Gap Loan

PLEASE NOTE: Redbud offers Gap Loans exclusively through our referring partners. We will verify your application with our referring partner.

Gap Loans are $500 loans paid in $50 monthly installments from your checking account over 12 months. Redbud reports to the credit bureau, so your on-time payments will help build your credit score!

Gap Loans:

  • Loan Amount: $500
  • Term: 12 months
  • APR: 35.07%
  • Monthly payment: $50
  • Total interest paid: $100
  • Application fee/downpayment/other finance charges: $0

NOTE: Some referring partners may have bought down the interest rates on Gap Loans for their referrals. If this happens, your APR, monthly payment, and total interest paid may be lower than the standard Gap Loan.

Once we receive a completed application with all required attachments, you should have a decision within two business days.

To start your application, press the button below.