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Green Dollar Loans review

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Green Dollar Loans
Min. Amount
$500
Max. Amount
$10,000
Turnaround time
Same business day to 1 business days

Summary

Looking for an installment loan? This lender could be the solution you need.

When you're tight on cash and time, a short-term loan can be a handy way to get the extra money you need. Green Dollar Loans offers both installment loans and auto title loans. But its limited contact information and lack of reviews might not make it your top choice when looking for a lender.

In this guide

  • Review
  • Details
    • Product details
  • Your reviews
  • Ask a question

Details

Product details

Product Name Green Dollar Loans
Min. Amount $500
Max. Amount $10,000
Loan Term Up to 3 years
Turnaround Time Same business day to 1 business days
Costs Varies
Requirements You must have proof of a government-issued ID, have a regular source of income, be a citizen or permanent resident of the US or Canada and be at least 18 years old

What is Green Dollar Loans?

Green Dollar Loans a direct lender that specializes in providing both installment loans and auto title loans to residents of the US and Canada. You won’t need good credit to apply, and you may be able to borrow between $500 and $10,000.
If you’re approved, you’ll repay the amount you borrow in installments. Loan terms can last Up to 3 years. And if you end up needing to refinance your loan, Green Dollar can help you find an extension option.

What are the benefits of using Green Dollar Loans?

  • Quick process. The application is short, and you’ll be contacted by a representative within 15 minutes after you submit. If you’re approved, Green Dollar Loans claims you may be able to get your funds within a business day.
  • Extensive reach. Green Dollar Loans works with borrowers across the US and Canada. However, it doesn’t state which states it services. You’ll have to call for that information.
  • Large loan amount. Green Dollar Loans may be able to offer up to $10,000.

What to watch out for

  • No borrower reviews. There isn’t a Better Business Bureau (BBB) or Trustpilot page. Until you apply, you won’t know how it treats potential borrowers.
  • Limited contact info. Green Dollar Loans has a contact phone number and email form. That’s it. There’s no information about its parent company or where it’s located, which can be a sign of a disreputable service.
  • Short application. Although a short application is often a good thing, Green Dollar Loans’ application may be too short. It only asks for your basic contact info then instructs you to call for more – this isn’t necessarily a good sign.

Compare Green Dollar Loans with other lenders

Name Product Filter Values Loan amount Turnaround time Requirements
LendYou Short-term Loans
Finder Score: 2.5 / 5: ★★★★★
LendYou Short-term Loans
Up to $1,000 for payday loans and up to $5,000 for installment loans
1 business day
$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.
EarnIn
Not rated yet
EarnIn
Get up to $100 per day or $750 per pay period.
1 to 3 business days, or same-day for a fee
Direct deposit sent to a checking account, a regular pay schedule, a fixed work location or an online timekeeping system at work
No mandatory fees, no interest, and no credit checks. Subject to EarnIn terms & conditions
Cleo
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Cleo
Up to $250
3 to 4 days standard transfer. Same day with $3.99 express fee.
Not stated
Automatically monitor your spending plus access cash advances up to $100 at a time.
Albert
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Albert
Up to $250
2–3 business days or instant for a fee
Checking account 2+ months old receiving direct deposit, 2+ months working for the same employer, positive account balance, most recent paycheck was on-time, funds still available in bank account 24 hours after most recent payday.
Get up to $250 overdraft protection if you sign up for Albert's banking app.
Fast5kLoans Short-term Loans Connection Service
Finder Score: 0.2 / 5: ★★★★★
Fast5kLoans Short-term Loans Connection Service
$100 to $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.
Fig Loans Installment Loans
$50 to $100, varies by state
As soon as the same business day
3 months of direct deposits, $1400 per month income, positive bank account balance
Get an affordable installment loan that comes with no fees, flexible terms and predictable monthly repayments.
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Green Dollar Loans reviews and complaints

Green Dollar Loans doesn’t have a BBB or Trustpilot page — and with no direct way to contact it, you may want to consider a different loan service that has a history of positive customer interaction.

Beware of shady promises

Although Green Dollar Loans has safety measures up, it does make a few promises that some borrowers might consider red flags. Not only does it claim instant approval, but it also states that you may be able to get same-day funding.
It’s definitely worthwhile to read over your contract carefully to be sure it abides by your state’s laws and regulations.

Is it safe to apply with Green Dollar Loans?

Green Dollar Loans runs a secure website, but that’s about all the safety information it provides. Its privacy policy states how it uses your personal information and how you might be able to control sharing. And of course, you have to opt in for email and text message notifications. If you decide you no longer want these, you can choose to stop receiving them at any time.

Am I eligible?

You’ll only have to meet some basic eligibility criteria to be considered for a loan.

  • You must have proof of a government-issued ID
  • You must have a regular source of income
  • You must be a citizen or permanent resident of the US or Canada
  • You must be at least 18 years old

For auto title loans, you’ll also need to provide proof of insurance and registration as well as a lien-free vehicle title.

How do I apply?

Green Dollar Loans has a quick application. You’ll only need to enter your desired loan amount, your name, your phone number, your email address and your zip code.
Once you do, Green Dollar Loans will contact you within 15 minutes. When you speak to a loan specialist over the phone, be prepared with the following:

  • Your residential status and residential address
  • Details about your employment and income
  • Details from an acceptable form of govern-issued ID

I was approved for a loan. Now what?

Loan terms vary from a few months to three years. The exact length of your term — and the fees you pay — will depend on your financial situation and the laws of your state or province.
A longer loan term can lead to smaller installments, but you end up paying more in interest. Before you accept the loan’s contract, take time to review it carefully so you know how much you’ll be paying.
As with all short-term loans, make sure you have a budget in place and are able to pay back your loan each month. If not, you could face steep late fees and other charges from Green Dollar.

Are short-term loans available in my state?

Bottom line

Green Dollar Loans offers some of the larger installment loans out there, but they come at a price: You won’t know the potential terms of your loan until you apply over the phone.
If you’re not sure about Green Dot’s promises — or just want to compare your options — you can browse our guide to installment loans.

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Aliyyah Finder

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Ralph

October 29, 2017

I am looking to borrow five thousand dollars to purchase a fully furnished mobile home here in my trailer park. I am renting now but this became available and would like to purchase it if I can barrow the funds. The trailer is on a pad and on a permanent base it can not be moved.


Avatar

Jhezelyn Finder

October 30, 2017

Hi Ralph,


Thank you for your comment.


Green Dollar may consider you for a loan amounts between $500 and $10,000. All you need to do is meet the basic eligibility criteria then complete and submit an online application. After submitting your application you’ll speak with a loan specialist who will process it, and if approved you can pick up cash at your nearest store.


Moreover, you may try to contact the lenders that may consider you for a $5000 loan. Note that it is important that you have a stable income to make the repayments.


I hope this helps.


Regards,

Jhezelyn


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