Choose a country
United States
Select a city
Select a city
Select language
Select country
Choose a country
United States
United States
Việt nam
Rating by Finanso®

The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.

Apply for a Leap Credit's loan


How to Apply


To take a loan from a Leap Credit, you must meet the following requirements:

  1. Be at least 18 years old;

  2. Have a valid Social Security number;

  3. Have a permanent address;

  4. You must have a stable source of income.

You will be able to access your account and begin using it right away.

Application details

When applying for a loan with Leap Credit, customers must provide several documents to complete the application process.

  • A copy of the applicant's most recent pay stub;

  • A copy of the applicant's most recent bank statement;

  • A copy of the applicant's driver's license or other government-issued ID.

Applications are typically considered for 24 hours. However, the Leap Credit may reject any application for several reasons, including:

  1. If the applicant has a history of late or missed payments

  2. If the applicant has defaulted on loans

  3. If the applicant's credit score is low

  4. If the applicant doesn't have a steady source of income

  5. If the applicant has outstanding debts that exceed the value of the loan being applied for.

Leap Credit offers competitive rates and terms on its loans and aims to provide customers with a simple application process.

How to apply for a loan

Leap Credit offers loans of up to $5,000 with fixed interest rates and flexible repayment terms. Plus, there's no application fee or prepayment penalty.

To apply for a Leap Credit loan:

  1. Go to their website and create an account.

  2. Fill out the application form with your personal and financial information.

  3. Wait for a decision from Leap Credit. If approved, you'll receive the money in your account within 1-2 business days.

  4. Start making payments on your loan according to the terms of your agreement.

Leap Credit can help you cover unexpected expenses or consolidate debt to get back on track financially.


What do I need to submit to qualify for a Leap Credit loan?

To qualify for a Leap Credit installment loan, you'll need to provide some basic information about yourself and your state of residence. 

Can I qualify for a Leap Credit loan with bad credit?

Yes, you can qualify for a Leap Credit loan with bad credit. You can apply for an installment loan if you have a state ID and an active bank account.

Will using Leap Credit hurt my credit score?

If you are approved for a loan, a hard inquiry will be made on your credit report, but this is not considered a negative activity.

Calculate loan payments in Leap Credit

Leap Credit calculator will allow you to calculate an approximate payment schedule for the loan

Loan amount

Enter the desired loan amount

500 $
5000 $
Loan term

Specify the loan term for the calculation


What to focus on before applying for a loan with Leap Credit

To ensure the lender is legitimate, check if it meets the following criteria:

How do you know if a loan company is registered?

The lending company is registered with the US Securities and Exchange Commission (SEC) and has a tax identification number (EIN). Note that tribal lending companies operate under the jurisdiction of tribal laws, and they don't have to register with the SEC. But still, tribes must act under federal consumer protection laws enforced by the Consumer Financial Protection Bureau (CFPB) and Federal Trade Commission (FTC).

According to the FTC requirement, the lending company is registered in your state, excluding tribal lenders abiding by tribal and federal laws only. That is why tribal lending companies can charge interest rates exceeding your state's maximum.

Finally, the State Attorney General can verify the registration of the lending company if you need additional proof of whether it is legitimate.

If a US lending company scams you, please report to local law enforcement, your state attorney general, CFPB, or FTC.

Finanso® also recommends

Learn the total cost of a loan, including:

It will be best to read a loan agreement carefully before signing it. If any part of the agreement seems incomprehensible, do not hesitate to ask the lender about particulars.

Remember that you don’t have to make an immediate decision when considering getting a loan. However, you must be sure that you are ready to repay following your loan documents. If the lender’s terms and conditions are uncomfortable for you, you are free to search for another proposal, as there are about 780 lending companies in the US.

What’s the difference between Leap Credit and a bank?

  1. You need to have a good credit history to qualify for a credit card with a bank. In contrast, even bad credit history debtors can borrow money from US lenders with personal or payday loans. 
  2. Interest rates and annual percentage rate for a loan with an online lending company are significantly higher than with a credit card released by a bank.
  3. Applying for an online loan with a lending company doesn’t require paperwork or even visiting their office. Instead, a borrower can apply entirely online and receive money via direct deposit on the next business day.
  4. The online lending business is high-risk for investors, and their capital is not protected from unfair borrowers.
  5. A loan with legitimate loan companies for bad credit is a simple but expensive form of borrowing to resolve financial hardship.
Your comment has been added
Your complaint has been recorded
Invalid username or password
Please log in to like/dislike
Invalid SMS code has been entered
All Leap Credit’s reviews by October 2022
Leave feedback

Similar companies

Mission Loans
19500 Jamboree, Suite 300 Irvine, CA 92612
Accredited Debt Relief
9525 Towne Centre Dr, Suite 100, San Diego, CA 92121
1900 S. State College Blvd, Ste 300, Anaheim, CA 92806
PO Box 10, Parshall, ND 58770
Wintrust Mortgage
9700 W. Higgins Road, Ste. 300, Rosemont, IL 60018