to have more time to pay back what you borrow, consider an installment loan. Lendgreen can help you through a tough financial emergency no matter your credit history, and the loan proceeds go towards funding the Lac du Flambeau Reservation, a federally-recognized sovereign Indian Tribe.

$100

Min. Amount

$1,500

Max. Amount

Details

Product NameLendgreen Payday Loans
Min. Amount$100
Max. Amount$1,500
Loan TermVaries

States where Lendgreen does not offer loans:

  • Arkansas
  • California
  • Georgia
  • Maryland
  • Minnesota
  • New York
  • Pennsylvania
  • Virginia
  • West Virginia
  • Wisconsin

If you live in one of these states check out our installment loan guide to find out which loans are available where you live.

How does borrowing from Lendgreen work?

To qualify, you have to meet basic eligibility criteria, including an income of at least $1,100 per month.

If you’re eligible, you can start the borrowing process by submitting an online application. Lendgreen doesn’t perform credit checks with the three main credit providers, but it may determine your credit through an alternative provider such as Teletrack.

You’ll find out if you’re approved in seconds. If you are, you’ll receive a pre-approval estimate of your loan, which can range from $100 to $1,500, although first-time borrowers won’t qualify for the maximum amount.

A Lendgreen representative will contact you and guide you through the rest of the process, or you can speed things up by signing the loan agreement electronically. Lendgreen will then transfer the money into your bank account, usually by the next business day.

Payments are predetermined based on the details in your loan contract. Read this carefully before you sign to make sure you can afford the payment schedule and the high interest rate. If you don’t feel like you’ll be able to successfully pay for the loan, you are under no obligation to accept.

Before you apply, learn about how online installment loans work

See how other loans compare to Lendgreen

Data indicated here is updated regularly
Name Product Filter Values Max. Loan Amount Turnaround time Requirements
OppLoans Installment Loans
$5,000
1 business day
Direct deposit, meet minimum income requirements, live in eligible state
Comes with the option to change your due date so you won’t fall behind on repayments.
 Check Into Cash Installment Loans
$3,000
1 to 2 business days
Bank account, email address, phone number, US citizen or permanent resident, ages 21+, $3,500 minimum income in California
Borrow money with lower payments and more time to pay than a traditional payday loan.
Fast5kLoans Short-term Loans Connection Service
$35,000
As soon as the next business day
Regular source of income, verifiable bank account, US citizen, ages 18+
Get connected with multiple lenders you might qualify with — even if you have bad credit.
LendYou Short-term Loans
$15,000
Same business day to 1 business days
$1,000+ monthly income, direct deposit, US citizen or permanent resident, ages 18+
Get offers from potential lenders in minutes by filling out just one online form.
Possible Finance Mobile Installment Loans
$500
As fast as 1 business day
Checking account with 3+ months of banking history, $750+ monthly income, live in eligible state, ages 18+
Borrow up to $500 with just a few swipes — but only for residents of 5 states.
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Compare up to 4 providers

Benefits of Lendgreen Loans

  • Bad credit is OK. Lendgreen takes your existing financial situation into account before making a decision. As long as you make the minimum monthly income, you will qualify for a Lendgreen installment loan..
  • Large availability. Lendgreen provides installment loans to residents of over 40 states.
  • Payment schedule. Unlike payday loans, you’ll be able to repay your loan in installments based on how often you get paid.
  • Repayment flexibility. You can make payments towards your loan automatically via direct debit, or you can send money orders, cashier’s checks or certified checks via mail. Lendgreen lets you make additional payments at any time, and you can pay your loan off before the due date for no additional fee.

Features of Lendgreen Loans

  • Various loan amounts. As a first-time borrower with Lendgreen, you can borrow between $400 to $700. Returning customers can qualify for $1,000 or more.
  • Sovereign entity. Lendgreen Loans is solely owned and operated by the Lac du Flambeau Reservation. They are a tribal lender, and the funds generated through loans help support government projects.
  • Accredited Lender. They are members of the Online Lenders Alliance (OLA), meaning they abide by set standards when determining interest rates and payment schedules.
  • Variable loan term. Loan terms can vary from 3 to 18 months, depending on the amount you borrow and your ability to make repayments.

How much will I pay for an installment loan through Lendgreen?

