Possible Loan: what $100 really costs
In brief
Possible lends $50–$500 (more in some states) as an installment loan repaid in four payments over about eight weeks. The cost is a finance charge set by state, $20 per $100 in most states. Possible doesn’t use credit scores to decide, and charges no late fees.
Fees and terms checked · Not financial advice
Not in the cost ranking: An installment loan repaid in 4 payments over about 8 weeks, with its own APR disclosure.
Every published price
Quoted from Possible’s own pages, checked November 8, 2026. Each line links to where it says so.
| Charge | Price | From Possible’s page |
|---|---|---|
| Membership | not required | Monthly subscription fee may apply for products offered in the following states: Colorado, Georgia, Massachusetts, Minnesota, Mississippi, New Jersey, New Mexico, North Dakota, Oklahoma, South Dakota, and West Virginia.possiblefinance.com |
| Finance charge ($20 per $100 in most states) | $20.00 on $100 | Your borrowing fee depends on where you live, and it's split evenly across your scheduled payments.support.possiblefinance.com |
| Instant to your debit card | $0.00 on $100 | Send your Possible Loan funds straight to your debit card. No instant transfer fee.possiblefinance.com |
| Standard delivery (1–2 business days) | $0.00 | Standard Disbursement via ACH (bank transfer): Funds typically arrive in 1-2 business days, not including Saturdays, Sundays or bank holidays.support.possiblefinance.com |
| Tips | not taken | No penalties. We’ll never ask for tips. Zero late fees.possiblefinance.com |
| Late fee | $0.00 | Never pay late fees Zero penalty fees. No surprises. Ever.possiblefinance.com |
| Rescheduling fee | $0.00 | move payments up to 29 days out from the original due date—there’s no rescheduling feepossiblefinance.com |
| Prepayment penalty | $0.00 | There’s no penalty for paying your loan early and it’s easy to do so right in the app.support.possiblefinance.com |
| Alaska loan origination fee | $5.00 | In Alaska, a Possible loan costs costs $15 for every $100 borrowed plus a $5 loan origination fee.support.possiblefinance.com |
| Louisiana documentation fee (licensing disclosure) | $10.00 | Interest : $16.75 for every $100 borrowed Documentation Fee : $10 for every loanpossiblefinance.com |
Plans
| Plan | Per month | Note (from Possible’s pages) |
|---|---|---|
| Possible Loan (no membership) | $0.00 | Standard Possible Loan in the 34 loan states; priced by a per-state finance charge (see state_pricing). |
| Plus plan (Mississippi and Oklahoma, new customers only) | $14.99 | Bundles installment loans up to $500 at a 'guaranteed' 35.99% APR, bill & rent reporting and Coach; 7-day free trial ends early if you accept a loan. Instant transfer carries a size-based fee shown in-app. Source: https://support.possiblefinance.com/hc/en-us/articles/46978919996557-About-Possible-Plus-Plan |
Limits, eligibility and repayment
- Maximum
- $750.00 California borrowers can access installment loans of up to $750^ with Possible possiblefinance.com
- To start
- Loans range from $50-$500. The average first loan is $192 (Source: internal data, December 2025) possiblefinance.com
- Who can get it
- A compatible checking account that is supported by our partner, Plaid; At least 3 months of transaction history; Recent income deposits; A positive bank account balance support.possiblefinance.com
- Credit check
- Not stated as yes or no Credit scores are not used to determine your eligibility. We use a variety of factors when determining your eligibility, such as your bank account balance, regular income deposits, a Clarity check, and more support.possiblefinance.com
- Repayment
- Your total borrowing fee is divided equally over 4 payments. You’ll have around 8 weeks to repay your loan in full. Need more flexibility? You have a 29-day grace period to adjust your payment dates support.possiblefinance.com
- Interest
- *APR is calculated based on four bi-weekly payments over a 56-day term. possiblefinance.com
- States
- Possible Loans are available in: Alabama, Alaska, Arizona, Arkansas, California, Delaware, Florida, Hawaii, Idaho, Indiana, Iowa, Kansas, Kentucky, Louisiana, Michigan, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, North Carolina, Ohio, Oklahoma, Oregon, Rhode Island, South Carolina, Tennessee, Texas, Utah, Vermont, Virginia, Washington state and Wyoming. support.possiblefinance.com
- Disclosed APR
- 136.60%–248.67% Last Updated: June 30, 2026 possiblefinance.com
- Bank connection
- Plaid Possible partners with Plaid, a trusted third-party service, to securely link to your bank account. support.possiblefinance.com
- Works with Chime
- Listed as not supported We are currently unable to support some of the following accounts: Chime, Simple, Venmo (Personal), PayPal, Bluebird Amex, Dave, Serve, Current, Go2Bank, ONE, Albert, Lili, Branch, Uber Pro Card, Oxygen, Kikoff, MoneyLion (RoarMoney), Walmart MoneyCard by Green Dot, Turbo Card by Green Dot, ACE Flare Account by Metabank, Wisely by ADP, Providers Card, Gusto, Step support.possiblefinance.com
- Works with Cash App
- Only “most banks” wording Right now, Possible can review applications from and disburse money to most traditional banking accounts, as well as some online banks. support.possiblefinance.com
Regulatory actions
From official sources only. A complaint states allegations; it is not a finding.
- California Department of Business Oversight (now DFPI) (consent order): Possible made deferred-deposit (payday-type) installment loans in California under a California Financing Law license instead of the required CDDTL license, after a licensing consultant filed the wrong application. Possible self-disclosed and stopped lending. It was ordered to desist and refrain and paid a $51,500 penalty, and DBO then issued a CDDTL license. The date is from the DFPI action page; the order text indicates late Dec 2019. Status: Resolved by consent order. Source
Close to Possible on cost
Albert Instant Advance
$0.00 · 0% APR
Chime MyPay
$3.00 · 78% APR
EarnIn Cash Out
$5.99 · 156% APR
MoneyLion Instacash
$7.50 · 196% APR
Sources for this page
- possiblefinance.com — Possible’s own page, checked Nov 8, 2026
- possiblefinance.com — Possible’s own page, checked Nov 8, 2026
- possiblefinance.com — Possible’s own page, checked Nov 8, 2026
- possiblefinance.com — Possible’s own page, checked Nov 8, 2026
- support.possiblefinance.com — Possible’s own page, checked Nov 8, 2026
- support.possiblefinance.com — Possible’s own page, checked Nov 8, 2026
- possiblefinance.com — Possible’s own page, checked Nov 8, 2026
- possiblefinance.com — Possible’s own page, checked Nov 8, 2026
- support.possiblefinance.com — Possible’s own page, checked Nov 8, 2026
- support.possiblefinance.com — Possible’s own page, checked Nov 8, 2026
- support.possiblefinance.com — Possible’s own page, checked Nov 8, 2026
- apps.apple.com — Possible’s own page, checked Nov 8, 2026
- support.possiblefinance.com — Possible’s own page, checked Nov 8, 2026
- support.possiblefinance.com — Possible’s own page, checked Nov 8, 2026
- possiblefinance.com — Possible’s own page, checked Nov 8, 2026
- support.possiblefinance.com — Possible’s own page, checked Nov 8, 2026
- California Department of Business Oversight (now DFPI), Dec 24, 2019 — consent order
How costs are calculated, what is left out and how to send a correction: methodology.
Cite this page
Best Cash Advance Apps. "Possible Loan: the true cost of a $100 advance." Updated November 8, 2026. https://bestcashadvanceapps.com/apps/possible-finance/