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Wish to Step Up Your Payday Loans That Accept Chime? You’ll want to Read This First

What are Chime Instant Loans ? And how do they function?

Chime Instant Loans offer an easy way to access money when you need it to cover an expense that is important. After you’ve accepted the loan, money will appear in the Chime account. You can view your balance through your app and set up automatic payment to repay your loan.

What are the best ways to get a loan for your business?

Payday Loans That Accept Chime ( are currently only accessible to those who meet the eligibility criteria. If you have been approved for the loan, you’ll be notified via push. If you have already repaid the loan, we’ll notify you when you become eligible for another.

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

A Chime account which is good standing

Regularly scheduled payments to your Chime Checking Account

Chime is not in the process of repaying any loans

What’s the minimum amount I can borrow?

Chime Instant Loans start at just $100. However, we may extend the loan terms to higher amounts depending upon your ability to repay.

I can get more than what I borrowed. Can I get a loan that is greater than my initial amount?

You can’t increase the amount of any loan you have already borrowed however, you are currently repaying regardless of your eligibility for a larger loan. You’ll need to repay the loan that you already have, and Chime will let you know when a new loan is available.

Are there any interest rates on loans?

Yes. $5 is the total interest for a $100 loan. Higher interest rates will apply to loans that are larger than $100. If you repay your loan earlier, you’ll pay less interest! You won’t be charged fees for applying or for late or early the repayment.

How does loan repayment work?

The loan can be repaid by three (3) monthly installments*. To pay back your loan, you can set autopay from within your app settings. Automated deductions of your Chime Checking Fund will happen. You’ll be notified prior to each transaction is completed. You can pay via your app manually in case you do not want to make use of autopay.

Even if autopay has been set up however, you are able to make additional payments to your loan or even be able to pay it off earlier. Making savings on interest costs can be achieved through this.

What if I fail to pay my bill?

We will not charge you any additional interest or late fee if you fail to make your payment. SpotMe may limit your ability to extend the amount due to a delinquent account.

I’ve paid off my loan. What do I need to do?

You won’t get another loan offer immediately after your loan is paid off. When you’re eligible for a new loan, you will be notified via push.