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Plain Green Loans Review: Everything You Need To Know

If you are looking at taking out a payday loan from Plain Green Loans anytime soon, then, this one’s for you. This Plain Green Loans review will not just provide you with our thoughts about the lending company, but also essential information every borrower must know.

Plain Green Loans Review

In a report by Forbes online, it says that there are as many as 12 million American people who take a payday loan every year.

Furthermore, according to a study conducted by Pew Charitable Trusts, which was also published at Forbes, payday loan borrowers usually earn an average of $30,000 per year, and that 58% of them have difficulty meeting basic monthly expenses like rent and utility bills.

In addition, it was also mentioned in the report that according to the Consumer Financial Protection Bureau, normally, a two-week payday loan carries a fee of $10 to $30 for every $100 borrowed (the rates may vary depending on state regulations).


While it has a relatively low fee, unfortunately, borrowers usually are not able to repay the loan after two weeks. For states that allow it, payday loans are usually rolled over with a new charge to go with it.

Now, a payday loan is inevitable especially when a person is stuck in an emergency situation, and he or she is financially incapable or the funds are just not enough to cover the unexpected cost.

By the way, just to refresh your memory, payday loans refer to a type of small, short-term unsecured loan that usually comes with high-interest rates. Normally, a payday’s loan principal is a portion of a borrower’s next paycheck. Payday loans are also known as cash advance loans or check advance loans.

There are a lot of lenders out there that offer payday loans. One of them is Plain Green, which is the primary focus of this review.

As mentioned, we are going to look into what Plain Green is all about, what it offers, and then, provide you with our thoughts and recommendations whether it is worth getting a payday loan from or now.

For your reference, we are going to specifically talk about the following:

  • Who is Plain Green?
  • What are the different loan options available at Plain Green?
  • What do you need to know about Plain Green loans?
  • Who qualifies for a loan at Plain Green?
  • How to apply for a loan at Plain Green?
  • What are the pros and cons of Plain Green Loans?


Quality, stability, and integrity — these are the core values that Plain Green, LLC live by on their day-to-day operations.

Founded in 2011, the lending company has already funded more than $1 billion in loans, helping more than 1 million customers across the United States.

Plain Green, LLC refers to “a premier online resource that helps people meet their emergency and cash-flow needs quickly and easily online with bi-weekly and monthly installment loans.”

Moreover, the company focuses on its mission to “provide consumers with a simple, safe solution when they need cash the most. Our customers appreciate the easy, flexible access to loans.”

Plain Green is a subsidiary of Atoske Holding Company, and is wholly owned by the Chippewa Cree Tribe of the Rocky Boy’s Indian Reservation, Montana, which is “a federally recognized sovereign nation located within the United States of America.”

Plain Green offers a variety of loan options particularly to those with poor credit who need funds quickly.

Although not a traditional payday lender, Plain Green operates like one and charges borrowers with interest rates that could go as high as 300%. They provide first-time borrowers with loans of up to $1,000, while repeat customers can borrow as much as $3,000.

Unfortunately, borrowers cannot choose the term length. The longest available loan term provides by Plain Green is two years. As we go along in this Plain Green loans review, we are going to talk more about the loan details.

Before moving on, we thought you might want to check the testimonial video below from a customer of Plain Green Loans. Here she shares about how it is dealing with the company.


As mentioned, Plain Green offers a variety of loan options to customers. This includes the following:

Installment Loans

Through this type of loan, you are enabled to borrow the amount of money you need, and then make repayments over a specified time. What makes it different from other types of loans is that the payment is the same all throughout the term. More so, the payment schedule is set based on the borrower’s salary and payday.

Next-Day Online Loans

If you are caught in emergency situations like you need to pay medical expenses or your car broke and you badly need to have it repaired but you do not have the funds, you may consider applying for Plain Green’s next-day online loan.

This provides customers cash as soon as the following business day. The funds are deposited into the borrower’s bank account.

Consumer Loans

Also known as unsecured loans, consumer loans offer an alternative to secured loans, which requires assets for collateral. The money lent under this loan type can be used for various reasons like family, personal, or household needs.

