Rates & Fees
Last updated: January 1, 2026
Overview
Possible Finance is a secure financial matchmaking platform, not a direct funding provider. This platform connects consumers with a network of licensed, independent network participants. The specific rates and fees you are offered depend on the network partner's underwriting criteria, your credit profile, income, and state of residence. This platform does not make credit choices, does not issue loan approvals, and does not charge application fees.
Key Financing Parameters
| Loan Amount Range | $500 – $5,000 |
| Repayment Terms | 61 days – 72 months (6 years) |
| APR Range | 5.99% – 35.99% |
| Origination Fee | Varies by network partner: typically 1%–5% of principal (disclosed before acceptance) |
| Late Payment Fee | Varies by network partner (disclosed in funding agreement) |
| Prepayment Penalty | None (most network partners do not charge prepayment fees) |
| Non-Sufficient Funds (NSF) Fee | Varies by network partner (disclosed in funding agreement) |
Understanding Your APR
The Annual Percentage Rate (APR) represents the total cost of borrowing expressed as a yearly rate. It includes the interest rate plus any fees charged by the network partner, giving you a single number to compare offers.
A lower APR means a less expensive loan overall. Your specific APR is determined by the network partner and depends on:
- Your credit score and credit history
- Your verified income and debt-to-income ratio
- The loan amount requested
- The repayment term selected
- The specific network partner's underwriting policies
Representative Payment Examples
For illustrative purposes only. Actual terms will vary by network partner.
| Loan Amount | APR | Term | Monthly Payment | Total Repayable | Total Cost |
|---|---|---|---|---|---|
| $500 | 5.99% | 12 months | $43.08 | $516.96 | $16.96 |
| $1,000 | 14.99% | 18 months | $64.32 | $1,157.76 | $157.76 |
| $2,000 | 24.00% | 12 months | $189.12 | $2,269.44 | $269.44 |
| $2,500 | 19.99% | 24 months | $128.54 | $3,084.96 | $584.96 |
| $3,500 | 29.99% | 36 months | $137.80 | $4,960.80 | $1,460.80 |
| $5,000 | 35.99% | 60 months | $148.65 | $8,919.00 | $3,919.00 |
State-Specific Variations
Interest rate caps, maximum amounts, minimum repayment terms, and required disclosures vary by state. Not all network partners operate in all states. Some states (e.g., New York, West Virginia, Arkansas) have specific usury laws that may further limit terms or availability. Always review your network partner's disclosures for state-specific terms.
Questions About Your Rate?
The support team is available Monday–Friday, 9:00 AM – 6:00 PM EST to walk you through any rate disclosure from a network partner or help you understand the routing process.
Contact Support