If you are looking to borrow money instantly, Capital Bean is here to help if you need to borrow $300, $500 or even up to $35,000. Our application form is completely online and will not impact your credit score. You can apply online today, with bad credit options too!
Capital Bean can help you borrow money instantly in the most effective and fastest way possible today. We act as a loans connection service and will match your application with more than 50 regulated and licensed lenders in the US who are eager to approve your loans right away.
We know that it can be difficult to get approved for loans with bad credit or get low rates if you do have a poor credit history. Our entire panel of lenders will consider different credit histories and we make sure to connect you with a lender that is most likely to approve your offer and give you the best offer for you.
Working with Capital Bean is completely free and there are no fees to submit an application for an online loan. There are never any hidden costs. We simply take a small fee from the lender if your application is successful – and we do not share your information with anyone else.
We are dedicated to affordable rates, responsible lending, and making sure that our customers get into a better financial position than when they started with us. Our clients can request a loan 24 hours a day and 7 days per week and there are no fees for applying and there never will be!
Capital Bean can find you an online loan when you need to borrow money. You will receive an offer from a lender who can provide same day loans to address urgent or unexpected financial needs. Here are some common reasons people turn to online loans:
Yes, if you are looking to borrow money with bad credit scores, Capital Bean can help. We work with a number of partners who are happy to offer bad credit loans and will be willing to take a view provided that you have a regular income and are committed to repaying your loan on time.
Whilst a payday loan is typically used for people with poor credit, we may also recommend alternative products such as a credit union, title loan or secured loan.
It is important that your credit is getting better and not worse – if you are making amends and getting used to paying other credit and loans on time, you can certainly borrow the money you need. You should always seek professional help if you are having financial difficulty and should not use loans to help pay off other revolving debt.
Yes, if you are looking to borrow money today, we are able to offer instant loan approval and money can be funded within 15 minutes, 1 hour, same day or next business day.
With a completely online application, our lenders are often looking to process applications as quickly as possible. To speed things up, always make sure that you give accurate information such as your address, income and bank details – since this will move things along and avoid having to do additional checks.
And always make yourself available by email or phone, just in case the lender has follow up questions – and this can help approve and fund your loan as fast as we can!
| Loan Type | Features | Advantages | Disadvantages |
| Payday Loans | – Very short-term, typically due on next payday
– Small loan amounts – High interest rates and fees |
– Quick approval process
– No collateral required – Accessible to borrowers with poor credit |
– Can lead to cycle of debt if not repaid on time
– High APR (Annual Percentage Rate) – Limited loan amounts |
| Installment Loans | – Short-term, repaid in scheduled installments
– Larger loan amounts than payday loans – Fixed interest rates |
– Longer repayment terms
– Can be accessible to borrowers with fair credit – May have lower APR compared to payday loans |
– May require a credit check
– High APR compared to traditional loans |
| Title Loans | – Short-term, secured by vehicle title
– Borrowers use their vehicle as collateral |
– Larger loan amounts
– Quick approval process – No credit check required |
– Potential to lose the vehicle if not repaid
– High interest rates and fees – Limited to borrowers who own a vehicle |
| Line of Credit | – Flexible credit limit
– Borrowers can withdraw funds as needed – Interest only on borrowed amount |
– Revolving credit line
– May have lower APR than payday loans – Allows for ongoing access to funds |
– Requires good credit for favorable terms
– May have annual fees – Temptation to overspend |
| Cash Advances | – Short-term, often through credit cards
– Quick access to cash |
– Immediate availability
– No collateral required |
– Can be expensive due to high interest rates and fees
– Limited by credit card limit – High APR on cash advances – Potential for credit score impact |
Apply online, enter your details 24 hours a day, 7 days a week and get an instant decision on the screen.
Accept your loan offer and complete the loan agreement by electronically signing it using an email link and unique SMS code
Go through our final checks and once fully approved, receive funds transferred to your bank account in 1 hour, 24 hours or the next business day!
Building and maintaining an emergency savings fund is one of the best alternatives to borrowing money online. By regularly setting aside a portion of your income, you can create a financial safety net to cover unexpected expenses, such as medical bills or car repairs, without the need for loans.
Consider reaching out to family members or close friends for financial assistance in times of need. Be sure to establish clear repayment terms and keep the arrangement formal to avoid straining relationships. Read our guide on borrowing from family and friends for further advice.
Seek assistance from a reputable credit counseling agency. Credit counselors can help you create a budget, negotiate with creditors, and explore debt management strategies to improve your financial situation. They can provide guidance on managing debt without resorting to additional loans.
Clients can borrow $100, $500 or as much as $35,000 and this is repaid over 1 to 60 months. The total amount you can borrow will depend on various factors including your credit history, outstanding debts and monthly income. For smaller amounts of $300 or $600, the loan term may only last a few weeks or months, but with large loan amounts of $2,000 or $5,000, you may be required to repay installments over several months or years.
Using our online form you can apply in less than 5 minutes using your desktop, laptop, mobile or tablet. Once the form is complete you will receive an immediate decision on the screen with a proposed loan offer. Should you wish to proceed, you will be asked to complete some final details including the electronic signing of the loan agreement and undergo some final checks. Once confirmed, your loan can be funded within minutes, 1 hour or the next business day.
There will be no impact on your credit score when you apply for a loan with Capital Bean. One application will not impact your record but make sure that you don’t apply too regularly or make too many applications in a short space of time. This might look suspicious to other lenders because it could make you look desperate for money.