The average APR of Lendgreen loans varies from 720% to 795%. As with all installment loans, the longer you take to repay, the more it will cost. This is because interest will continue to accrue until the end of your loan period. The best way to save money is to pay back your loan as quickly as financially possible.

The loan contract outlines how much you may end up paying in different circumstances. If you make late payments or miss them entirely, you will likely have to pay extra fees and face your loan going into collection, which can wrack up even more costs. Avoid this by only taking out as much as you can afford and budgeting for the extra costs.

How to apply for an installment loan from Lendgreen?

Applying for the loan is an easy online process.

Eligibility criteria:

  • Be a US citizen or permanent resident
  • Be at least 18 years old (varies by state)
  • Have a valid bank account
  • Meet minimum income requirements ($1,100/month)
  • Not reside in one of the following states: AR, CA, GA, MD, MN, NY, PA, VA, WV, or WI.

Required information:

  • Your name, contact information, date of birth and Social Security number
  • Details from a valid form of ID
  • Details about your income and pay schedule
  • Your bank account information

Are payday loans permitted in your state?

Hover over your state of residence (or click on your state if you’re using a mobile device) to find out if payday loans are legal in your state.

Frequently asked questions about Lendgreen installment loans

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8 Comments

  1. Default Gravatar
    Star
    February 18, 2019

    How can i apply for a loan but i have poor credit?? Will you be able to help?
    I pay for Trans union credit monthly but i feel like nothing even happening with my credit getting fixed?? I have full time job.

    • Avatarfinder Customer Care
      johnbasanes
      February 19, 2019

      Hi Star.

      Thank you for reaching out to Finder.

      Lendgreen doesn’t perform credit checks with the three main credit providers, but it may determine your credit through an alternative provider such as Teletrack. You may check on our page which assists users with poor credit by clicking this link. Kindly review and compare your options on the table displaying the available providers. Once you have chosen a particular provider, you may then click on the “Go to site” button and you will be redirected to the provider’s website where you can proceed with the application or get in touch with their representatives for further inquiries you may have.

      Before applying, please ensure that you meet all the eligibility criteria and read through the details of the needed requirements as well as the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you. Hope this helps!

      Cheers,
      Reggie

  2. Default Gravatar
    Coleman
    November 29, 2018

    How do I find my pay off balance?

    • Avatarfinder Customer Care
      nikkiangco
      December 6, 2018

      Hi Coleman,

      Thanks for reaching out! For inquiries about balances, payment history or to make changes to your account or loan you can contact Lendgreen. The contact number can be found when you visit their website and check their contact page. To make changes to a payment you must contact Lendgreen at least 3 business days prior to your payment due date. Please note that they currently do not offer the ability to view or change your account online. Should you wish to check your pay off balance, you must contact them directly. Hope this clarifies!

      Best,
      Nikki

  3. Default Gravatar
    Pauline
    July 10, 2018

    How do I apply for lendgreen loan

    • Avatarfinder Customer Care
      nikkiangco
      July 10, 2018

      Hi Pauline!

      Thanks for getting in touch.

      Before applying for a Lendgreen Installment, you have to meet the basic eligibility criteria, including an income of at least $1,100 per month.

      -Must be a U.S. citizen
      -Must not reside in AR, CA, GA, MD, MN, NY, PA, VA, WV, or WI
      -Must not be a member of the military or spouse/dependent of a member of the military
      -Must be at least 18 years of age
      -Have a source of regular income
      -Have a checking account

      If you’re eligible, you can start the borrowing process by submitting an online application and you’ll know in seconds if you’re approved or not. If so, you’ll get a pre-approval estimate of your loan. The next step would be a call from an agent who will take you through the rest of the application process.

      Please take not that below are REQUIRED information from you:
      Required information:

      -Your name, contact information, date of birth and Social Security number
      -Details from a valid form of ID
      -Details about your income and pay schedule
      -Your bank account information

      Should you have further questions, please message us again.

      Best of luck,
      Nikki

  4. Default Gravatar
    Robert
    May 4, 2017

    How much to pay back 600 loan?

    • Avatarfinder Customer Care
      Harold
      July 4, 2017

      Hi Robert,

      Thank you for your inquiry.

      In general, the average APR of Lendgreen loans is 795%. The longer you take to repay your loan, the more it will cost.

      I hope this information has helped.

      Cheers,
      Harold

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