Xact Loan®
Borrow up to $5,000, get fast next-business-day funding, and build credit with on-time payments. Competitive terms and simple, online application process for everyday needs.
Xact Loan® provides access to installment loans of up to $5,000, making it a practical choice for those looking to consolidate debt or cover urgent expenses. Although specific interest rates and term lengths depend on your credit and state of residence, Xact typically offers more adaptable terms compared to traditional payday loans. The loan is funded by Capital Community Bank (CCBank), a member FDIC institution, and is available in several US states.
How to Apply For a Xact Loan®
- Complete an online application, which is designed to be quick and user-friendly.
- Receive a fast decision—often within minutes of submitting your information.
- If approved, eSign your documents to finalize the process.
- Get your funds as soon as the next business day, deposited directly into your checking account.
Pros of the Xact Loan®
One major advantage is the speed—from application to funding, Xact Loan® can have money in your account by the next business day if approved. This is ideal for emergencies.
The loan offers larger amounts and longer terms than typical payday loans. Timely payments can even help you build your credit, which is a positive for those looking to improve their financial profile.
Cons of the Xact Loan®
Not everyone will qualify for the full $5,000, as approval and terms depend on credit and income criteria. Actual rates aren’t provided upfront, making it difficult to compare with other options before applying.
Additionally, loans may not be available in all states, so you should check eligibility in your location before applying.
Our Verdict
Xact Loan® stands out for its speed, flexibility, and user-friendly online experience. If you need funds quickly and appreciate the possibility of boosting your credit, Xact could be a good choice. However, always review your loan agreement for full costs and terms before committing.
