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The Importance Of Payday Loans That Accept Chime

What are Chime Instant Lenders?

Chime Instant Loans give you instant cash access for those who have an urgent expense. The money will be available on your Chime checking account the moment you take the loan. You can view your balance through your app and set up automatic payments to pay back your loan.

How can you obtain a business loan?

These loans are only for those who meet eligibility criteria. If you’ve been approved for a loan, you will receive a push notification. If you have already repaid a loan we will notify when you become eligible for another.

These are the things that you must have to be qualified to get a loan.

A Chime account that is in good standing

Continuously making payments to your Chime Checking Account

Chime has no outstanding Payday Loans That Accept Chime (

How much can I borrow?

Chime Instant loans start at $100 but can be more depending on the eligibility criteria we set for us.

I am eligible for greater than what I borrowed. What can I do to boost my loan?

A loan you’ve borrowed before and you are still paying back cannot be increased, regardless of whether you have a larger loan. You’ll need to repay the loan you have already paid off as well, and Chime will inform you when a new loan is available.

Does a loan have interest?

Yes. $5* represents the amount of interest on $100 of loan. Higher interest rates will apply to loans greater than $100. You’ll pay less interest when you pay back your loan early. You won’t be charged fees to apply or for early or late the repayment.

What is the process for loan repayment?

Loan repayment is possible with three (3) monthly installments. To repay your loan, you can enable autopay in your app’s settings. Automatically, your Chime checking account at Chime will be debited of the amount of the loan. We will notify you about each transaction before it’s processed. You can make payments by hand through your app if you don’t want to use autopay.

If your autopay option has been enabled however, you are able to make additional payments on your loan and even pay it off earlier. This will save you money on interest.

What if I don’t make my payment on time?

If you don’t pay your loan in full and you don’t get assessed a late fee or additional interest beyond what you agreed to when you accepted your loan. However, delinquent accounts can hinder you from increasing your SpotMe limit.

I’ve paid off the loan. Do I qualify for a second loan?

Another loan opportunity won’t be available immediately after you pay off a loan. When you become eligible for another loan , you will be notified via push.