Personal Loan Funding Process

Personal Loan Funding Process2024-02-16T08:58:20-06:00

Getting Your Money

When will I get my money?

Funding times will vary based on a few factors. Every bank institution has different processing times so we can’t say for certain how long it will take your bank to credit funds to your account. That said, in most cases you can expect to see the money in your account according to when your loan documents are signed:

  • If your loan agreement was signed by 11:00 am (Central Time) on a business day, you should expect to receive your money by 5:00 pm the same day.
  • If your loan agreement was signed after 11:00 am (or on a weekend or bank holiday), you should expect to receive your money by 5:00 pm the next business day.

See the full holiday funding timeline >

How ACH Payment Works

You will receive your money via ACH without any additional effort on your end. We use this deposit option because it is a fast and secure method of sending your funds and there are no additional fees required. Here’s an overview of the process:

  1. Once your loan agreement is signed, Atlas initiates an ACH payment transaction for direct deposit of your loan funds.
  2. This transaction is sent to The Federal Reserve for processing and release of funds to your bank.
  3. Your bank receives the ACH direct deposit payment and is responsible for crediting the money to your account.

If you have reviewed the information above and believe you should have already received your funds, please contact your bank to find out when they will credit the money to your account.

Frequently Asked Questions

Can I get my money today?2020-11-24T14:57:41-06:00

If your loan agreement is signed by 11:00 am Central Time on a business day, you should receive your money the same day (and with many banks, by 5:00 pm the same day).

However, the exact timing ultimately depends on your bank. Just know that in some cases, the bank may not credit the money to your account until later that evening. You can contact your bank to learn more about how they process ACH.

It’s the next business day. Where’s my money?2020-11-24T14:56:57-06:00

If your loan agreement was signed after 11:00 am Central Time (or on a weekend or bank holiday), you should receive your money by 5:00 pm Central Time the following business day. In some cases, it may be even earlier in the day.

However, the exact timing ultimately depends on your bank. Just know that in some cases, the bank may not credit the money to your account until the end of the day.

I signed on the weekend. When will I see the money in my account?2020-11-24T14:56:11-06:00

With most banks, you should receive your money by 5:00 pm Central Time Monday. (If the following Monday is a bank holiday, you will receive your money on Tuesday.) However, the exact timing of when the funds are accessible to you ultimately depends on your bank.

What bank account are you sending my money to?2022-06-21T16:42:47-05:00

We transfer your money to the bank account you provided and confirmed online right before signing your loan agreement.

Concerned you may have entered the wrong account information?
Please review your loan document as soon as possible to make sure we have the correct account information. Just Login to your Client Portal at secure.atlaspersonalfinance.com/login and select “Loan Agreement” from the menu.

IMPORTANT: If you need to provide new bank account information to receive your payment, please contact as soon as possible to prevent additional delay in receiving your money. Email info@atlaspersonalfinance.com or call 800.354.1532, 8am-6pm Central Time, Monday-Friday.

What is ACH?2020-10-08T15:49:39-05:00

The Automated Clearing House (ACH) Network is one of the largest, safest, and most reliable payment systems in the world. In fact, if your paycheck is directly deposited into your bank account, or you make recurring online bill payments, you’re already using ACH.

The ACH Network is a batch processing system in which financial institutions accumulate ACH transactions throughout the day for later batch processing. Instead of using paper to carry necessary transaction information, such as with checks, ACH Network transactions are transmitted electronically, allowing for faster processing times and lower costs.

Learn more about ACH >

Still have questions about Atlas personal loans? Contact one of our friendly loan advisors.

Call: 888.354.1532

8am-6pm Central Time, Monday-Friday

Email:info@atlaspersonalfinance.com

TBO Bank

Loans are issued and serviced by
TBO Bank
P.O. Box 199
Orrick, MO 64077

*Lending decisions and funding times subject to system limitations. Some applications may require additional verification, which can delay the lending decision.

