As a Financial Institution we are legally required to verify an applicant’s identity. We use third party tools to help us meet this requirement.
As soon as we receive your requested verification documents, the process begins and takes 1-2 business days.
There is a 0-2% origination fee. The fee is deducted from the requested loan amount. The lowest rate is reserved for the most creditworthy borrowers.
Doc2Doc does not work with partners or brokers that charge additional fees outside our origination fee.
No, Doc2Doc underwrites just the applicant.
We disburse funds into a personal savings or checking account. We do not disburse funds into business accounts. The funds will be disbursed via ACH.
Yes, current members whose loans are in good standing may qualify to borrow additional funds after making two on-time consecutive payments. The combined loan amounts cannot exceed the maximum personal loan amount.