Question 1

Who is Acorn Finance

Accepted Answer

Acorn Finance is a lending marketplace where the nation’s premier online consumer lenders pre-qualify customers for personalized loan options in 60 seconds, with no impact to the homeowner’s credit score. Acorn Finance uses an initial soft credit inquiry to provide access to competitive, fixed-rate loans through a fast and easy online process.

Question 2

What types of lending options are available?

Accepted Answer

Depending on the lender that fits you best, you may be offered a personal loan or personal line of credit.
A personal loan lets you borrow money now and pay it back over time with fixed monthly payments. Personal loans have fixed rates of interest and typically have terms ranging from 2 to 12 years. They may be unsecured (no collateral) or secured (collateral required).
A personal line of credit allows you to borrow at any time based on a preset limit. As long as your account is open and your credit remains in good standing, you can borrow up to the maximum amount and pay interest only on the amount you actually borrow.

Question 3

How much can be borrowed?

Accepted Answer

Acorn Finance's network of lenders offers loans from $1,000 to $100,000 for qualified borrowers.

Question 4

What can the funds be used for?

Accepted Answer

Anything. For instance, your purchase with us.

Question 5

How long does it take to get approved?

Accepted Answer

Qualified applicants can be approved quickly during business hours and may receive their funds as soon as within 1 business day.

Question 6

Are there any fees?

Accepted Answer

Acorn Finance's lenders charge no penalties for early repayment, and no processing fees on loans of more than $40,000. If you borrow less than $40,000, some lenders may charge an origination fee between 1-6%. You’ll see no-fee options clearly highlighted on your offers pages, so you can make a fully informed choice.

Flexible Financing for You

Affordable solutions to handle unexpected major repairs or improvements you want with ease.

Secure Funding for Urgent Home Repairs

Get Started with Home Repair Financing Today

Contact us to learn about available financing options and get your repairs underway without financial stress.

Answers to common questions

Find quick, clear information to help you get started

Who is Acorn Finance

What types of lending options are available?

How much can be borrowed?

What can the funds be used for?

How long does it take to get approved?

Are there any fees?

Flexible Financing for You

Affordable solutions to handle unexpected major repairs or improvements you want with ease.

Secure Funding for Urgent Home Repairs

Get Started with Home Repair Financing Today

Contact us to learn about available financing options and get your repairs underway without financial stress.

Answers to common questions

Find quick, clear information to help you get started

Question

Who is Acorn Finance

Question

What types of lending options are available?

Question

How much can be borrowed?

Question

What can the funds be used for?

Question

How long does it take to get approved?

Question

Are there any fees?