We’ll contact all investors during the first half of 2025 with information on the closing of all Happen Bank Notes accounts. We’ll send additional information by email in the coming months.
What does this mean for my account?
Additional Program Closure FAQ
- Who can I contact if I have questions?
- Do I need to take any further action?
- What happened to my loans?
- What happened to my account?
- A Note to Our Investors
- Is Happen Bank's retail investing program still active?
- Is the investor portal still available?
- Why is the Happen Bank Retail Notes program closing?
- Are there any tax implications for 2025 and beyond?
- Will I receive any additional payments?
- Can I still access my tax documents?
- Will I receive any additional payments, and what if I didn’t receive my funds?
Happen Bank Resources
Related Articles
Debt consolidation replaces multiple high annual percentage rate (APR) balances with one fixed-APR personal loan. Before applying, knowing exactly what is owed, verifying that it actually saves money, checking your credit score, gathering documents, and checking your rate to see the actual APR before committing are important steps. This guide walks through each step in order.
Debt consolidation combines multiple high-APR debts into a single payment—ideally at a lower APR, with a defined end date. It can help save money and simplify your finances, but whether it makes sense depends on your credit profile, the APR you can qualify for, and your ability to avoid new debt after consolidation.
Applying for a personal loan may affects your credit score differently at each stage of the process: from the initial rate check through to full repayment. A personal loan can affect a credit score positively or negatively over time, depending upon several factors.
When you consider taking out a personal loan, there are two ways in which your rate can be structured. The choice affects not just your monthly payment, but the total cost of borrowing over the full term, particularly if your loan runs several years.
When people worry about debt consolidation hurting their credit, they’re usually thinking about how a loan application affects their credit score. What may negatively affect a credit score is a missed payment, a closed account that shortens your credit history, or new spending on the cards you just paid off.
Related Impact
Today, we are thrilled to announce the completion of our acquisition of Radius Bancorp, Inc. (“Radius”). In February 2020, we announced our intent to acquire Radius and shared how we can grow and deepen our customer relationships with a marketplace bank.
Related FAQ's
For questions not addressed above, email investorops@happen.com.
All remaining Notes were repurchased in 2024, with investors receiving their final loan payments as part of the repurchase process.
All investor accounts were closed in stages throughout 2025. The closure process was fully completed by the end of 2025.
No further action is required. The program has been fully closed.
No. Happen Bank’s retail investing program has been fully discontinued.
Related Glossary
{noun} A type of credit that allows the borrower to make charges and payments against a set borrowing limit, paying interest only on outstanding balances.
{noun} The amount of unpaid interest that has accumulated as of a specific date, either on a loan or an interest-bearing account or investment.
{noun} The total annual cost to borrow money, including fees, expressed as a percentage.
A debt that is written off as a loss because the financial institution or creditor believes it is no longer collectible due to a substantial period of nonpayment.
{noun} An interest rate that remains the same for a set time, usually for the life of the loan.
