Current members whose loans are in good standing can apply to refinance their loan after making two on-time consecutive payments. You would submit a new application for the amount you’d like to refinance.
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.
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.
As soon as we receive your requested verification documents, the process begins and takes 1-2 business days.
You will receive a detailed email that specifically outlines which documents you need to upload for verification. Documents may include match letters, employment contracts, pay stubs, and/or taxes. You can always email our team at [email protected] if you have any questions.
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.