OlloCard works in five steps: choose your amount, submit one request, compare the offers returned to you, finish with your chosen lender, and receive funds, often as fast as the next business day. Comparing is free and does not affect your credit at the first step.
Getting a personal loan through OlloCard is meant to be quick and clear. Here is exactly what happens from the moment you start to the moment funds arrive, so there are no surprises along the way.
Step 1: Choose your amount and term
Decide how much you need, from $500 to $5,000, and a term that fits your budget. If you are unsure what payment you can afford, the calculator estimates it in seconds. Borrowing only what you need keeps the cost down.
Step 2: Submit one secure request
Complete a single short request with your basic details. This one form is shared with lending partners in the OlloCard network, so you do not fill out separate applications. Comparing options at this stage does not affect your credit score.
Step 3: Compare the offers you receive
Lenders return the offers you qualify for, and you compare them by APR, term, monthly payment, and any fees. There is no obligation to accept, and comparing is free. Our rates guide helps you judge whether an offer is competitive.
Step 4: Finish with your chosen lender
When an offer fits, you complete the agreement directly with that lender. The lender may verify your details and run a hard credit inquiry at this point. Read the full agreement, including any origination fee, before you sign.
Step 5: Receive your funds
After you accept and the lender finalizes, funds are deposited to your checking account, often as fast as the next business day.* From there you repay in fixed installments, ideally on autopay so a due date never slips.
Ready to start?
That is the whole process: one request, multiple offers, your choice. Confirm the requirements, then begin your request. For an overview of loan types, see personal loans, and for definitions, the glossary.