“Nearly half of Americans teeter financially every day. Helping them move to firm financial footing will strengthen families and stabilize the country.”
-Ken Rees, CEO
The credit options for average working Americans aren’t great. If your credit score isn’t
above 700, most banks won’t serve you. And who wants to use payday lenders, title lenders, or
super-high interest online loans? You deserve better.
As industry veterans, we founded Covered to give you a better choice. Using new technology and analytics, we designed Covered for today’s fast-paced lifestyles.
Fast: Life happens quickly, so we use instant funding to get cash into your bank account in minutes*
Hassle-free: We created the easiest and fastest 100% online loan application process with loan decisions in seconds and no paperwork required in most cases
Innovative: You are more than your score, so we use bank account information rather than credit scores to determine how much you can afford to borrow
Available 24-7: We built a mobile app so you can access your Covered account when you need it - at any time of day or night
Fair price: All at an affordable rate with no hidden fees.
And we’re just getting started.
Checking your offer won’t affect your credit score
* To obtain credit, you must apply online and have a valid checking account, email address, and mobile phone that can receive SMS texts. Offer subject to affordability assessment and verifications and is not available in all states. We use automated access to your bank data to determine how much you can afford to borrow. You will need to link your bank account for final credit approval. For most banks, we offer “instant funding,” which makes your funds available to you in minutes. For banks that do not support instant funding, your funds will be available as soon as the next banking day. Refer to How It Works for additional details.