How much can I borrow?
Once you submit your application, it just takes a few minutes to find out what loan amount you are eligible to receive. The maximum loan amount we offer is $1,000. Your traditional credit score with the “big three” will not change just because you submitted an application.
Can I get a loan with bad credit?
Can I get a loan with no credit?
So, yes, we make loans to people with “no credit history” if you are thinking about it in a banker-speak way.
We know there are more good things we can look at along your path to financial independence. Having a mobile phone account, paying your rent, and more real life situations like these are considered credit history with us.
Will my credit score change if I apply for a loan?
We may use alternative sources to verify your identity and/or if you are under active military status. Some of these sources may use information obtained through the major credit bureaus. When they do, our check for your application may show up as a soft inquiry on your credit report. But, soft inquiries are not a factor that the major credit bureaus use to calculate your credit score.
Simply put, the answer is no.
What are the minimum requirements to qualify for a loan?
What is Instant Bank Verification?
How much does it cost?
Journey over to our New Customer Loans page for an example of the cost of an Ascend Loan.
What is an Annual Percentage Rate or APR?
How do you get my loan funds to me?
When you get a loan from Ascend Loans the amount you borrow (the principal) is sent directly to your checking account using instant funding via your debit card or by ACH. With ACH, you typically will receive your funds the next business day after you sign your loan agreement, provided that day is not a bank holiday. If your application is approved with instant funding, you may receive your funds in as little as 30 minutes after you sign your loan agreement.
What is ACH?
ACH is short for the Automated Clearing House network, and is a fast and secure way to send and receive money. Sometimes you hear this process referred to as direct deposit.
What is instant funding?
Instant funding is available to qualified approved applicants. With instant funding Ascend Loans will ask you to provide your debit card number. We will send your loan funds to your account using that debit card. If your application is approved with instant funding, you may receive your funds in as little as 30 minutes after you sign your loan agreement.
If I sign up for auto-pay, do I get any kind of discount?
May I increase my loan amount?
How do I refinance my loan with Ascend Loans?
How can I lower my cost?
Sign-up for auto-pay when you apply for your loan allowing us to debit your payment from your checking account each scheduled payment, and we will discount your interest rate by 25 percentage points.
You may also make additional payments to your loan or even pay your loan off early without a penalty. Either will lessen the amount of interest that accrues and is due on your loan. Click My Account to login and schedule your pay off or to make an extra payment at any time. It is safe, secure, and simple.
Is there a penalty for paying my loan off early?
My payment is due on a weekend or a banking holiday. What happens?
What if I cannot make my next payment?
How do I cancel my loan?
You have until 3:00 p.m. pacific time on the business day following the Disbursement Date listed on your Loan Agreement to cancel your loan without any cost or penalty. We call this day and time your Cancellation Deadline. To cancel your payment obligations on this loan, you must email us by or before the Cancellation Deadline at email@example.com. In your email you must say that you want to cancel the future payment obligations on this loan. Your right to cancel your loan only applies if your loan either has not funded or, if it has, the funds are returned to us. If your loan was already funded and we receive the full amount of the principal amount via ACH debit, then both your and our obligations under this Loan Agreement will be rescinded. If we do not receive payment of the principal amount by ACH debit to your checking account, then this Loan Agreement will remain in full force and effect.
How do I get my balance?
Where can I access a copy of my Loan Agreement?
Does Ascend Loans offer any discounts or benefits if I borrow again?
Yes! We designed our Emerald Rewards program to reward returning customers who pay back their new customer loan on good terms. If you qualify, your APR on a future loan with us will be less than the APR on your first loan with us. For a more detailed review of these terms, please visit the Emerald Rewards page.
Will I qualify for a higher loan amount with Emerald Rewards?
Are my returning customer benefits the same for all future loans?
How do I apply for an Emeralds Rewards loan?
If your final payment was made greater than 4 business days ago and has cleared your bank account, applying online through self-service is the way to go. Simply click My Account to login. Then click the reapply button. That will take you to the expedited returning customer loan application.
I had to defer a payment on my current / last loan with Ascend Loans. Am I still eligible for Emerald Rewards?
Ascend Loans, LLC (“Ascend”) subprime loans are designed to help you meet short-term borrowing needs, such as for car repair, medical care for you or your family, or travel expenses in connection with your job. These loans are an expensive form of credit and are not intended to provide a solution for long-term credit or other financial needs. Alternative forms of credit such as a credit card advance, personal loan, home equity line of credit, and borrowing from a friend or relative may be a less expensive and more suitable source of funding.
Ascendloans.com is a website owned and operated by Ascend Loans, LLC, a wholly owned economic development arm and instrumentality of the Habematolel Pomo of Upper Lake (the “Tribe”), a federally recognized Indian tribe. This service is offered to you via the internet from the Tribe's trust land, regardless of where you may be situated or access this site, and constitutes an offer or solicitation for consumer loans solely within the Tribe's jurisdiction, not in any other state. The Tribe does not allow access or accept applications for this service from residents of all locations, and the service may or may not be available at your location The locations from which the Tribe chooses to allow access to its jurisdiction may change from time to time without notice. The Tribe regulates financial services obtained by anyone choosing to access the Tribe's jurisdiction, such as you, under the Habematolel Pomo of Upper Lake Tribal Consumer Financial Services Regulatory Ordinance. Ascend is authorized to offer such services within the Tribe’s jurisdiction through a license issued by the HPUL Tribal Financial Services Regulatory Commission. If you choose to visit the Tribe’s jurisdiction through the internet and access services offered and regulated under the Tribe’s laws, you must consent to the Tribe's jurisdiction and agree that Tribal law governs such services. Any agreements governing those services will become binding when we accept them at our offices on the Tribe's land.
Applications approved with instant funding are typically funded within 30 minutes of signing the loan agreement. Applications approved by 4:00 p.m. pacific time Monday through Friday are typically funded the next business day. Ascend may perform credit checks or otherwise verify the personal and financial information submitted on your application through traditional and alternative credit bureaus. If we are unable to verify your application information electronically, we will perform a manual verification in which you will be asked to provide certain documents. Manual verification may delay your loan decision and, if you are approved, funding. First-time Ascend customers may qualify for a loan of $300 up to $1,000. Customers with good payment history may qualify for subsequent loans at a discounted APR and increased dollar amount not to exceed $2,000. Complete disclosures of APR, fees, and payment terms are set forth in the loan agreement which you should read before you sign and obtain funds. Your loan may be repaid at any time without penalty.
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