Frequently Asked Questions


How does Bits work?

The way to access Bits right now is via Facebook Messenger.

  1. Apply here

  2. After you apply, you’ll get an email asking for your ID

  3. After you send your ID, you’ll get an email asking for your deposit

  4. Once we get your deposit, we’ll send you your loan (a Bit), same day

What APR do you charge?

0% APR. No fees, of any kind. This is a promotional offer for the next six months.

How do you make money?

We rely on donations from community members.


How many Bits can I have?

One at any given time. Once you pay back, you can get your next Bit.

Is there a limit to how many Bits I can have?

No. But as mentioned above, you can only have one at any given time. 

Can I pay back early?

You can - and should. 95% of our users pay back early as this allows them to keep borrowing for free.

Will there be an app?

Yes, we are working on it. There will be a card too, soon.