15M Finance isn't handing out loans or recommending specific places to borrow money. We provide only general information about loans available on the US lending market. We operate only in states where payday loans are allowed, and you don't have to accept any offers. It's on you to follow the rules if you do sign for a loan. Submitting an application doesn't mean you'll for sure get money. Lenders might check your credit through the various bureaus. Payday loans work differently from state to state. You are advised to know what's allowed in your state. Check the full Legal Disclaimer.
Need Money Now? Apply with 15M Finance
Explore Your Loan Options
Payday Loans
Payday loans provide fast assistance for your short-term needs. Borrow between $100 and $1,000 to cover minor emergencies and repay the funds when your next paycheck arrives. Your credit score does not affect your approval chances.
Installment Loans
Installment Loans provide convenient amounts of up to $5,000 with more time to repay. Fixed monthly installments over 2 to 24 months ensure you can repay money comfortably without overburdening your budget.
All Loans
Explore our loan options tailored to various life events and credit profiles. With our wide range of financial products, you can easily find the one that will meet your current situation.
Trusted by Thousands of Customers
Got approved in under 48 hours with minimal hassle
Happy with both the service and the final terms
super friendly staff who actually seem to enjoy helping people
How Can I Get a Loan via 15M Finance?
Apply online
You need just some basic personal information and 5 minutes to complete the application procedure.
Stay in touch
After we get your form, a soft credit check will be performed to determine your creditworthiness. The decision is usually sent almost immediately via email.
Assess an offer
If you get approved, read the terms of your loan agreement carefully and accept an offer by signing it electronically.
Receive the funds
Once you sign the loan contract, the money will be deposited into your bank account within 24 business hours.
Am I Eligible?
Here are some general criteria you need to meet to qualify with 15M Finance:
- Age: at least 18 years old;
- Citizenship: permanent US residents only;
- Identification: valid government-issued ID and SSN;
- Income: official employment or other sources of regular, verifiable income;
- Financial information: active bank account and routing numbers;
- Personal details: name, email, mobile phone number, address, etc.
Types of Loans We Offer
Payday Loans
Need to bridge the gap until your next paycheck? Our payday loans offer a fast and simple solution of up to $1,000 to cover unexpected daily expenses. Apply online in minutes and secure the short-term funds you need to keep things running smoothly until payday arrives.
Installment Loans
Our installment loans let you borrow up to $5,000 and pay it back over time. Enjoy fixed, predictable monthly payments, making it easy to manage your budget comfortably without any extra stress.
Bad Credit Loans
We strive to make borrowing simple for people with less-than-perfect scores. Our bad credit loans provide quick financing of up to $10,000 without relying on your FICO rating. No hard credit check is involved in the underwriting process, leaving your credit unaffected.
Emergency Loans
If you need money right now, our emergency loans can get you covered. Apply before the cut-off time and receive the funds in your bank account as soon as the same business day.
Cash Loans
Looking for a more conventional way of getting extra financing? Visit one of our stores and get a cash loan immediately after approval against a post-dated check.
Loans Near Me
If you borrow for the first time, have a unique situation, or need guidance during the process, our friendly staff is always here to provide personalized support. Find a 15M Finance location near you to plan your visit.
Will Requesting a Loan Affect Your Credit Score?
No, requesting and obtaining an emergency loan with us will not affect your credit score. Our loan process only involves a soft credit check that does not show on your credit report. By doing this, we assess your financial situation, banking details, and payment history to ensure you can repay the loan on time.
However, late or missed payments can affect your credit. Your account may be sold to collection agencies, and the information about your unpaid debt might be sent to the three credit bureaus, lowering your FICO rating.
About 15M Finance
Headquartered in Austin, Texas, 15M Finance helps Americans with bad credit quickly access emergency, payday, and installment loans.
Company Details
| Foundation year: | 2020 |
| Headquarters: | Austin, Texas |
| Service area: | The company offers its services nationwide via an online platform and has 16 physical locations across Texas, Ohio, California, Missouri, and Wisconsin. |
| Ownership: | 15M Finance is a Black-owned and women-owned business. |
| Environment: | The company is LGBTQ+ friendly and is considered a transgender safe space. |
| Operating peculiarities: | 15M Finance acts as a middleman that connects borrowers with a network of third-party lenders offering emergency, installment, and payday loans. The company specializes in helping people with bad credit scores. |
Customer Reviews
Most customers mention the following positive features:
- Fast application process.
- Ability to receive funds quickly for emergencies like car repairs or medical bills.
Frequently Asked Questions
Is 15M Finance legit?
15M Finance is a legitimate loan company that is registered as a Credit Service Organization (CSO) in Texas. We are licensed in all states we operate in and maintain 16 physical locations across the country so that you can visit our representatives in person. Since 2020, we have helped more than 500,000 Americans find the right financial solutions.
Do you charge fees for your work?
15M Finance does not charge users any application fees. You only pay interest and associated fees (if applicable) specified in your loan agreement with a particular direct lender.
What are the risks of payday loans?
Payday loans tend to be more expensive than traditional loan options due to the high risk associated with lending money to people with bad credit. This, along with short repayment terms, makes payday loans difficult to repay if a borrower already experiences financial challenges. As a result, it becomes easier to get trapped in a cycle of debt if the loan is managed irresponsibly.
How do you protect my personal information?
We protect your data with modern encryption protocols and only share the information in accordance with our Privacy Policy. Please note that sharing your information can result in marketing calls, emails, and SMS from various financial service providers.
Do you guarantee approval?
Legitimate lenders can not guarantee approval before evaluating your application details and overall eligibility. Therefore, our third-party service providers perform a soft credit check before making the final decision. 15M Finance is not responsible for any decisions made by direct lenders.
How much can I borrow with 15M Finance?
Depending on the loan type, your state, and your income, you can borrow from $100 to $5,000. Payday loans typically offer amounts between $100 and $1,000, while installment loans allow you to borrow up to $5,000.
When will my loan be due?
Payday loans need to be repaid all at once after you receive your next paycheck, usually in 14 to 31 days. Installment loans are repaid in fixed monthly payments over 2 to 24 months. The due date is determined by a particular loan agreement, so check the details before signing.
What loan options do you offer?
15M Finance offers emergency loans, installment loans, and payday loans to borrowers with any credit scores.
How much will my loan cost?
An interest rate is subject to approval depending on your state, credit, and the loan type. Payday loan lenders usually charge from $10 to $30 for each $100 advance, which often translates to an APR of over 400%. Installment loan APRs start at 16% but can be higher for borrowers with bad credit.