Zaplo installment loans review

Borrow up to $1,200 — but only if you live in Missouri or Utah.’s rating: 3.3 / 5.0


Zaplo installment loans are ideal for Missouri and Utah residents who need to fund an emergency expense or struggle to qualify for a less-expensive alternative. Unlike many online providers, Zaplo is transparent about how its loans work and how much they cost. But it comes with the option to borrow more after making a few on-time repayments, which could make it tempting to borrow more than you need.


Min. Amount


Max. Amount

As soon as the next business day

Turnaround time


Product NameZaplo Installment Loan
Min. Amount$500
Max. Amount$1,200
Loan TermUp to 1 year
Loan SecurityUnsecured
Turnaround TimeAs soon as the next business day
RequirementsRegular source of income received biweekly or semi-monthly, Missouri or Utah resident, checking account with automatic deposits, not a military service member

What is a Zaplo installment loan?

A Zaplo installment loan is a personal loan from $500 to $1,200 you repay every two weeks over 12 months. APRs can go as high as 299%, though rates and terms may vary as Zaplo expands to other states. Currently, there are no prepayment penalties in Missouri or Utah.

What makes Zaplo unique is that you can borrow an additional $700 after making four on-time repayments. If you need even more funds, you can borrow $700 two more times for a total loan of up to $3,300.

Are there any fees?

There are no fees to take out a loan. However, you’ll be charged a fee if you’re more than 15 days late on a payment or if it’s returned due to nonsufficient funds (NSF). These vary by state.

Late fee5% of the missed payment — up to $50$30
NSF fee$25$20

What states are Zaplo installment loans available in?

Zaplo installment loans are currently only available in Missouri and Utah. But it has plans to offer loans in more states in the near future.

What are the benefits of a Zaplo installment loan?

Clear rates and fees are just two of the perks of a Zaplo installment loan:

  • Transparent pricing. Unlike many installment loan providers, Zaplo clearly spells out rates, fees and terms on its easy-to-navigate website.
  • Option to qualify for more funds. You can borrow additional funds without having to fill out a new application after making four on-time repayments.
  • Applying doesn’t affect your credit. Zaplo doesn’t check your credit with the three main credit bureaus when you apply, meaning your credit score won’t take a hit.

What to watch out for

From its limited state availability to how easy it makes it to over-borrow, consider these potential drawbacks:

  • High rates. Like most installment loans, Zaplo’s are expensive — with APRs up to 299%.
  • Monthly income not eligible. You must get paid twice a month or every two weeks to qualify for this loan.
  • Limited states. Zaplo installment loans are only available to Utah and Missouri residents.
  • Makes it easy to over-borrow. Just because you can qualify for higher loan amounts doesn’t mean you should.

Beware of over-borrowing

Having three opportunities to take out an additional $700 could be great if you’re funding an ongoing expense and aren’t sure if you’ll need to borrow more in the near future. But stay away from it if it’s not absolutely necessary.

Over-borrowing on any type of loan means you’ll pay more than you need to in interest. And it’s especially important to avoid with high-interest loans like Zaplo’s.

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Is it safe to apply for a Zaplo installment loan?

Generally, yes. Zaplo uses SSL encryption to make sure all information is protected when you submit online forms. While it shares your personal information with affiliates, you have the option to opt out.

You can view Zaplo’s licenses on the rates page for each state. And it also provides contact information for regulatory agencies in your state if you want to verify the license or have any questions.

Zaplo reviews and complaints

BBB accreditedNo
BBB ratingNR
Trustpilot score4.3 out of 5, based on 9 customer reviews
Customer reviews verified as of16 October 2020

Zaplo only gets a handful of online reviews. But what’s there is positive. Many of the reviewers were happy with how fast they were able to get funding. Some also thought the interest rates they received were reasonable.

How do I apply?

Before you apply, check Zaplo’s eligibility requirements to make sure you qualify. Then follow these steps to get started online:

  1. Click the Go to site button on this page.
  2. Select your state, then enter your name and email address. Click Get started.
  3. Select the amount you’d like to borrow and enter your Social Security number.
  4. Fill in information about yourself, your income and how you get paid.
  5. Provide your checking account details, including the routing and account number.
  6. Read the terms of use and privacy notice. If you agree, check the box and click Apply Now.

Once you submit your application, you should find out if you prequalify for a loan. If you do, Zaplo might ask you to submit documents to verify your information. If you review and sign your final loan documents by 6:45 p.m. ET, you could receive your funds as soon as the next business day.

What documents do I need to apply?

While it depends on the applicant, Zaplo typically asks to see the following documents when you apply:

  • Recent bank statements
  • Most recent pay stub
  • Other proof of income

If you’re a returning customer, Zaplo typically bases your loan offer on your payment history over the last 90 days.

I got the Zaplo installment loan. Now what?

You’re required to start making repayments every two weeks. Once you’ve made four on-time repayments, you can apply for an additional $700. You have the chance to do this two more times until you’ve borrowed up to $3,300.

The easiest way to pay off your loan is to sign up for automatic repayments, which Zaplo deducts from your checking account each due date. Otherwise, you can send a money order, cashier’s check or certified check to the following address:

1000 N. West Street, Suite 1200
Wilmington, DE

Zaplo recommends mailing your repayment at least five days before your due date and to notify its customer service team so they can make a note on your account. If you think you might be late, contact customer service at least three days before your due date to discuss your options.

Bottom line

Zaplo could be a good choice if you’re looking for a transparent lender that works with borrowers of all credit types. Its website goes beyond most online lenders to break down how the loan works, its costs and how it complies with state regulations. But it’s still expensive, and you can only qualify if you’re a Missouri or Utah resident.

Check out our guide to installment loans to learn how Zaplo compares to other lenders.

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