What are Chime Instant Loans?

Chime Instant Loans provide easy access to money when you need it to cover the cost of an essential expense. If you accept the loan offer, the funds will be deposited into your Chime checking account. You will be able to access your account to check your current balance and schedule automatic repayments to pay back your loan.
How do you get a loan for your business?

Loans are currently only for those who meet eligibility criteria. You'll receive a push notification and a message from your Chime app if you're eligible to receive a loan. If you just repaid the loan, we'll inform that you're now eligible for a new loan.

If you want to qualify for a loan, here are a few things you need to be aware of:

A Chime account which is in good standing
Regular direct deposits to Chime's Checking Account
Chime does not have any outstanding loans

How much can I borrow

Chime Instant Payday Loans That Accept Chime, http://switzvisa.ru/, start at $100 and could increase depending on the eligibility requirements.
I'm able to borrow more than I took out. What can I do to increase my loan amount?

No matter how large the loan is it isn't possible to increase the amount you borrowed. You'll be required to pay back the amount you've already taken out and wait for Chime notification to inform you if you are approved for another.
Does a loan carry the possibility of interest?

Yes. $5 is the amount of interest on a $100 loan. More expensive interest rates apply to loans that are larger than $100. Repaying your loan early will actually result in lower interest rates. Furthermore, you will not have to pay application fees as well as for late or later payment.
How do loan payment works?

You are able to repay your loan by making three (3) monthly payments*. Setting autopay in the app's settings is the best way to repay your loan. We will inform you prior to each transaction being completed. The Chime Checking Account will automatically debit your monthly payments. If you choose not to use autopay, you'll have to make payments manually using your app.

Autopay lets you make additional payments and make payments to pay off your loan sooner, even if you do not have autopay on. This way, you can save money on interest!
What happens if I fail to make my payment?

We will not charge you any additional interest or a late fee if you fail to make your payment. SpotMe limits may not be increased if your accounts aren't in order.
I paid off my debt. What do I need to do?

After you have paid off your loan, the loan you were offered will not be available. A push notification and message will be sent to you when you have been approved for a new loan.