Company Information

Get to know Possible

Possible Financial Inc. is a financial technology company founded in 2017 with a mission to advance financial fairness for underserved communities. The company offers an alternative to traditional payday loans by providing short-term installment loans (up to $500) and a credit card product through a mobile app. It uses a proprietary algorithm that considers factors beyond a standard FICO score, allowing it to serve customers with poor or no credit history. Possible reports payments to major credit bureaus (TransUnion and Experian) to help customers build a positive credit history. The loans are issued by Coastal Community Bank, Member FDIC.

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Possible

United States

Founded in

2017 (9 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(327 reviews)

United States

2008

(18 years)

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.