What are Chime Instant Loans?

Chime Instant Loans allow you to easily access funds to pay for an important expense. Once you have accepted the loan offer, cash is available in your Chime Banking Account. You can use your app to view your balance, and then set up automated payments to pay off your loan.
How can I get a loan?

The loan program is currently accessible to those who meet the eligibility criteria. If you've been approved for an loan, you'll receive a push notification. If you've recently paid off a loan, you will be notified that you're eligible for another.

These are the things that you need to meet in order in order to be eligible to get the loan.

A Chime account that is in good standing
Regular deposits to your Chime Checking Account
Chime does not have any outstanding Payday Loans That Accept Chime (daewooespero.ru)

How much can I borrow?

Chime Instant Loans start at $100 and may be higher depending on the eligibility requirements.
I am eligible to receive more than the amount I have borrowed. What can I do to boost my loan?

It is not possible to increase the amount of a loan you've already taken out and are paying back even if you're eligible for a larger loan. The first step is to pay off the loan you have already taken out. Chime will notify you when a loan approval is granted.
What is the rate of interest on loans?

Yes. The total interest amount on the loan of $100 is $5*. If you borrow more then your interest will be higher. If you repay your loan early, you'll actually pay less interest! Furthermore, you won't be charged any fees to apply, or for late or early payments.
What is the process for loan payments?

Repayment of loans is possible in three (3) monthly installments. You are able to repay your loan through autopay through the settings of your app. Your payments will be automatically deducted from your Chime Checking Account, and we'll inform you prior to every transaction is completed. You can also make payments by hand through your app If you prefer not to utilize autopay.

If your autopay option has been enabled, you can still pay additional installments to your loan and even pay it off earlier. This will help you save money on interest.
What happens if I fail to pay?

We won't charge you any additional fees or charges if you miss the payment. SpotMe limits won't be increased if your account aren't running smoothly.
I paid the loan. Is it possible to get another loan?

Once you've completed your repayment on your loan an offer for a loan will no longer be offered. After you've been approved for another loan you will be notified via message via push. You may also receive a message through your app.