Kabbage Questions & Answers

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Here’s what consumers have asked with answers from Kabbage staff and previous consumers.

27 questions answered
11% answered in 1 day
Question:

How do you determine apr. is it a daily rate?

Answer:

: Do not use KABBAGE. You will have a large payment every month. When you pay that, you will probably need to reborrow and they will charge you a fee to reborrow plus a monthly fee for that part of the loan. It is not at all like a line of credit.

By Michael S.
Question:

What are the minimum underwriting guidelines at kabbage?

Answer:

It is based on deposits in your business account. They require full access (online banking username and password) to get this. Use extreme caution.

By Matt H.
Question:

What is the interest rate on a $50k loan?

Answer:

It will be very high

By Michael S.
Question:

I do. broadband dynamics services filled out a application yesterday. i am wondering 2 things. what is the annual apr? and can we email the bank statements?

Answer:

: Do not use KABBAGE. You will have a large payment every month. When you pay that, you will probably need to reborrow and they will charge you a fee to reborrow plus a monthly fee for that part of the loan. It is not at all like a line of credit.

By Michael S.
Question:

Minimum fico required?

Answer:

: Do not use KABBAGE. You will have a large payment every month. When you pay that, you will probably need to reborrow and they will charge you a fee to reborrow plus a monthly fee for that part of the loan. It is not at all like a line of credit.

By Michael S.
Question:

I would like to consolidate two lines of credit for a total of about $75,000. what interest rate would i be paying? i have been in business for myself for 25 years.

Answer:

: Do not use KABBAGE. You will have a large payment every month. When you pay that, you will probably need to reborrow and they will charge you a fee to reborrow plus a monthly fee for that part of the loan. It is not at all like a line of credit.

By Michael S.
Question:

What is the little dog screen i'm getting when trying to pull money?

Answer:

Hello Felix, Thanks for getting in touch with us. That's a general error screen. What we recommend you do is get in touch with our Customer Service Team at 888-986-8263 for some more help!

By Kabbage R., Customer Advocate

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