Support Home Applying for a Loan Can I apply for a second loan? If you have already received a loan on Upstart, in order to be eligible for anoth… How does applying for a loan affect my credit? Checking your rate with Apple Bank will not affect your credit score. When you… When and how do I receive my loan funds? If you accept your loan before 5:00pm EST Monday-Friday, you should receive your … Can I change my loan application after it has been submitted? You will not be able to edit your application once it is submitted. Please be sur… What can I use the loan proceeds for? You can use your loan proceeds for almost anything. However, loan proceeds canno… How much money can I borrow? You can borrow between $3,000 and $50,000.… How are interest payments calculated? Apple Bank uses simple interest to calculate interest payments. A specific intere… How do I apply for a loan? Please complete the brief online application, which includes information about yo… What is the difference between a soft and hard credit inquiry? There are two kinds of inquiries (or pulls) that can occur on your credit report:… Can I negotiate the rate or my loan terms? No, you cannot negotiate the loan terms or rate. Your rate is determined based on… Why do you need my social security information? We must collect and verify your personal information, including your date of birt… Can you withdraw or delete my application? If you wish to withdraw from the application process, please email us at appleban… What fees am I charged? Fee Amount Frequency Description ACH Return or Check Refund Fee $10 Per occurrenc… Are loans through Apple Bank fixed rate or variable rate? All loans through Apple Bank have a fixed interest rate, meaning it won't change … How to Calculate Your Self Employed Income If you’re self-employed and you’d like to use your income from this job as the in…