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3.3
(20 Ratings)
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Konstantin Tochonyi - CEO Finanso®
We have developed for you a convenient company page for Makwa Finance in the US. Here you can learn more about the company, get acquainted with its credit products, read the rules for the provision of services, watch video instructions, read customer reviews and leave your own one. Pay attention to our bonus system.
Konstantin Tochonyi - CEO Finanso®
Finanso believes everyone should be able to make financial decisions with confidence. And while our site doesn’t feature every company or financial product available on the market, we’re proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward — and free.
The exclusive right to Makwa Finance trademarks of third parties, including financial organizations, depicted on Finanso® belongs to their copyright holders in accordance with publications in the open registers of authorized bodies. Trademarks of third parties depicted on finanso.com, are indicated for informational purposes only.
Requirements
Makwa Finance's aim is to make funding accessible and transparent. It is more than likely to give the financing you seek if you achieve the minimum conditions listed below.
- Get a steady paycheck
- Are at least 18 years old and a citizen of the United States
- Maintain a current checking account
- Are not a representative of the military or a dependent of a military member
- There may be additional prerequisites.
Residents of VA, VT, WI, AR, CT, IL, NM, NY, PA, and WV are not eligible for Makwa loans. Any credit offers are subject to underwriting and verification, and you cannot transfer them to another party.
Application details
Funding time restrictions and cut-off deadlines may limit sped-up funding. Before 6:00 p.m., applications are processed and approved. Monday through Friday, CST, are usually financed the next working day. You can request a Special Services Transfer up to 3:00 p.m. if you need funds on the same business day. Monday through Friday, call 855-853-4392 for CST. It will send the Special Services Transfer the next working day for loans executed on weekends or holidays. Please confirm with your bank to see if there are any additional incoming fees.
Suppose you meet the 6:00 p.m. cut-off time. In that case, funds will be paid into your bank account the next business day after your application has been reviewed and allowed, including validating your loan details and e-signing your online loan documentation.
Makwa Finance can refuse or cancel your account registration, reject any application you have submitted, terminate any agreement with you, and restrict your future use of the Site and its Services if any information you supply is false, not current, or incomplete. Makwa Finance reserves the right to reject any loan application. It may end your registration and prevent you from using or accessing false or the Site if you break any of these Terms of Use or any other agreement.
How to apply
You can apply and register for an account through Makwa Finance Website. Makwa Finance loans provide payment plans for individuals who require them and direct deposit for those who do not have entry to a checking account or who prefer not to use standard payment methods. They usually conduct the application process online or over the phone with a Makwa Finance loan officer. You can also use one form to mail your application to their office. It can usually approve most applicants in minutes after reviewing their information and gathering some basic information. Makwa Finance deposits funds immediately into your account within 24 hours if you're accepted.
FAQ
What are Makwa Finance interest rates?
Your loan agreement contains information about your payment amounts, dates, APR, and detailed fee information, including any relevant costs for late payments and NSF/returned items. If you have questions, please reach the Customer Success Agents at 855-853-4392.
Does Makwa Finance affect my credit score?
No, Makwa Finance will not affect your credit score. However, remember that any missed payment negatively influences your credit score and might put you at risk with lenders.
How fast does Makwa Finance transfer money?
If you meet the 6:00 p.m. cut-off time, Makwa Finance can typically deposit funds into your bank account the next business day after your application has been completed and accepted.
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Editor Zarina S
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Update 13.05.2024
Offers
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Makwa Finance
Installment Loan
Rating by Finanso®
i
The rating by Finanso® is determined by our editorial team. The scoring formula includes a financial product type as well as tariffs, fees, rewards and other options.
3.32
(20 Ratings)
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Makwa Finance reviews 2024
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Asher H
16.01.2024 at 10:15
Installment Loan
4.6
Pros
Rapid and hassle-free loans with the possibility of receiving funds as early as the next day!
0 comments
Complain
Harper H
14.01.2024 at 15:40
Installment Loan
4.2
Pros
I valued the transparent and open communication throughout the loan process. The Makwa representative demonstrated a deep understanding of my situation and meticulously explained each step, ensuring I had all the necessary information at every stage.
0 comments
Complain
Emma J
07.01.2024 at 02:08
Installment Loan
4.4
Pros
Their support for customers is remarkable, and their efficiency, courtesy, knowledge, and attentiveness, coupled with friendly staff, truly stand out.
0 comments
Complain
Valentina J
06.01.2024 at 10:45
Installment Loan
2
Cons
I urgently needed funds for an emergency situation and was initially told they would be available the next day. However, I'm still waiting, and when I contacted customer service, I was met with rudeness and informed that it would take a few more days. This experience has left me with no intention of doing business with this company in the future.
0 comments
Complain
Elijah J
02.01.2024 at 20:45
Installment Loan
4.4
Pros
I was highly impressed with the simplicity, speed, and the loan amount provided. Working with this company has been a great experience.
0 comments
Complain
Santiago J
27.12.2023 at 11:55
Installment Loan
2.4
Cons
I'm attempting to apply for a second loan, but the website is not accepting my information, despite having paid off my previous loan early. It's unclear why I'm encountering this issue.
0 comments
Complain
Ethan H
22.12.2023 at 17:10
Installment Loan
4.2
Pros
I greatly appreciate their willingness to collaborate with me on the payment plan, which was incredibly helpful. Additionally, I'm a fan of the rewards program they offer.
0 comments
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Charlotte J
21.12.2023 at 11:20
Installment Loan
2.4
Cons
They incorrectly labeled the account for depositing my funds, resulting in the loss of my money. When I reached out, I was simply told to wait until the funds are returned, with no effort made by customer service to address the issue. Consequently, I now have an open account with no access to the funds that were supposed to be there, despite the error not being my fault.
0 comments
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Martina J
17.12.2023 at 09:55
Installment Loan
4.6
Pros
The loan application process was incredibly simple, and I received a prompt approval. The customer service team provided excellent assistance throughout. When I needed a bit more than initially approved, they went the extra mile to accommodate me, something I haven't experienced with any other loan company.
0 comments
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Noah J
13.12.2023 at 12:08
Installment Loan
1.8
Cons
I initially requested a $5,000 loan but ended up with only $1,100. Now, I find myself owing them $6,600 due to what they call as interest. To be honest, I find this situation quite absurd. While I do need the money and understand that businesses need to make a profit, paying six times the borrowed amount feels excessive. It's hard for me not to view this as a potential scam.
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Review on Makwa Finance
Rate it on the 5-point scale
Execution of an application
Support service
Mobile app
Service quality
Your level
Your rating
/ 5
Company rating
3.3
/ 5
20 reviews
Application
3.2
Support service
3.3
Mobile App
3.4
Service quality
3.3
Your satisfaction level
3.5
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