During the loan decision process, we will run a credit check for each customer, but don’t panic, this is a soft search and will disappear shortly after, so it won’t impact your credit history in any way. Some lenders are even able to consider no credit check loans.
Our loans are often funded on the same day of applying – and sometimes within 15 minutes or 1 hour of approval.
Smaller amounts such as $300 loans are usually a lot quicker to fund, especially if you have a stable employment and good or fair credit score. See fast cash loans for more information.
If you are looking to borrow larger amounts, this may undergo more checks by the lender to be sure – just to make sure that you can afford it without any financial difficulty. Also, with larger amounts, this may take a day or a few days just to be transferred successfully into your bank account.
The cost of your loan will range from 9.9% to 600% APR depending on factors such as your credit score, your income, affordability and the length of your loan.
For good credit customers who are connected to unsecured or personal loans, your rates are likely to be closer to 9.9% APR, but for customers with bad credit or payday loans, these could be closer to 300% to 600% APR because there is more risk for the lender, but also because the loan is just a few weeks, it is compounded to make the APR seem a lot higher.
To borrow money from Capital Bean, you must be over 18 years old, a US resident, be in steady employment and make at least $800 a month (some lenders may accept $500). You also need a social security number and live checking account for the money to be paid in to and to be collected from. Read our guide on whether you are eligible for a payday loan.
The minimum amount you can borrow through Capital Bean is around $100 and this will usually need to be paid back in full within 1 to 2 months. You can borrow a maximum of $35,000 and this is usually for people with good credit and a minimum income requirement – and this will likely be repaid in multiple installments.
Your loan repayments are processed automatically using a process known as ACH authorization. This allows for a smooth and automated repayment to be collected each month so that you do not have to make a manual payment, go to the bank or call up the lender directly – since this is all taken care of.
You will receive email and SMS reminders on the days leading up to each repayment, with the specific amounts owed too.
If you struggle to keep up with repayments, this could incur late fees and negatively impact your credit score. Always speak to your lender as soon as possible to discuss some flexible options.
Borrowing money, whether through online loans or other means, is a financial decision that should be made thoughtfully and with careful consideration of your current situation. While loans can provide temporary relief in emergencies, it’s essential to assess your options and financial health.
Before you decide to borrow money, take the time to evaluate your budget, explore alternatives, and compare offers from different lenders. Make sure that the loan terms align with your needs and repayment capacity.
Remember that responsible borrowing can help you navigate financial challenges, but it’s equally important to have a plan in place for repayment. Your financial stability and future goals should always be a priority when considering borrowing.
Payday Loans | Consumer Financial Protection Bureau
Consumer Advice | Federal Trade Commission
Capital Bean is a place you can trust for good money advice. We've helped many people with their money needs in the past. At Capital Bean, our main goal is to help you understand and grow your money. Whether you're curious about how to save, use credit cards, or get personal loans, we're here to guide you.
A Little About Capital Bean
Started in 2021, we've provided financial help to more than 275,000 people. If you're among the many Americans facing money challenges, Capital Bean's online loans might be the solution you need. Our online application is simple and hassle-free. No more standing in lines or dealing with tons of papers. Just apply from your home, and you could get the money on the same day* if everything goes right. Start with a trusted financial choice today.
Unexpected costs shouldn't mess up your budget. Try an online loan with Capital Bean today and see how we can help.
© 2024 Capital Bean. All Rights Reserved.
Contact Us
1-865-884-6510
info@capitalbean.com
7073 Cedarwood Drive, Los Angeles, CA 90006, United States
* Not every loan application gets approved. The decision and loan conditions depend on your credit check and local laws. If you get approval before 10:30 a.m. CT from Monday to Friday, you'll usually get the funds that same day. If it's after this time, expect the funds the following business day. If we need more information to check your application, and it's approved afterward, the funds will be given the next business day after we complete the checks.
† Regarding the Military Lending Act (MLA): Capital Bean doesn't provide loans to those covered by the MLA since all loans we make or organize surpass the MLA's 36% MAPR cap. We check with a national consumer reporting agency to see if someone is covered by the MLA. We also pose the mentioned question to double-check and fully adhere to MLA guidelines.
According to the MLA, a "servicemember" usually refers to someone who is a regular or reserve member of the Army, Navy, Marine Corps, Air Force, or Coast Guard. They should be on active duty under an order that isn't just for a short span of less than 30 days. On the other hand, a "dependent" typically means a servicemember's spouse, a child below 18 years old, or any person who received over half of their financial support from the servicemember in the recent 180 days.
To see if you fall under the MLA, you can make a one-time request on the official MLA website.
Loan Disumbersement - If your application is approved before 10:30 a.m. CT from Monday to Friday, you'll usually receive your funds on that day. If it's approved after that time, expect your funds the following work day. If we need more time to double-check your application details and it's eventually approved, you'll receive your loan the business day after we finish the additional checks.
High-Cost Disclosure: Loans from Capital Bean come with a high APR, making them unsuitable for long-term financial plans. Most of the time, these loans also come with an origination fee that you won't get back if you decide to pay off the loan early. Ensure the loan you pick fits your financial needs and repayment capability. Think about the loan's amount, duration, and the charges involved. If you opt for a loan with high interest, you can lower the overall charges by paying more than just the minimum due. If you pay late, it will cost you more, and you might get a late fee. If you're facing credit issues, consider seeking advice on managing your credit. For useful tools and info on understanding finances, trends in credit scores, and financial terms, check the Resources section on our website at www.capitalbean.com
