With Vouch loans you are more than a credit score, because you create a network of people who vouch for you. Vouch for people you trust and invite people to vouch for you. When people vouch for each other they can help each other get better loans. Even if you dont need a loan now, you can still build your network of people who trust you, so its ready if you need to borrow money.The money for my loan came from Vouch and Im saving hundreds thanks to the support of friends and family. - Jay W. Austin, TXHOW IT WORKS 1) Download Vouch. 2) Sign up and check your interest rate on a loan (this will not impact your credit score). 3) Vouch for people you trust and invite people to vouch for you. As more people vouch for you, Vouch can lend you money at lower rates. 4) Get a Vouch loan with a low rate and low monthly payment based on your network of people who trust you. 5) Pay it forward by vouching for others and help 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 obtain a loan with low monthly payments and save you money. GET OUT OF DEBT FASTERWith 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 SCOREGetting 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 YOURSELFA 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 BORROWERIf 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 VOUCHING WORKSPeople vouch for you by telling us they trust you. If they choose, they can also pledge a specific amount of money and agree to pay their pledge amount if you dont pay us. They only are required to pay us if you do not.VOUCH LOANS - 5% to 30% interest rates - lower your interest rate and pay less for your loan when people vouch for 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 reportEXAMPLE - Chelsea borrows $5000 with a 24 month term. - She gets 15 people to vouch for her and back up their vouches with a pledge to help her just in case she isnt able to pay back the loan. - Her interest rate goes down and she saves $12.50 per month on her loan. - She saves $300 over the life of her Vouch loan thanks to the people who vouched for her.
What's new in version 2.0
Tap to apply for a loan offer in the app. Improved experience of inviting people to vouch for you.
ReleaseApril 7, 2015
Date AddedApril 7, 2015
Additional RequirementsCompatible with iPhone 4. iTunes account required.