Company Profile
Personal loans offered through Splash are unsecured consumer loans that can be used for a variety of purposes. These include debt consolidation, paying off credit cards, home improvement, major purchases, moving expenses, medical or dental expenses, transportation, and special occasions.
Borrowers can fill out a quick prequalification form in minutes to be able to compare the rates that they are eligible for. A soft credit pull is used so checking rates will not Impact their credit
score.
Once a rate is selected, consumers can complete and submit their application online. If approved, consumers can typically expect the funds within 24-48 hours.
Loan Information:
● Min Loan Terms: 24 Months or 3 years
● Max Loan Terms: 84 Months or 7 years
● Autopay Discount: 0% or .25%
● Origination Fees: None
● No pre-payment Penalties
● Time to fund: Typically, 1-3 days
Borrower Eligibility Requirements
● Minimum Credit Score: 660
● Income Minimum: None
● Citizenship Status: US Citizen or US Permanent Resident
● Age Restrictions: At least age of majority in your state
● Loan Minimum: $1,000
● Loan Maximum: $50,000
● Acceptable Loan Purposes: Debt Consolidation, Payoff Credit Cards, Home Improvement,
Moving Expenses, Special Occasion, Major Purchase
● Loan Purpose Restrictions: Business Expenses, Auto, Other Asset Secured purposes
General Disclosure:
Terms and Conditions apply. Please note the loan amount, as this may be a counteroffer of the original loan amount requested. Splash reserves
the right to modify or discontinue products and benefits at any time without notice. Rates and terms are subject to change at any point prior to
application submission. Your prequalified rate is based on information you provided. All final offers require verified credit information which could
impact your qualified rate. Not all applicants qualify for the lowest rate. The information you provide to us is an inquiry to determine whether
Splash's lending partners can make you a loan offer. If approved, your actual rate will be within a range of rates and will depend on a variety of
factors, including credit score, credit usage history, loan term, and other factors. Please be advised that a lending partner who has an available
loan offer for you may conduct another soft credit pull as part of its application review process. Splash marketplace loans offer rates between
10.24% to 26.39% APR. Our lowest rate may include a 0.25% autopay discount for the shortest loan term. Personal loans offered through the
Splash network have an origination fee of 0% to 12%, which may be deducted from the loan proceeds. Lowest rates may require autopay and may
require paying off a portion of existing debt directly. The autopay reduction will not be applied if autopay is not in effect. See loan agreement for
details. The APR on your loan may be higher or lower and your loan offers may not have multiple term lengths available. Repayment examples are
for illustrative purposes only. Personal loan repayment example: If you are approved for a $10,000 loan with a 36-month term and a fixed APR of
17.98% (which includes a 14.32% yearly interest rate and a 5% one-time origination fee), you would receive $9,500 in your account and would
have a monthly payment of $343.33. Not all rates and amounts are available in all states. Residents of Massachusetts have a minimum loan amount of
$6,000; New Mexico and Ohio, $5,000. Georgia residents have a minimum loan amount of $3,001. There is no fee or penalty for repaying a loan
early. Late payments or subsequent charges and fees may increase the cost of your fixed-rate loan. Personal loans are solely for personal, family,
or household purposes and are not permitted to be used to purchase or refinance the purchase of real estate, securities or other investments.
Personal loans may not be used for business purposes, to finance post-secondary education expenses, for short-term bridge financing or any
illegal purpose.