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What’s the difference between a home improvement loan and a personal loan?

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Home improvement loans are offered at point-of-sale through participating merchants and are used to pay for a specific service or project. Funds are sent directly to the contractor or service provider, and you then repay the loan through fixed monthly payments.

Alternatively, personal loans are issued directly to you. If approved, funds are deposited into your bank account and can be used for a variety of purposes, such as debt consolidation.

Partner financing

Happen Bank works with partners to offer financing options through select merchants. In these partnerships, the partner provides the application experience and works directly with the merchant while Happen Bank originates and services the loan.

Notable Partners

Wisetack

Happen Bank Resources

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Unless otherwise specified, all credit and deposit products are provided by Happen Bank, N.A., Member FDIC, Equal Housing Lender (“Happen Bank”), a wholly-owned subsidiary of Happen, Inc., NMLS ID 167439. Credit products are subject to credit approval and may be subject to sufficient investor commitment. Credit union membership may be required. Deposit products are subject to approval, which may include credit approval. 

Our mailing address is: Happen Bank, N.A., 88 Kearny Street, Suite 600, San Francisco, CA 94108. 

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