Personal Loans without Fees

Plain Green offers personal loans, which a borrower can use for a number of reasons like debt consolidation as well as in emergency situations. Unlike other lenders, Plain Green does not charge fees like origination or prepayment for this type of loan.

Cash Loans

By availing a cash loan, you get to pay your bills on time, as well as cover any emergency expense, or provide your loved ones with necessities without having to wait for the next payday. Cash loans also help you keep from missing out payments for regular bills such as utilities.

Line of Credit

As you probably know, a line of credit provides borrowers with a reoccurring source of money. You can use it anytime the need arises. It basically is like a credit card with a lower interest rate. You can use a line of credit over and over (provided you pay on time) unless you decide to close the account.

As we have said earlier, Plain Green is not your usual payday lender. However, the company does act like one. A borrower’s schedule of payment is based on his or her payday. But, that does not mean you have to pay the entire amount. Plain Green will be the one to determine the specific term length.


There are a lot more details a borrower must know before you even decide to apply for a loan. Thus, in this Plain Green loans review, we are also going to provide you the following essential information regarding the loan:

  • Rates
  • Terms
  • Fees
  • Loan Amounts
  • Funding


Probably one of the most important details that you need to know before getting a loan is the interest rate that comes with it.

Plain Green offers an annual percentage rate that ranges from 210% up to 438%. Although this particular information is not explicitly stated on the company website, the information is made available by using the calculator, which can be found on the How It Works page on the site.

Furthermore, the company has no specific information on how the interest rate is calculated. But based on observation, larger loans have lower rates and longer repayment periods.

Plain Green allows early payment of the loan if you want to avoid paying more loan interest.


As mentioned, unlike other lenders out there, you cannot decide on the term length of your loan.

Unfortunately, there is no detail pertaining to how the term length is decided. Plain Green, however, provides short-term loans that range from 6 to 26 months.


While most lenders would charge an administrative fee, Plain Green does not, which means whatever amount you are approved for, it gets deposited wholly into your bank account.

Similar to other lenders though, Plain Green charges late fees for late payments. Plain Green website does not indicate how much it cost. In case of insufficient funds, Plain Green may charge you a returned payment fee. The exact amount is not indicated on the website, too.

Meanwhile, in case you decide to pay off the loan earlier than scheduled, you may do so without having to worry about getting charged for early payment fees.

Loan Amounts

As compared to other lenders, how much you can borrow from Plain Green is quite small. The minimum amount that Plain Green lends to borrowers is $500, while the maximum is up to $1,000 only for first-time borrowers, while up to $3,000 for returning customers.

Having said that, if you are looking at borrowing a larger amount of money, you may consider other lenders instead.


The process of providing you with funds is quite quick. If your application is approved and verified by 5:45 PM EST, your funds may be available as soon as the following business day.

You may either opt to have the amount deposited into your bank account, or have a check mailed to you (this option may take 7 to 10 days though after approval of the loan).


Another important thing that a borrower must look into when eyeing for a lender is the qualification for the loan. This Plain Green loans review will definitely provide you with this information.

By knowing the requirements to get a loan, you get to assess immediately if you are eligible or not. This helps save a lot of time and effort – if we may say.

Anyway, generally speaking, Plain Green markets to borrowers who need money immediately, but, have poor or have no credit scores at all.

Setting the credit score aside, here are the other requirements to qualify for Plain Green loans:

  • You must be at least 18 years old (or at least 19 if you live in Alabama, Nebraska, or Virginia).
  • You must have a stable source of income.
  • You must have an active checking account.
  • You must reside in a state where Plain Green does business.
  • You must be willing to provide your personal information


Prior to the application proper, a borrower may opt to go through a pre-application process first to find out his or her eligibility for a loan.


Unlike other lenders, Plain Green offers a pre-application process. It’s very simple and easy. Needless to say, it is an efficient way of knowing whether you qualify for a loan through Plain Green or not.

For the pre-application process, all you need to do is follow these simple steps:

STEP 1: Select the amount you want to borrow, and how you would like to receive the loan.

