Possible was Karla’s first step towards saying, “Never again” to getting stuck in credit card debt. Past financial challenges had left her credit score in a less-than-ideal state, and she needed a way to re-establish herself as a borrower. Her first Possible Loan offered a financial safety net and a new approach to credit: every on-time payment would count towards re-building her credit score^ with bureaus.
When Karla found out she was approved for a Possible Loan, she felt an overwhelming sense of relief. It was a turning point—a chance to re-build her credit and take control of her financial future. The application process was straightforward and user-friendly. Karla downloaded the Possible app, filled out the necessary information, and within minutes, she was approved for a $125 loan*. The money was direct-deposited into her bank account, and the payments were set to automatically withdraw over installments across her next 4 paychecks*, making the entire process seamless and hassle-free.
Rebuilding her credit score
Karla saw her first Possible Loan as an easy and effective way to rebuild her credit score. The convenience of automatic payments meant she didn’t have to worry about missing a due date, which was crucial for her financial recovery. After successfully paying off her first loan, Karla was offered another loan—this time for $250*. She gladly accepted, knowing that it was another step towards improving her credit score. She used the money for household items she needed, alleviating the stress of waiting until payday.
As Karla continued to make her payments on time, she noticed her financial confidence growing. Possible extended her another loan for $425*, reflecting her stellar history of on-time payments. Each loan she took out and repaid on time contributed to rebuilding her credit, giving her more tools to make ends meet and a sense of security. The automatic payments made the process effortless, allowing her to focus on her family and other responsibilities without constantly worrying about her finances.
Creating a financial safety net
One of the most significant benefits Karla found with Possible was the peace of mind of knowing she had access to funds if she needed them. In the past, credit card debt had been a source of stress and financial strain. With Possible, Karla had a better option—loans that were easy to manage and contributed positively to her credit history. She no longer had to rely on high-interest credit cards or worry about hidden fees and penalties.
For Karla, having a sense of financial security meant having enough to provide for her family’s needs. Possible became an integral part of her financial strategy.
Our mission at Possible
Karla isn’t alone. Millions of other Possible customers have experienced similar moments when trying to make ends meet, waiting for payday or getting stuck paying hidden fees.
A Possible Loan can’t fix everything in an emergency. But we can offer a financial cushion when you need it most. We don’t charge late fees or penalty fees. And we do give you more time to repay than a traditional payday loan.↟ You don’t need good credit to apply, but we do help you build credit history by reporting your payments to credit bureaus.
We offer all these benefits for a reason. It’s our mission to end the debt cycle and help customers like Karla unlock economic mobility in the long-term. We structured our Loan so that we succeed when our customers do. In an industry where it feels like the odds are stacked against you, we’re the opposite.
We’re committed to transparency, fairness, and accessibility. That’s why we stand out in a financial landscape often dominated by hidden fees and stringent credit requirements. Our application is different, too: by including your income, bank transactions, and cash flow in the application process, a Possible Loan offers a path to borrowing where others doors may have closed.
As a Public Benefit Corporation, it's our mission and responsibility to provide tools that help you break free from the cycle of debt, build your credit^, and move towards a brighter financial future.
If you find yourself in a situation similar to Karla’s—seeking a way to rebuild your credit and achieve financial stability—get the Possible app today and apply for a loan in minutes. 🟦
// In some states, loans available through Possible Financial Inc. dba Possible Finance are issued by Possible Financial Inc. In other states, loans available through Possible Finance are issued by Coastal Community Bank. Loan terms are subject to eligibility.
*Loan amounts and structures vary by state. For examples of rates and terms, see possiblefinance.com/samplepaymentschedules
^Credit scores are based on many factors and individual results may vary.
↟Source: https://www.consumerfinance.gov/ask-cfpb/what-is-a-payday-loan-en-1567/
Karla is an actual Possible customer and was compensated in return for sharing their honest opinion. Individual results are unique and may vary.
