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We offer loans from $100 to $35,000 which can be repaid over 1 to 60 months, either in one large repayment, like a payday loan or over installments. The sum of money that you can borrow will be based on numerous factors including your age, income, credit score, residential status, affordability, employment and state laws where you live. We always aim to match the amount you wish to borrow as closely as possible and will be able to pair your enquiry with numerous lenders and products to find you the best fit.

Yes, our panel of lenders are willing to consider all types of credit histories, including fair credit, poor credit and no credit. There are several different types of lenders who cater specifically to bad credit scores – and we have been able to match up thousands of customers to date.

To be eligible, having a stable income and employment will always back up your ability to repay your loan and help you get the loan you need. In some cases, you may need to use collateral or a valuable asset and this can help you borrow money against this item.

If you need money quickly, you should always speak to family members and friends. Very often, they can loan you some money free of charge and with flexible repayment dates. If you are having long-term financial issues, you should speak to a debt professional. You must always explore other low cost options such as using credit unions or using a garage sale to sell old items.

If you need to borrow money desperately, you should speak to a financial professional or consider sitting down with some close family members to discuss a plan. However, if you are confident that you can repay your loan on time, we are delighted to offer a free and effective way to borrow money that can offer funds within 24 hours.

If your application is declined, you will not incur any fees, charges and your details will not be passed to any other third parties without your permission. Your loan enquiry will not impact your credit score either way and you are free to look at other viable alternatives to help you get the loan you need.

The cost of our loans range from 9.9% to 600% APR depending on the type of product and the risk for the lender. Other  factors are taken into consideration such as your employment and income, credit score, affordability and the length of your loan.

For those customers with good credit scores, you may be connected to unsecured or personal loans starting from 9.9% APR and even a secured loan may start from 3% if you have a lot of security or collateral. But generally speaking, for customers with bad credit or those looking for payday loans, you may be paying around 300% to 600% APR, usually because the rates of these products are adjusted for poor credit and because they are short term and the rate is inflated as a result.

Yes, we are able to transfer funds to your bank account within 15 minutes, 1 hour or 24 hours. With our automated decision engine, you can receive an instant decision and if you wish to proceed and have passed the further checks, you can get money into your account as fast as possible. In some cases, those with very good credit scores and a strong repayment history can receive money immediately.

The loans from Capital Bean are best suited for short term and emergency purposes, with a fixed repayment date in sight and not to be used as a long term solution or revolving credit. For example, paying for car repairs, utility bills, household repairs, medical bills, funerals and childcare costs.

Our larger loans of $3,000, $10,000 or $20,000 can be used for more lifestyle purchases and expenses such as new cars, starting a business, home improvements and gifting to family members.

Typically, we are unable to offer loans for people who are unemployed and you will normally need to be earning a minimum amount of $500 or $800 per month to be eligible for some loan products. In some cases, you may be able to borrow by leveraging a valuable asset such as a car or property and this can allow you to borrow money and be helpful for people who are between jobs. If you are on welfare, in the army or have retired and receiving a pension, you may be able to use this as income, rather than stating you have no income.

An installment loan is a type of loan that allows a borrower to borrow a specific amount of money, which is then paid back over a set period of time in a series of fixed, regular payments. These payments are called “installments”, hence the name.