What happened to my loans?

Getting approved for a personal loan depends on more than just your credit score. Lenders look at your full financial picture—income, existing debt, application accuracy, and the amount you're requesting. Understanding these factors can help consumers better understand what lenders may consider when evaluating an application.

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.

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.

Most people who experience a loan delay don't see it coming. The process feels straightforward—fill in the details, upload the documents, wait for approval. In most cases, it indeed is. But small gaps in an application can pause things at any stage, and the fixes are simpler than most people expect.

Your DTI ratio changes when your debts change, when your income changes, or both. There are concrete steps you can take before you apply that can move it in the right direction. In this article, we cover what the metric is, what the generally accepted thresholds look like, and how to lower it. 

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.

No. Happen Bank’s retail investing program has been fully discontinued.

No further action is required. The program has been fully closed.

No. All funds have already been distributed to investors via ACH or check.

All investor accounts were closed in stages throughout 2025. The closure process was fully completed by the end of 2025.

Tax documents (including 1099s) were issued and delivered for all applicable years through 2024

{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.