What is Chime Instant Loans?

Chime Instant Loans are fast and easy to access whenever you require funds to pay for important expenses. When you accept your loan offer the loan will be available on the Chime checking account. You can check your balance using your app or schedule monthly payments to pay off your loan.
What is the best way to obtain a loan?

The moment is that loans aren't currently available to all members. An email notification will let you know that you're eligible to receive loans and you'll receive a notification on your Chime mobile application. We'll let you know if you've recently repaid an outstanding loan.

These are the requirements you must have to be qualified to get a loan.

A Chime account that is in good standing
Regular direct deposits to your Chime Checking Account
Chime has no outstanding loans

What is the maximum I am able to borrow?

Chime Instant Payday Loans That Accept Chime (borisgamer.ru) are available beginning with $100. However, we can increase our terms of loans to larger amounts based on your eligibility.
I am eligible for greater than the amount I have borrowed. Do I have the option of increasing my loan?

You can't increase the amount you've already taken out and are repaying even if qualified for a bigger loan. Make sure you pay off the loan first, then wait for Chime's approval before you approve for another.
Does a loan have the possibility of interest?

Yes. $5* is the amount of cost of interest on 100 dollars. The interest amount on a $100 loan is likely to be greater if you take out more. You'll pay less interest when you pay off the loan in advance. Additionally, you will not be charged any additional fees to be applied for, or for early or late payment.
How does loan repayment work

Repayment of loans is possible in three (3) monthly installments. To repay your loan you can turn on autopay from within your app settings. Automatic deduction from the Chime Checking Fund will take place. You'll be notified prior to every transaction is finished. You can pay via your app manually in case you do not want to use autopay.

There is the option of making additional payments on your loan when autopay is turned on. This will help you save cash on interest.
What happens if I fail to make a payment?

If you fail to pay a loan, you won't be assessed a late fee or any additional interest over the amount you agreed to when you accepted your loan. You may be unable to raise the amount of your SpotMe limit when you have accounts that are in default.
I paid the loan. What should I do?

A loan payment could make it difficult to obtain a new loan. A push notification and message will be sent out to you after you have been approved for another loan.