To qualify for a loan, all loan borrowers must:
- Has a verifiable name, date of birth and social security number;
Is at least 18 years of age;
Has a credit score that meets the minimum credit underwriting requirements [or, if the applicant does not have a credit score, has graduated from or is currently enrolled in (i) an associates degree at an accredited school, (ii) a 4-year (bachelor’s degree) accredited college, or (iii) more advanced degree granting program; unless s/he has been accepted to one of our partner institutions that provides vocational training and (iv) has a job, or other verifiable source of regular income];
Has a U.S. address;
Is a resident of a zip code where the Creditor offers Covered Accounts
Passes the identity verification and OFAC screening;
Has a valid e-mail account (meaning that UNI has checked the format of the address and, before funding, verified the consumer’s ability to send and receive mail at that address);
Meet our minimum credit requirements; and
Have a personal banking account at a U.S. financial institution with a routing transit number;