STEP 2: Provide some personal information, which includes the following:

  • Your name
  • Your birthdate
  • Your address
  • Your driver’s license information
  • Your social security number
  • Information regarding your residence (if rented or owned and how long you’ve lived there)

Please take note that you will then be prompted to create an account. Then, you will be asked about your military status, as well as your contact preference.

Just so you know, Plain Green provides loan options for borrowers residing in 26 states.

STEP 3: Provide your employment information.

You basically need to fill in the detail regarding your current employment.

Once you have already submitted a pre-application, Plain Green will then make a decision if you are eligible for a loan or not. In some cases though, the company may reach out to the borrower to ask further information before a decision is made.

Formal Application

Similar to the pre-application process, to formally apply for a loan, you will need to provide your personal identification information. This includes your name, Social Security number, as well as your address. You will also have to indicate your desired amount, as well as the preferred funding method.

Most of the time, Plain Green provides a decision on a loan application in just a matter of minutes. If the decision is not in favor of you though, the company is kind enough to provide you an explanation.

Anyway, if you receive an approval of the loan you will then be asked to choose the amount of money you want to borrow. Final approval is reliant on the verification of the borrower’s application information.

Unfortunately, it is unclear if Plain Green conducts a hard pull of the borrower’s credit history. Once the final application is approved by the lender, the funds borrowed will be made available immediately. Depending on your preference, it could be disbursed in the form of a check or through bank deposit.


This Plain Green loans review will not be complete without our list of what we like and what we do not like (pros and cons).

Like any other lender out there, Plain Green does have its share of good and bad, which is totally normal. After all, there is no such thing as a perfect company or perfect lender, right?

By providing you the pros and cons of Plain Green, may this help you decide whether it is worth dealing with the company for your financial needs or not?

Anyway, so here are the pros and cons we found:


  • It provides a quick application process. As stated on the company website, Plain Green provides a decision in just a matter of minutes, which makes it an ideal choice for borrowers who badly need funds immediately.
  • Funding for the loan is possible within one business day. In relation to the above, as soon as approval is made, the company will provide you with the money you owe them within one business day. The funds could either be deposited to your bank account, or you may opt for a check to be mailed (this may take a while though).
  • It does not charge prepayment fees. If you wish to get rid of interest rates and opt to pay the loan as soon as possible, that is totally fine. Plain Green lets you pay off your loan soonest without having to worry about getting charged for a prepayment fee.
  • The company provides repayment terms. Although you cannot choose the loan terms, rest assured that the company does have flexible repayment terms. You may discuss it with them upon loan approval.
  • Does not require a good credit score to apply for a loan. Plain Green is an ideal choice for people who have poor or do not have a credit score at all. Unlike other lenders, they do not look into the borrower’s credit score to make a decision if you are going to be approved of a loan or not.
  • You may choose a payment schedule. The company allows you to choose whether to make payments on a biweekly or monthly basis. It’s a good thing as you can choose based on what fits your budget.
  • Payments are reported to major credit bureaus. Borrowing money from Plain Green is one way to help you build up a good credit score as the company reports every payment you make on the loan.


  • The interest rates can go as high as over 400%. This is not surprising though given the fact that they are not credited score-conscious. The high-interest rates serve as the company’s security blanket should a borrower does default.
  • They provide limited loan amount options. Unlike other lenders, Plain Green only lends money amounting to at least $500 up to $1,000 for first-time borrowers, while $3,000 for returning customers.
  • It is limited to a few states only. Unfortunately, Plain Green is only available in 26 states at the moment. But, we never know, maybe in soon they might just open a branch in other states where they lack the presence.


Generally, we thought Plain Green offers very reasonable products and services. Although the interest rate being charged to borrowers is quite high compared to other lenders, it is reasoned by the fact that they provide loan services even to those who have poor or no credit history at all.

What do you think about Plain Green given the information we provided? Do you find it a good option for your emergency funding needs?

Anyway, we hope that this Plain Green loans review has indeed provided you with all the necessary information you need in making an informed decision.

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