Lender
Rating by Finanso®
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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.

3.0
(30 Ratings)

Possible Finance PayOff

Advertiser Disclosure

Repaying a Possible Finance loan is straightforward, whether through their app or online. In the app, simply tap "Make a Payment" from the dashboard, choose your payment amount, confirm the details, and tap "Pay Now." Online, log in to your account, find the "Make a Payment" button, and follow the instructions. Both methods are designed to make repayment quick and convenient.

possible finance repay

Make Payments Online Through the Bank Account

  1. Visit The Website. Go to the Possible Finance website.

  2. Click Log In. Click on the "Log In" button to access your account.

  3. Enter Your Credentials. Input your email and password to sign in.

  4. Find Make A Payment. Locate and click on the "Make a Payment" button.

  5. Follow Instructions. Complete the payment process by following the on-screen instructions.

Make Payments Through the App

  1. Access The App Dashboard. Open the Possible Finance app and tap on "Make a Payment" from the dashboard.

  2. Choose Payment Amount. Select the payment amount you wish to pay, whether it's a missed installment, an upcoming installment, or the full balance.

  3. Review And Confirm. On the confirmation screen, you can edit the payment amount, change the payment method, or add a new one. When you're ready, tap "Pay Now."

  4. Payment Confirmation. A "Thank you" screen will appear, providing details about your payment, including processing time. Please note, once you tap "Pay Now," the payment is confirmed and cannot be undone.

Make Payments Through a Different Bank

  1. Obtain Payment Details. Gather all necessary information, including your loan account number and the Possible Finance account details where the payment should be sent.

  2. Log in to Your Bank Account. Access your bank’s online banking portal by logging in with your credentials.

  3. Set Up a New Payee. Navigate to the bill pay or transfer section of your bank's website. Select the option to add a new payee and enter the Possible Finance payment details, including the bank account number and routing number.

  4. Schedule the Payment. Choose the payment date and enter the amount you wish to pay. Confirm the details and schedule the payment. You can choose to make a one-time payment or set up recurring payments if your bank supports this feature.

  5. Confirm and Track the Payment. After scheduling the payment, confirm the transaction. Keep an eye on your bank account to ensure the payment is processed and funds are deducted.

Via ATM

  1. Locate an ATM. Find an ATM that supports loan payments. Some banks and financial institutions offer this service.

  2. Insert Your Debit Card. Insert the debit card linked to your bank account into the ATM.

  3. Select the Payment Option. Navigate through the ATM menu and select the option for making bill payments. 

  4. Enter Payment Details. Provide the necessary details, such as your Possible Finance account number. You might also need to enter the amount you wish to pay.

  5. Confirm and Complete the Transaction. Review the payment details for accuracy. Confirm the transaction to complete your payment.

Additional Resources

FAQ

What are Possible Finance terms?

The borrower can pay the installment loan within 8 weeks. This is the maximum repayment term. Any payments later than 8 weeks will be considered late.

Can I extend my Possible Finance payment term?

Yes, Possible Finance allows the borrower to change the payment date 1 time during the first 29 days after signing the loan agreement. The borrower can extend the repayment term by moving the repayment date to the end of the grace period.

How do I pay Possible Finance back?

Payment on a loan from Possible Finance can be made by transfer from a checking, savings bank account, or debit card. The borrower can install AutoPay. In this case, the loan payment will be withdrawn automatically from the borrower's account using ACH debit.

Offers
Rating by Finanso®
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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.

Recommended FinScore™
0
300
650
1000
100.00 – 500.00 $
Rate
i

Interest rate

to 460.00 %
Term
i

Loan term for the financial product

to 28 days
Apply
Rating by Finanso®
i

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.

Recommended FinScore™
0
300
650
1000
400.00 – 800.00 $
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Recommended FinScore™
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26.99 – 26.99 %
Rating by Finanso®
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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.

Recommended FinScore™
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Rating by Finanso®
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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.

Recommended FinScore™
0
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Interest rate

21.49 – 28.49 %
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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.

Recommended FinScore™
0
300
650
1000
Rate
i

Interest rate

20.49 – 29.24 %
Calculate loan payments in Possible Finance

Possible Finance calculator will allow you to calculate an approximate payment schedule for the loan

Possible Finance calculator
Interest rates are given in accordance with the rates of the Possible Finance of 12.09.2024
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Possible Finance reviews 2024
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4.2
Pros
Fantastic app and extremely helpful – I would definitely recommend it. So grateful for their assistance when nobody else would help!
Complain
4.6
Pros
The process of getting this was incredibly fast and easy. Overall, an excellent experience!
Complain
2.6
Cons
This company is abysmal. There's no live person available for contact. For nearly two years, my credit has been adversely impacted because they simply won't accept my payments. I had the funds ready for the required payment, but they failed to withdraw them. Additionally, they're unresponsive to customer emails seeking to resolve this issue. I'm left with no choice but to pursue legal action against them.
Complain
2.6
Cons
I've contacted them multiple times to update my payment method, but their app wouldn't allow me to switch to the new one. Now, they're processing my payment using an old account, which I know won't clear – I've already informed them about this issue. I'm concerned this company's actions might negatively impact my credit report.
Complain
2
Cons
Avoid this company and their app at all costs – it's a scam. I've been struggling just to pay them. It's been impossible to contact anyone, even though I'm only trying to settle a $43 debt. The app only returns automated replies, and now they're insisting on taking just $14, ignoring my request to clear the full balance, which will end up costing me more in interest. This issue is even hindering my ability to secure a home loan. Please do thorough research and don't end up in a situation like mine. I desperately want to pay off this debt and remove it from my credit history!
Complain
2.6
Cons
Terrible experience with this company! I've been attempting to pay off a loan for a week, sending multiple emails without any response. Extremely frustrating!
Complain
2
Cons
I'm yet to receive the loan I applied for and, despite sending several emails, I haven't received any reply. My account still displays upcoming repayment dates, and I'm concerned about being required to repay a loan I never received. I advise against using this company; there's no way to contact a real person, and the only option to communicate – sending emails through the app – has been unresponsive.
Complain
4.8
Pros
Possible Finance offers an accessible, flexible, and fair approach to borrowing money. I'm grateful they've created such a functional and effective lending option.
Complain
1.4
Cons
Last year, due to unemployment, my credit suffered. I came across Possible Finance and thought it seemed a straightforward way to improve my credit score. I took out a small loan, which I repaid fully and on time, and as they had promised, they reported this to all three credit bureaus, slightly boosting my score. Encouraged, I decided on a second loan, aiming for another increase in my score. However, I recently received notifications from the credit bureaus about a negative mark on my credit reports, resulting in a 30-point drop in my score. It appears that Possible Finance marks your account as closed after you've repaid a loan in full. When I reached out to their support, I only received a generic apology explaining they can't influence how credit bureaus interpret their reports. Now, I'm in a bind, as repaying my current loan will likely cause another 30-point decrease in my score.
Complain
2
Cons
I secured a small payday installment loan from Possible Finance on the afternoon of Friday My loan was approved, and I was notified that the funds would be directly deposited into my checking account on Monday. However, Monday passed without any deposit. In seeking assistance, I discovered that Possible only offers support through an in-app help center, lacking both a phone number and a chat service. I could only report my issue and wait for an email response, which unhelpfully advised me to "wait another day". By Tuesday, with still no deposit, it dawned on me that I might have made a significant error in choosing them.
Complain
Company rating
3.0
/ 5
30 reviews
Application
2.9
Support service
3.0
Mobile App
3.2
Service quality
2.9
Your satisfaction level
3.0
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