Possible Finance
Possible Finance is a Seattle-based lending app offering small short-term loans up to $500 and paycheck advances up to $300, positioning itself as a way to build credit history while avoiding some of the fees associated with traditional payday lending. The company operates as a Public Benefit Corporation and manages the entire process through its mobile app rather than a physical branch visit. It also offers a bill and rent payment product aimed at helping customers build credit through everyday payments.
What people praise
- Reviewers who had a smooth experience describe getting funds quickly through the app
- Offers a Financial Relief Plan for customers who need more time to repay
- Allows rescheduling a payment up to 29 days out within the app
- By far the most-reviewed name on this list, giving a large base of feedback to judge from
Worth knowing
- A cluster of recent reviews describe long delays reaching customer support by email, with no phone line
- Several reviewers mention frustration resolving account or credit-reporting disputes
- Support responses in reviews are largely templated, which some customers found impersonal
Our take: The largest, most-reviewed option here for short-term borrowing, but the recent pattern of support complaints in the reviews is worth weighing carefully before you sign up, especially if you anticipate needing to resolve an account issue quickly.
