Grain Line of Credit Review: Line of Credit, Digital Credit line, Bad Credit & Good Credit accepted, No Credit Check, Security Deposit, $0 Deposit for some, Rates, and process

Grain is a digital line of credit that allows users to receive cash directly to a debit card. It is a credit card alternative that requires no credit check. The rates average about 15% but are variable. The company looks at your cash flow to determine how much you are approved for. For someone with bad credit this is a good financial product to use to receive cash at a decent rate compared to payday loans, and installment loans. You may be able to avoid paying a security deposit If you have good credit, fair credit, or a solid cash flow, but the decision is up to grain.

Grain Website:
https://trygrain.com/

The security deposit is an important process of Grain. Many people may not need to make a security deposit, however some may be required to deposit cash into the account before receiving the preapproved amount. It may take up to 4 days to be approved after grain receives your security deposit.

Once you are approved you will receive a revolving line of credit. You can withdraw funds instantly to a connected debit card.