The Full Boyledown Loan Process

🧭 One Loan. One Clear Process.

Boyledown offers a single, transparent personal loan — and a process that respects your time and clarity. Here’s how it works:

✅ Step 1: Submit a Loan Inquiry (Pre-Filtering)

This quick form helps determine whether our loan product is relevant to your needs.

This is not a loan application
No credit or income questions
No evaluation of creditworthiness

Loan details:
$3,000 at 12% APR
With your choice of a 1, 2, or 3-year term

✅ Step 2: Inquiry Review

We manually review every inquiry. Due to our limited lending capacity and the very specific nature of the loan we offer, not all inquiries will result in an invitation to apply.

If we don’t extend an invitation, you’ll receive an email explaining that the decision was based on one or both of the following:

A lack of available lending capacity at the time
A determination that the loan product we offer may not align with the needs you shared in your inquiry

These decisions are made without evaluating your creditworthiness, and do not reflect a judgment about your qualifications.
In ALL cases, we follow up at a later date when capacity becomes available.

✅ Step 3: Invitation to Apply

If your inquiry appears aligned with our loan offering, we’ll email you an official invitation to apply.

✅ Step 4: Complete the Full Application

The Boyledown application includes:

Completing the loan application form with basic financial details (e.g., identity, income, debt) and with providing supporting documentation to verify this information.
A short written reflection where you explain:
- Why you believe this loan is a good fit
- Your willingness to repay
A 20-question multiple-choice quiz on:
- Basic borrower literacy
- Key Boyledown loan terms and policies
- A one-on-one meeting with the lender
  After you’ve submitted everything above, we’ll meet in person or by phone. This brief conversation is a chance to ask questions, clarify terms, and confirm mutual understanding. At Boyledown, we believe lending is a relationship — not just a transaction — and that means talking to each other directly.
  - We Go Beyond the Numbers
    - Most lenders use a simple debt-to-income (DTI) ratio to assess eligibility. But DTI alone can be misleading — it doesn’t reflect:
    - What you actually take home after taxes
    - How much you spend on essentials like rent, food, or childcare
    - Whether you’re already stretched thin financially
    - At Boyledown, we go deeper. During the one-on-one conversation, we work with you to map the loan into your real monthly budget — not just the paperwork. If we determine the loan would stretch you too far, we’ll say no.
- We’d rather decline a loan than watch someone we care about struggle under the weight of it.

✅ The written reflection, the quiz and the one-on-one meeting are required parts of the application.
⛔️ Failure to submit either the quiz or the written reflection— or electing not to participate in the one-on-one meeting — will result in a declined application.

✅ Step 5: Final Review & Loan Origination

If your full application is complete and meets our approval criteria:

You’ll receive a simple, clear loan agreement
No hard credit check
No fees or penalties
No third-party collections

Once signed, funds are disbursed quickly, and repayment begins based on your selected term.

Boyledown Lending Inc.