IMPORTANT DISCLOSURES

This is an expensive form of borrowing and it is not intended to be a long term financial solution. Please note: Atlas by TBO Bank loans are designed to assist you in meeting your short-term borrowing needs and are not intended to be a long term financial solution. Examples of emergency reasons why these loans might be used include unexpected emergencies, car repair bills, medical care, or essential travel expenses. Alternative forms of credit, such as a credit card cash advance, personal loan, home equity line of credit, existing savings or borrowing from a friend or relative, may be less expensive and more suitable for your financial needs.

Late fees and non-sufficient funds/returned item fees may apply as described in your Loan Agreement. If you do not make a payment on time, we will attempt to contact you via one or more authorized methods. We adhere to the principles of the federal Fair Debt Collection Practices Act (FDCPA). Because we may report your payment history to one or more credit bureaus, late or non-payment of your loan may negatively impact your credit rating. If you fail to repay your loan in accordance with its terms, we may place your loan with or sell your loan to a third-party collection agency or other company that acquires and/or collects delinquent consumer debt.

As part of our information collection process, we may detect additional bank accounts under the ownership of the consumer. We will consider these additional accounts to be part of the application process. Atlas by TBO Bank reviews your information in real-time to determine whether your information meets its lending criteria. You acknowledge that by completing and submitting the website application that you are applying for a loan. We verify applicant information through national databases, and we may pull your credit in order to determine your eligibility and ability to repay.

Availability of loans are subject to change at any time at the sole discretion of Atlas by TBO Bank. Rates, terms and conditions apply.

Atlas by TBO Bank is a brand of TBO Bank. Loans are issued and serviced by TBO Bank.

Atlas by TBO Bank

info@atlaspersonalfinance.com

888.354.1532

QUICK LINKS

Client Login

Apply

Installment Loans

About TBO Bank

FAQs

Contact

RESOURCES

Terms of Use

Privacy Policy

Privacy Notice

Security

Responsible Lending

E-Sign Consent

SMS Terms of Service

Lending Locations

Accessibility

© Copyright 2024 Atlas by TBO Bank. All rights reserved.

TBO Bank

Installment loans are issued and serviced by
TBO Bank
P.O. Box 199
Orrick, MO  64077

*Lending decisions and funding times subject to system limitations. Some applications may require additional verification, which can delay the lending decision.

IMPORTANT DISCLOSURES

This is an expensive form of borrowing and it is not intended to be a long term financial solution. Please note: Atlas by TBO Bank loans are designed to assist you in meeting your short-term borrowing needs and are not intended to be a long term financial solution. Examples of emergency reasons why these loans might be used include unexpected emergencies, car repair bills, medical care, or essential travel expenses. Alternative forms of credit, such as a credit card cash advance, personal loan, home equity line of credit, existing savings or borrowing from a friend or relative, may be less expensive and more suitable for your financial needs.

Late fees and non-sufficient funds/returned item fees may apply as described in your Loan Agreement. If you do not make a payment on time, we will attempt to contact you via one or more authorized methods. We adhere to the principles of the federal Fair Debt Collection Practices Act (FDCPA). Because we may report your payment history to one or more credit bureaus, late or non-payment of your loan may negatively impact your credit rating. If you fail to repay your loan in accordance with its terms, we may place your loan with or sell your loan to a third-party collection agency or other company that acquires and/or collects delinquent consumer debt.

As part of our information collection process, we may detect additional bank accounts under the ownership of the consumer. We will consider these additional accounts to be part of the application process. Atlas by TBO Bank reviews your information in real-time to determine whether your information meets its lending criteria. You acknowledge that by completing and submitting the website application that you are applying for a loan. We verify applicant information through national databases, and we may pull your credit in order to determine your eligibility and ability to repay.

Availability of loans are subject to change at any time at the sole discretion of Atlas by TBO Bank.

Atlas by TBO Bank is a brand of TBO Bank. Loans are issued and serviced by TBO Bank.

Atlas by TBO Bank

info@atlaspersonalfinance.com

888.354.1532

QUICK LINKS

Client Login

Apply

Installment Loans

About TBO Bank

FAQs

Contact

RESOURCES

Terms of Use

Privacy Policy

Privacy Notice

Security

Responsible Lending

E-Sign Consent

SMS Terms of Service

Lending Locations

Accessibility

© Copyright 2024 Atlas by TBO Bank. All rights reserved.