Our Process Explained in a Few Simple Steps

Six simple steps

At Reprise, it’s easy to get the money you need, when you need it. We know the loan process can seem intimidating, so let us walk you through it.

All it takes is six steps from start to finish. You can complete it all online from the comfort of your own home. And, we have real people waiting to answer any questions along the way.

1. Check

Check what offers are available for you while you figure out how much you want to borrow. This is called the preliminary offer. Please note, offers are subject to change pending final verification of income, credit and collateral (if required).

2. Select

Select the offer amount and loan product that best fits what you need. Using your vehicle as
collateral has advantages such as higher offer amounts and a lower APR. Unsecured loan offers rely solely on the borrower’s creditworthiness and ability to repay. Secured loan offers are also backed by collateral, such as a vehicle, as security for the loan. While secured loan offers consider creditworthiness and ability to repay, the biggest determining factor in your loan offer amount is the value of your vehicle. We assess the market value of the vehicle, considering factors like:

• Make
• Model
• Year
• Mileage
• Condition

This valuation helps determine the maximum amount a borrower can secure against the vehicle.

3. Gather

Gather your documentation. This includes but is not limited to proof of identity, proof of address, and income verification documents. Reprise uses bank statements for income verification and may ask for additional documentation if needed.

If you are applying for a secured loan, we will also need information related to your vehicle,
including proof of insurance, pictures of your vehicle, and the vehicle title.* Learn more about
identification requirements.

Identity

Proof of identity is required to ensure you are who you say you are. Documents you may provide as proof of identity include:

• Drivers License
• State ID
• US Passport

Proof of Address

Address verification is required to confirm your residential address. If the address on your ID does not match the address on your application or your ID does not list your address, further address verification documents may be required. Alternative documents we may request include:

• Bank Statements
• Utility Bill

Income

Income verification is used to measure net income versus debt expenses allowing Reprise to
provide a product that best meets your financial needs.

Reprise uses a convenient and secure product called Plaid to link your most recent bank statement during the application process. During income verification, all pages of your most recent bank statement is requested. Alternate income documents may be required.

Automobile Collateral

When applying for a secured loan, we will request documentation about your vehicle. These
documents will help us value the vehicle accurately and confirm its eligibility for our secured loan program. Vehicle documents and requirements are listed below:

• Current front and rear pictures of the automobile (pictures should include a full view of the front/rear including headlights/taillights and window)
• Current picture of the odometer
• Current registration (please note that some states have more stringent registration requirements that must show active for 45 days from loan funding)
• Proof of insurance
• Automobile must be less than 20 years old
• We don’t allow vehicles used for commercial purposes or motorcycles to be used as collateral

*A physical title may be requested during the application process based on your state and chosen secured loan program, as well as a lien holder payoff. In addition, you will also need to sign a Power of Attorney for the automobile for lien perfection purposes only.

4. Upload

Our secure customer portal is designed to guide you through the process step by step, providing clear instructions on what documents to upload at each stage.

1. Prepare Your Documents: Ensure your gathered documents are saved as individual files. This will allow you to upload them individually.
2. Preferred Document Format: We recommend using PDF versions of your bank statements and any other documents. Please ensure images are clearly scanned or photographed to capture the image in full.
3. Easy Upload Process: Once you’re ready to upload your documents and images, simply follow the prompts provided in the application process. You’ll be guided through a quick and easy process to attach each document securely.

5. Review & Sign

Once we review and verify all of your documentation, we will call or email to let you know it’s time to sign your finalized loan contract. In the final step, the following will occur:

1. Thorough Review: Our agents carefully examine each document to ensure that all information aligns with the details provided in your application.
2. Communication: If any documents are found to be incomplete or insufficient, a representative will contact you via phone or email to complete the verification process.
3. Fast Response Time: We encourage you to be on the lookout for our correspondence and to respond promptly. The faster you provide the requested information, the quicker we can proceed with approving and processing your loan application.
4. Loan Approval and Contracting: Once your loan is approved, we’ll work quickly to prepare a contract outlining the final details. This contract will be delivered directly to your secure Reprise portal, where you uploaded your documents initially, or via email, and our agents will guide you through the document.

By staying engaged and responsive throughout the process, you play a vital role in expediting the approval and contracting of your loan.

6. Get Your Cash

This is the easiest step of all! After you’ve signed your final loan contract, your funds will be
deposited into your checking or savings account. You will also receive an email from us letting you know this step is complete.

Depending on the details of your loan, your loan funds may all be sent to you, or a portion may be used to pay off a third party.

• Money Coming to You: The loan funds that you are receiving will be sent to your bank account via ACH. Generally, funds will be posted to your account within 24-48 business hours (excluding weekends and holidays).¹ Timing may also vary based on your bank’s policies.
• Third-Party Payments: Any funds being directed to third parties, such as auto loan payoffs or other creditor payoffs, are funded via check and sent standard mail. Please allow 15 business days for the delivery of these funds. It is important you continue making your scheduled payments with that lender until you are notified that the loan is paid in full, so that you don’t incur any additional fees.

Please be aware that we do not facilitate same-day funds delivery. All funds are delivered either via ACH or standard mailed check, depending on the nature of the payment.

If you have any questions or require assistance at any stage of the process, please feel free to reach out to our team by calling us at 877-505-6780. We’re here to support you every step of the way.