Should You Get a Loan From Pronto Finance?


Pronto Finance Schaumburg is a provider of consumer loans, offering services to auto dealerships and consumers. Dealers can visit their website to upload a deal, attach all deal stips, and get a response from them.

You can also create an account on their website to get started.

Thinking whether getting a loan from them is worth it. Keep reading as we discuss that, including how their loan works.

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What is Pronto Finance?

Pronto Finance is a fintech company that specializes in nonprime/subprime consumer loans to both consumers with poor credit history and those with credit scores of between 601 and 660.

They partner directly with auto dealers for subprime auto loan financing.

Pronto Finance offers pay-as-you-go auto insurance with easy monthly payments.

Founded in 2005, pronto finance is located in Schaumburg, Chicago.

Who Owns Pronto Finance?

Pronto Finance Logo

Ben Gabis has been the President/CEO of Pronto Finance for the past 17 years. He is a graduate of Loyola University, Chicago, where he studied Business Administration.

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How Does Pronto Loans Work?

To get a loan from Pronto Finance Schaumburg, you need to create an account with them on their website. You’ll provide the following:

  • Email
  • Account Number
  • Last four social

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How to Get Pronto Loans with Zero Credit

If you’re a first-time buyer with zero credit, Pronto puts you under a smaller balance. This is preferably under $10,000. Then you pay $2 to 3K down.


  • Job stability
  • 2 years + on the job
  • At least $2,500 per month

Pronto Finance Loans Cover Customers with the Following:

  • Matricula
  • ITIN
  • TVDL
  • SR-22
  • Uber
  • LYFT

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How to Get Pronto Finance Loan New Zealand

To get a loan from Pronto Finance, NZ, you need to visit their loan application website, and follow the steps below if you live in New Zealand:

Step 1: Provide Your Loan Details

  • How much you need
  • How much you can afford to repay
  • Next, how often can you make repayments?: weekly, fortnightly, or monthly
  • How long would you like to repay the loan?
  • Do you have a vehicle you can use as security?
  • Is there a joint borrower?

Note: Having a car as collateral may help you qualify for a loan, particularly if you have bad credit.

Step 2: Personal Details

This is where you fill in your personal details such as title, name, date of birth, gender, marital status, employment, address, and all that.

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Step 3: Provide Identification Details

Some of the identification requirement includes:

  • New Zealand resident or not
  • ID photo type
  • Driver’s license number
  • Version number

Next Step: read and accept the terms and conditions. After that, mark the acceptance box, click accept and go to the next step.

Step 4: Provide Your Bank Details

Here, you’ll type in the bank to which you want the money to be paid, the account number, and your full name.

Step 5: Provide Loan Security

This is where you provide what you can use for the security of the loan. The options are a motor vehicle, two motor vehicles, or nothing.

The value of your collateral must be greater than the value of the loan.

Next Step: Fill in Your Income & Expenses Details

Pronto Finance wants to be sure you can repay the loan you want to take. So you’ll be required to provide the following details:

  • Source of income
  • Main applicant take-home pay, frequency, and source
  • Partner’s take-home pay, frequency, and source
  • Rent/Mortgage details
  • Regular expenses details

Finally, fill out the other information, read and accept the terms & conditions and submit. That’s it! You can do that in under 5 minutes.

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Should You Get a Loan From Pronto Finance?

Pronto Finance Schaumburg Reviews

1.5 (27)

Rating: 1.5 out of 5.

1 (4)

Rating: 1 out of 5.

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Google Review Summary

3.9 (609)

Rating: 3.5 out of 5.

Summary of Pronto Finance Reviews from Around the Web

Information from customer reviews across the web shows many people have received financial assistance from Pronto Finance Schaumburg. However, there are also numerous complaints about their lack of professionalism and poor communication.

How Do I Make My Pronto Finance Payoff?

If you receive a cash advance from Pronto Finance, your repayment will be automatically collected by them from your future earnings through your bank account via automated debits until the amount you borrowed is repaid along with their service fee.

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How Does Pronto Finance New Zealand Repayment Work?

Pronto Finance charges an annual interest rate set between 11.97% and 29.97%, depending on each client’s rating. See details below:

Annual Interest Rate

Pronto Finance’s annual interest rate is set between 11.97% and 29.97%, depending on each client’s rating.

Establishment Fee

This is a fee that is included in your repayments for receiving, processing, and advancing your loan. It’s a one-off fee that applies to all personal loans (both new loans and refinances).

  • Loans of $1,000-$20,000: $330.
  • Loans of $500-$999: $230.
  • Loans of $200-$499: $130.

Administrative Fee

Pronto Finance also charges an administrative fee of $3.96 per week, but only charged while your loan is active.

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Default Fee

You will need to pay a default fee of $0.97 per day only if your loan is in default. However, this may exclude the costs of using SMS, phone calls, emails, and letters to contact you.

Default Interest

If any portion of your loan is in default, Pronto Finance will charge default interest of 9.95% only on balance in arrears.

Frequently Asked Questions About Pronto Finance

Where is Pronto Finance Payoff Address?

  • Floor 1 Hyatt Regency Schaumburg, IL 60173, US.
  • lOCATION: 1900 E Golf Rd, Schauburg, IL 60173, US
  • Tel: – +1847-695-4900

What is Loan Pronto Credit Score Requirement?

Pronto Finance loans require a credit check. They use the credit check as one of their pieces of data to create your client rating.

How Does Pronto Payment Work?

With Pronto Power Payment, you can get affordable, innovative, and reliable electricity fast. You can make payments for residential and commercial.


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