How GridMoney works, step by step
One request, matched with lenders that serve your state, and a real offer you can review before anything is final. Here's what happens at each step and what you'll need.
GridMoney works in four steps: send one request in about five minutes, get matched with lenders that serve your state, review the APR and payments on the lender's site, and if you accept, get funds as soon as the next business day. There's no obligation and no fee.
The four steps
- 1
Send one request
Pick an amount from $200 to $5,000 and share your contact, income and bank details on one short form.
About 5 minutes - 2
We match your request
GridMoney shares it with lenders in our network that serve your state and amount.
Usually minutes - 3
Review a real offer
On the lender's site you see the APR, every payment and the total cost. Decline at no cost.
At your pace - 4
Sign and get funded
If you accept, the lender deposits funds to your checking account and sets your payment dates.
As soon as next business day
What you need
ID and SSN or ITIN
To verify who you are.
Income details
Employer or benefit source and pay schedule.
Checking account
Routing and account numbers, in your name.
Email and phone
For documents and updates.
Age 18 or older (19 in AL and NE, 21 in MS) and living in a state our lenders serve. Check your state.
Who does what
Send one free request and choose whether to accept.
Matches you with lenders. Never lends, never charges you.
Decides, sets your terms, funds and services the loan.
What your offer must show
The Truth in Lending Act requires these figures in writing before you sign:
- Annual percentage rate, the yearly cost including most fees.
- Finance charge, the total dollar cost.
- Amount financed, the credit you actually receive.
- Total of payments, everything you'll repay on schedule.
An example timeline
| Time | What happens |
|---|---|
| Monday 9:00 AM | You send a request for $1,200 |
| Monday 9:04 AM | A lender that serves your state reviews it |
| Monday 9:15 AM | You review the APR and 12 payments on the lender's site |
| Monday 9:30 AM | You e-sign the agreement |
| Tuesday | Funds arrive in your checking account |
| About a month later | Your first monthly payment is collected |
Illustrative. Timing varies by lender, bank and when you sign.
Your information along the way
- Encrypted when you send it.
- Shared with purpose, only with lenders and providers that may serve you.
- Never paid for by you. We'll never ask for fees or gift cards.
- Your choice: opt out of sale or sharing anytime from our footer.
If you're not matched
- No network lender serves your state right now.
- Income or bank history doesn't meet minimums yet.
- The amount requested is more than your income supports.
- Details didn't match, such as name, address or bank numbers.
Try a smaller amount, ask your biller for a payment plan, or check a credit union payday alternative loan. See lower-cost options.
Common questions
Do I have to accept an offer?
No. Requesting is free and you can decline any offer at no cost. Nothing is final until you e-sign an agreement with a lender.
Why am I sent to another website?
The lender makes the loan, so you review and sign on the lender's secure site, where you'll see the APR, payment schedule and total cost.
What if no lender can help?
It happens if no lender serves your state or amount, or your income doesn't meet their criteria. Try a smaller amount later or check options like credit union PALs.
Will the lender check my credit?
They may. A soft inquiry doesn't affect your score; a hard inquiry can lower it slightly for a limited time.
Ready to see your options?
Request $200 to $5,000 in about five minutes and repay it month by month.