I just paid off my loan with Stilt, can I apply for a new loan?

After paying off your previous loan with us, you will be eligible for a new loan with us, if you meet these criteria:

• You paid off the loan in full including any fee or extra interest
• There are no pending charges to be resolved
• You still meet the minimum eligibility criteria for a loan application

If you have an ongoing loan with Stilt, you have to meet these criteria to be eligible to apply for a second loan:

• You never missed a payment 
  
  • Meaning you were never delinquent
• You are halfway through your loan term (not just loan amount) with on-time payments
• If you pay off half of your loan sooner than half of the loan term, you will still have to wait for 50% of the term to be eligible for another loan application
• You don't have more than 2 loans outstanding with Stilt

Additional information:

This new loan application will be considered independently of your previous loan. We can not guarantee that you will get the same or lower interest rate. While we do consider your previous loan history with us, we still take all factors (such as visa, income, job stability etc.) into consideration.