What if I need to pay late?

Life doesn’t always line up with due dates. That’s why every Possible Loan includes flexibility: you can move your payments up to 29 days later than the original due date—directly in the app, with no rescheduling fees.

But if you need even more time, it’s important to understand how that works. Our team can help adjust your payment dates or create a custom plan, and you’ll never be charged late fees. However, payments made more than 29 days after the original due date are reported as late to the credit bureaus, since we’re required to follow the Fair Credit Reporting Act. The best step you can take is to act early—reschedule in the app, reach out to us, or ask about our Relief Plan if you’ve experienced a qualifying emergency. Possible is here to support you with options and flexibility.

More in this series

• Full-Court Finance: The Credit Tip That Changes Everything
  At Full-Court Finance, Kiasha learned something that reframed how she thinks about credit card utilization entirely. CCO Ellen Falbo broke down why paying your balance to zero every month matters more than staying under 30% utilization—and how it could put more money back into your pocket. Watch Video

• Stuff said it best: Possible has your back
  Orlando Magic's Stuff the Dragon knows a thing or two about showing up when it counts. The Possible Loan works the same way—up to $500^, fast*, with flexible repayment and no late fees. Unexpected expenses meet their match. Watch Video

• How is Possible different from a payday lender?
  Unlike payday loans, Possible Loan was built help us succeed when you do. We never charge late fees, penalty fees or rescheduling fees. Plus, there’s more about what makes us different. Watch Video

• How quickly can I get a Possible Loan?
  Most Possible Loan customers see money hit their debit card in minutes—because life can’t wait. For a small number of customers who choose ACH transfer, it may take about 5 business days. Watch Video

• Do Possible Loans Build Credit History?
  On-time payments on your Possible Loan become part of your credit history—but a better score isn’t guaranteed. Here’s how Possible reports to bureaus and what it means for you. Watch Video

• How to Apply for a Possible Loan
  Ready to apply for a Possible Loan? Here’s how it works, from linking your bank to verifying your info. Plus, a few tips to improve your chances of approval. Watch Video

• How can I increase my Possible Loan amount?
  Want to boost your odds—or your loan amount? Learn what you can do to increase your chances of getting approved for a Possible Loan. No FICO score required. Watch Video

• How to make a payment in the Possible app
  Learn how to make a payment in the Possible app—whether you want to pay early, switch methods, or use a debit card or bank account. Watch Video

All products are subject to eligibility and approval by Possible Financial Inc. dba “Possible Finance” and “Possible” or its banking partner Coastal Community Bank. Eligibility for a product is not guaranteed.

For Loans, Possible Finance has direct lending licenses in AK, CA, HI, ID, UT and WA. Idaho Residents: License #RRL-10073; Louisiana Residents: License #1697898; Nevada License #CDTH11200; Ohio Residents: License #ST.760161.000; Washington License #530-CC/SL-111888. California Residents: Possible Finance is licensed by the Department of Financial Protection and Innovation, pursuant to the California Deferred Deposit Transaction Law, License #10DBO-105848.

Loans in AL, AR, AZ, DE, FL, IA, IN, KS, KY, LA, MI, MO, MS, MT, NC, NE, NH, NV, OH, OK, OR, RI, SC, TN, TX, VA, VT, and WY are made by Coastal Community Bank, and serviced by Possible Finance.