Vouch - Loans based on trust

With Vouch, you create a private network of people who trust you. Sponsor people you trust and invite people to sponsor you. When people sponsor each other they help each other get better loans. Even if you don’t need a loan now, you can still build your network of people who trust you, so it’s ready if you need to borrow money.

“The money for my loan came from Vouch and I’m saving hundreds thanks to the support of friends and family.” - Jay W. Austin, TX

Featured in: The New York Times, The Wall Street Journal and Forbes

HOW IT WORKS
1) Download Vouch

2) Sign up and check your interest rate on a loan (this will not impact your credit score).

3) Sponsor people you trust and invite people to sponsor you. As more people sponsor you, Vouch can offer you a larger loan, lower your interest rate or both.

4) Get a Vouch loan with a low rate and low monthly payment based on your network of people who sponsor you.

5) Pay it forward by sponsoring others and helping them get great loans.

The money for your loan comes from Vouch in partnership with Cross River Bank, an FDIC insured, New Jersey commercial bank. The trust of family and friends can help you get a loan with low monthly payments that save you money.

GET OUT OF DEBT FASTER
With a Vouch personal loan you can get a lower interest rate, lower your monthly payment and pay less in total interest, so you can get out of debt faster.

IMPROVE YOUR CREDIT REPORT AND CREDIT SCORE
Getting a loan and paying it back is a great way to improve your credit score. Vouch makes fair loans you can afford to pay back fast, which helps improve your credit score and credit report.

INVEST IN YOURSELF
A Vouch personal loan can be used for anything you need to propel yourself forward. Take a class and become a student. Make a significant purchase. Cover a big life event - engagement, wedding, moving, security deposit, or other meaningful events in your life.

BE A SMART BORROWER
If you need to borrow money, make sure you get the lowest rate, lowest cost loan you can. Vouch helps you avoid high interest rate, payday loans and high cost transactions like cash advances. With Vouch you can create a network of people who trust you and their trust can help you get a lower cost loan.

HOW VOUCH WORKS
People sponsor you by telling us they trust you. They choose an amount of money and agree to pay their sponsorship amount if you do not pay us back. They only pay Vouch if you do not. Sponsorships can help you get a larger loan, lower your interest rate or both.

HOW DO SPONSORSHIPS HELP?
If you get a loan offer for $500-$1500 you can increase your loan offer amount by $250 for every qualified sponsorship up to three qualified sponsorships. For example, you could turn a $1000 loan offer into at $1750 loan offer with three qualified sponsorships.

If you get a loan offer for $2000 or more you can decrease your interest rate by 1% for every qualified sponsorship up to five qualified sponsorships. For example, you could lower your rate from 20.99% to 15.99% with 5 qualified sponsorships and save hundreds of dollars over the life of your loan.

A qualified sponsorship is for $100 and comes from a person who is at least 18 years old, a legal U.S. resident, must have a FICO score of 580 or greater, and must be current on all existing accounts and not in a bankruptcy or foreclosure proceeding, in addition to other credit criteria.

VOUCH LOANS
- 7.35% to 29.99% annual percentage rate (APR). Lower your interest rate and pay less for your loan when people sponsor you.

- Installment loans with fixed monthly payments

- No application fee

- No annual fee

- Checking your rate for a loan does not impact your credit score or credit report

- With Vouch you are more than a FICO score