How to apply for a loan with Happy Money
Happy Money’s application process is straightforward and should only take a few minutes to complete. Before you apply, confirm you meet the eligibility requirements:
- At least 18 years old.
- Social Security number.
- Valid checking account.
- Minimum FICO credit score of 640.
- No current delinquencies.
Next, use the online tool to check your rate. Enter basic information, including your name, date of birth, address, phone number and annual income. You’ll also be asked how much your monthly housing costs are, if any.
Happy Money will conduct a soft credit check, which won’t impact your credit rating. Then it’ll tell you how much it suggests you borrow to pay off your credit card debt. If you potentially qualify for a loan, you can sort through loan offers by monthly payment amounts or by APR.
If you select one of the displayed offers, Happy Money will direct you to a more detailed application, where you’ll have to provide your employment information, Social Security number and bank account information. You’ll also have to upload the following documents:
- A copy of your driver’s license, state-issued ID or passport.
- Two recent pay stubs or your most recent tax return if self-employed.
- A recent bank statement or login credentials for online banking.
>Before finalizing your loan, Happy Money, like all lenders, will do a hard credit check, which can temporarily lower your credit score. If approved, the loan proceeds will be sent electronically to your bank account.