Carbon is known for its quick loan approval process. Typically, loan applications can be approved within minutes once all required information is submitted. However, the actual time it takes for your loan to be approved may vary depending on the completeness and accuracy of the information provided, as well as Carbon's internal risk assessment and verification procedures. Hence, it is crucial to provide accurate and up-to-date information during the application process to ensure a smooth and swift approval.
Once your loan is approved, you will receive a push notification or email informing you of the approval. To accept the offer, log into your Carbon account. You can also check your loan application status in the Carbon app
Please note that the funds are usually disbursed to your Carbon account within a short period after you accept the offer, often within 24 hours or less.