To be eligible for a SETAP loan, you must be at least 18 years old, have a valid government-issued ID, proof of income, and a minimum credit score of 600. Requirements may vary slightly depending on the loan type and amount. Our online application will guide you through the specific requirements for your situation.

Our online application takes about 10-15 minutes to complete. Once submitted, most applicants receive a decision within 24 hours. If approved, funds are typically deposited into your account within 1-3 business days, depending on your bank's processing times.

Typically, you'll need to provide:

• Government-issued photo ID (driver's license, passport, etc.)
• Proof of income (recent pay stubs, tax returns, or bank statements)
• Proof of residence (utility bill, lease agreement, etc.)
• Social Security Number (for credit check)

Yes! SETAP encourages early repayment and does not charge prepayment penalties on any of our loan products. Paying off your loan early can save you money on interest. You can make additional payments at any time through your online account or by contacting our customer service team.

Your interest rate is determined based on several factors including your credit score, income, debt-to-income ratio, loan amount, and loan term. SETAP uses advanced risk-based pricing models to offer you the most competitive rate possible for your financial profile. Generally, borrowers with higher credit scores and lower debt ratios qualify for our lowest rates.