2025 Impact Report ▪︎ Possible Finance

Welcome letter

A note from our CEO on our Possible mission, what we heard from customers this year, and how shared progress shaped our impact in 2025.

Progress in numbers

Key data showing how customers saved money, gained flexibility, and improved financial health—plus, how much they saved on penalty fees we don't charge.

Money Magic

Stories from our Orlando community and our partnership with the Magic, combining customer voices with measurable moments of connection and participation.

Relief on demand

In life's toughest moments, financial relief is Possible. Here's the breakdown of Relief Plan usage, financial hardship trends, and data on how our customers bounced back.

Expanding what’s Possible

A look at new state launches, product expansion, app growth, and how Possible reached more people in 2025.

Possible, together.

Welcome letter

How we got this number

Before we built anything at Possible, I spent hours outside payday loan shops speaking to folks about what it’s like to walk through those doors with no better option. Those conversations shaped how we structured the Possible Loan: no lump-sum repayment, no late fees, no penalty fees. Just access to cash in a time of immediate need, and enough repayment flexibility to get you back on your feet. Plus, it builds credit history. Benefits like these are why our customers have saved over $650 million in fees since our inception.

Since the early days, our focus hasn’t changed. The voices in our community continue to remind us that nobody gets through financial strain alone. The right tools and support, offered at the right time, can change everything. In 2025, that idea showed up in almost every part of our work, and it’s the heart of this year’s impact.

This past year, we brought the Possible Loan to more states. We expanded our Relief Plan. We introduced the Possible Advance so people could access cash when they needed it. Hundreds of folks from our community participated in “Extra Credit”, our award-winning financial literacy series with expert advice from our Chief Credit Officer, Ellen Falbo. Plus: we became official partners of the Orlando Magic, doubling down on our commitment to expand our reach and make financial health possible for everyone.

In Orlando, we caught up with our community of customers (and Magic fans!). We met Kiasha, and heard her story about what happened when rising housing costs displaced her family despite working full-time at a bank. She explained why it’s so hard to catch back up after a financial setback—and how flexibility can change everything when it comes to long term financial stability:

“Living paycheck to paycheck, you can be one missed check or one circumstance away from being displaced. I never thought I would be in that situation. I was working at a bank at the time. It was almost impossible to get out of that hole because there was constantly so much money going out, it was impossible to save. So, I'm grateful for programs like Possible. I haven't had any other financial app be as flexible as Possible. That flexibility actually puts the control back in my hands.”

“I haven't had any other financial app be as flexible as Possible. That flexibility actually puts the control back in my hands.”

Kiasha, Medical Triage
Member Since 2022
Watch Kiasha’s story

Progress in numbers

A year of impact

We don’t charge the rollovers and penalty fees that are common in consumer lending. It’s because we listened to customers—and those fees don’t help you move forward. So we put the dollars back in your pocket.

In 2025, you saved over $100 million

by choosing Possible, because we never charge insufficient funds fees, renewal fees, late fees, penalty fees or failed payment fees.

That’s over $650 million in savings since our inception.

The impact of a Possible Loan on your finances

Over 1.0 million Possible Loans were funded in 2025.

In 2025, members took 1 weeks on average to pay off their Possible Loan.

Fact: the typical payday loan is paid off in full on your next payday, about 2 to 4 weeks away. We’re proud to offer a lot more time.

1.0 million payments were moved in 2025—with no rescheduling fees, ever.

We offer payment flexibility up to 29 days out from your original payment date—and there’s no rescheduling fee.

Better with every loan

On average, members with no failed payments who returned to Possible for additional loans in 2025 saw their loan offers increase by 11%.

Possible payments count toward building credit history

Our members made 1+ million payments in 2025, and each one helped them build credit history—because unlike other lenders, we do report to credit bureaus.

Money in minutes, to spend on whatever you need

The median amount of time it took for Possible members to receive their funds was within just 1 seconds of accepting their loan offer.

How first-time Possible customers used their Loans in 2025

Financial relief

If you have a Possible Loan, you’re covered with our Relief Plan. That means you get extra flexibility if you’re facing financial hardship. If it’s an emergency and you need more time to make your loan payments, enrolling in the Relief Plan means an extension that doesn’t impact your credit—on top of our 29-day fee-free rescheduling. It’s free to enroll, and it covers a range of unexpected situations.

Here’s the breakdown on why folks enrolled in 2025

Medical expenses are a key driver of financial instability for our community.

With 63.9% of all Relief Plan activations tied to medical needs, the data makes one thing clear: health-related expenses can be one of the biggest disruptor of household budgets. This reinforces what we hear directly from customers—copays, sudden ER visits, specialist bills, and gaps in insurance coverage often arrive without warning. Our Relief Plan was built to meaningfully reduce financial burdens in these moments, allowing members to prioritize their health without falling behind on their loan payments.

Those who enroll in the Relief Plan for medical care reasons may have a harder time bouncing back.

The Relief Plan supports financial recovery.

A majority of customers who utilize the Relief Plan come back to Possible for another loan—and according to our November 2025 analysis, 97% of those subsequent loans don’t charge off. That means for our community, getting back on your feet is Possible even after financial adversity. When you need more time, you can count on Possible.

Late payments are a money grab for predatory lenders. We do things differently.

Late fees are a billion dollar industry. As a Public Benefit Corporation, we structured our business so that when you succeed, we do too. That means offering benefits like the Relief Plan. In the long term, it’s better for everyone.

Possible launched in 19 new states this year

Top 5 states

We’ve funded over $1.00 billion in loans since our inception

We’re proud to have served over 1.0 million customers since founding Possible