Welcome! We’re so glad you’re here.

The most widely used credit scores are FICO Scores. You can think of a FICO Score as a summary of your credit report. It measures how long you’ve had credit, how much credit you have, how much of your available credit is being used, and if you’ve paid on time. 

FICO Scores:

• Are based solely on information in consumer credit reports maintained at the consumer reporting agencies.
• Are available to lenders from all three major US consumer reporting agencies (Experian, Equifax, and TransUnion).
• Have a 300–850 score range—the higher the score, the lower the risk.

• Payment history—approximately 35%

Have you paid your credit accounts on time? Late payments, collections and other negative items can hurt your FICO Score, while a solid record of on-time payments helps your score.

• How much you owe—approximately 30%

FICO Scores look at the amounts you owe on all your accounts, the number of accounts with balances and how much of your available credit you are using.

• Length of credit history—approximately 15%

A longer credit history will generally increase your score. However, you can get a good score with a short credit history if the rest of your credit report shows responsible credit management.

• New credit—approximately 10% 

If you have recently applied for or opened new credit accounts, your credit score will weigh this fact against the rest of your credit history. Seeking or opening multiple accounts in a short period of time can be considered more risky and have a negative impact on your score

• Other factors—approximately 10%

Score Several minor factors also can influence your score. For example, having a mix of credit types on your credit report—credit cards, installment loans and personal lines of credit—can add slightly to your score

You must be a U.S. citizen, permanent resident, or visa holder and 18 years old or older. Our loans are currently available only to borrowers living in California.

• You must have a FICO Credit Score above 625 to prequalify to be eligible to apply for a loan.
  • IMPORTANT: If you do not know your FICO Credit Score, you should obtain a free credit report from AnnualCreditReport.com before applying. This is the only website the federal government authorizes to issue free annual credit reports.
• Your credit report must show no accounts in open collections.
• Your credit report must show no defaults on personal loans or credit cards in the last four years and no repossession, bankruptcy, or foreclosure in the previous seven years.
• You must be employed or self-employed and have documentation of monthly income.

We only perform a soft credit inquiry when you complete the pre-qualification form. This won’t impact your credit score. Soft credit inquiries do not appear on your credit report and do not affect your credit score. We may perform a hard credit inquiry only after you accept a loan offer.

We offer loans ranging from $2,500 – $40,000.

The funds from our loans are commonly used for debt consolidation, credit card consolidation, credit building, emergency or unexpected expenses, moving costs, home repairs or improvements, and medical or dental expenses.

Applicants typically need to have a FICO Credit Score above 625. If you don’t know your FICO Credit Score, please first obtain a free credit report at AnnualCreditReport.com. This is the only website authorized by the federal government to issue free annual credit reports.

You pay no fees. There are no application fees, no origination fees, no servicing fees, and no prepayment fees. There are no hidden fees!

We provide low, fixed interest rates based on various factors, including an applicant’s employment and payment history, income, and credit report. The fixed interest rates are as low as 9.9%.

We offer flexible loan terms ranging from 3 – 6 years for monthly payments that fit your budget with an affordable repayment option.

Loan funds are transferred by ACH and deposited on the next business day if the loan agreement is completed before 5 p.m. PT Monday through Friday, excluding holidays. If the loan agreement is completed after 5 p.m. PT, on a weekend, or on a holiday, the funds will be transferred on the following business day.

Our prequalification decisions are provided immediately, and full applications are typically approved the same business day.

Our loan application process is quick and easy. You can prequalify in less than a minute and complete the online application form in just a few minutes. During the application process, you may need to upload documents to provide proof of income (such as recent paychecks) and bank account information.

There are no prepayment penalties or payoff fees. You can always pay your loan off early with no fees.

APR shows the total cost of a loan by including the interest rate and all fees. APR represents an accurate cost of borrowing and can be used to compare annual loan costs across different loan options. Since the Economic Justice Fund charges no fees, the APR will always match your low interest rate on the loan.