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
| Product Name | Lendgreen Payday Loans |
|---|---|
| Min. Amount | $100 |
| Max. Amount | $1,500 |
| Loan Term | Varies |
If you live in one of these states check out our installment loan guide to find out which loans are available where you live.
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. Keep your ID, banking information and payroll information close at hand to complete the process quickly. 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
Choose your state of residence to preview lenders in your area. Sort by loan amount, turnaround time and requirements, or select the Go to site button for more information about a particular provider.
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.
Applying for the loan is a straightforward online process.
Eligibility criteria:
Required information:
Due dates will be set in the terms of the loan agreement, and will normally be withdrawn from your account automatically. Failure to have payment ready can result in a $30 late fee and an NSF fee.
If you don’t want to pay via ACH, you can send a money order, cashier’s check or certified check to Lendgreen.
If tribal lenders are legal in your state, then they may report missing or late payments to one of the big three credit bureaus. Always be sure you can repay a loan before signing a contract.
No. Only laws of the Lac du Flambeau Band of Lake Superior Chippewa Indians govern your loan agreement. This is because sovereign Indian Tribes don’t have to adhere to state laws in the absence of congressional authorization.
However, your state laws may forbid you from taking out a payday or installment loan.
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.
Can I cancel a loan request?
You can cancel your loan request as long as it is before 5 p.m. EST the business day following your loan disbursement date.
Are there any benefits of getting a loan through Lendgreen as a repeat borrower?
You can qualify for a higher loan amount, and you can also submit your application more quickly.
I don’t want to provide my bank account details. Can I collect cash by visiting a Lendgreen office?
No. Lendgreen provides online loans only, so you’ll have to provide your bank account details. If you’re approved, the money is transferred into the bank account electronically.
Will I have to fax any documents over?
In some cases, Lendgreen requires applicants to send copies of recent bank statements or pay stubs. If this is the case with your application, you can fax the documents or scan and send them via email.
Can I get more than one Lendgreen loan at a time?
No, you can get only one Lendgreen loan at a time. Once you repay your loan, you can borrow again.
