GET STARTED
HOW IT WORKS
Applying for the Yendo
credit card is as simple
as 1, 2, 3
Learn how Yendo lets you use your car to access up
to $10,000 in credit. Let your car help you pay the
bills, make a big purchase or have funds available just
in case.
GET STARTED
How Yendo works in 3
steps
CAR PAID OFF MAKING PAYMENTS
STEP 1
Get pre-approved
Fill out some information about you and your car and you
can get pre-approved in 2 minutes with no impact to your
credit score.
STEP 2
Verify yourself and your car
Once pre-approved, verify your information by taking
photos of your car and ID. Keep your phone handy!
Learn more >
STEP 3
Access your money
After approval and completing the card activation
process, you'll access part of your credit with a virtual
card while your physical card is mailed. Activate it for full
access.
Learn more >
APPLY NOW TO SEE YOUR OFFER
Here’s what you might
get*
CAR 1 CAR 2 CAR 3
Car model Honda Accord
Car year 2014
Car Value $8,850
Mileage 112,065 Miles
Maximum credit limit
$4,690
Why would my limit be lower than my car value?
*Example scenarios only
Factors that impact your
credit limit
Your credit limit is determined by a variety of factors
that include your unique vehicle’s make, model,
mileage, trim, and year as well as your individual credit
history. We also want to be sure you have the ability to
pay back each month, so we also consider your
current income and expenses.
Your Vehicle
Your vehicle is your key to credit. So, we look at the year,
make and model and its value to determine the
appropriate credit limit for you.
Your Credit History
We don’t use your credit score as part of the application
process, but do look at your credit history to help
determine if you’re pre-approved, your credit limit and
!nally if you’re approved
Your Income and Expense Ratio
We want you to succeed, so ensuring you are able to pay
is important. We take into account your income and
expenses to help determine if you qualify for the card
PAYMENT ESTIMATOR
How Yendo calculates
your minimum payment
Yendo's payment estimator helps you calculate your
approximate minimum payment. Simply enter your
statement balance, so you can plan ahead with
con!dence.
About the Payment Estimator. Minimum payments shown are approximate and
assume full credit utilization, with a minimum payment calculation of 1% of card
balance + fees and/or !nance charges, as applicable. Your minimum payment could
be higher or lower based on how much and when you spend during your statement
cycle, any payment activity, and fees (such as returned payment or late fees). See
Yendo’s Cardholder Agreement, which is available upon approval, for a full description
of how we charge interest and calculate minimum payments.
Statement balance
$ Enter your balance
Subsequent
First month or
months
1% of statement balance
$0
Annual fee
$40
Approximate minimum payment*
Assumes no cash advances during month
$0
GET STARTED
What is vehicle
equity?
Generally, vehicle equity is the di#erence
between the value of your car and how much
you owe on your car. We’ve created a guide to
help you better understand what vehicle
equity is, so you’re comfortable applying for
the card.
Learn more >
Bene!ts of having the
Yendo credit card
If you have a car fully paid o"
You no longer have any outstanding payments
on the loan, and you own the vehicle in full.
Get up to $10,000 credit limit
Build your credit with on time monthly
payments
Same-day access
If you’re making payments
to your car
You are regularly paying installments toward the
loan you took out to buy the vehicle, until the total
amount borrowed, including any interest, is fully
repaid.
Potentially reduce your monthly auto loan
payment
Get additional spending power/increase your
available credit as your pay down your auto
loan
Same-day access
We’re here to help
Have questions about how Yendo works? We’ve got
you covered.
Does Yendo build my credit?
Is it an actual credit card?
How soon can I get my credit?
Is Yendo a secured credit card?
What will my credit line be?
VISIT FAQ
RESOURCES
Learn more about Yendo
What is vehicle equity?
Learn more >
Yendo’s vehicle id veri!cation process
Learn more >
Yendo’s Title Submission and Title/Lien
Release Process: A Complete Guide
Learn more >
Apply today
Access up to $10,000 in credit with Yendo.
GET STARTED
Your new credit card is in sight.
Learn
How it works
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Accessibility Statement
Annual fee is $40. Annual Percentage Rate is a !xed 29.88% for purchases. Cash
advances accrue interest at 29.88% APR and have a 3% fee. Foreign transactions incur
a 3% fee. Balance transfers incur a 5% fee.
Title and Payday Loan information in the Comparison tabled is based on the following
CFPB Reports (1)(2). The comparison table assumes (i) a typical single installment title
loan agreement is renewed each month for a total of twelve months; (ii) all accumulated
interest and fees are paid on each extension date; and (iii) the loan is paid in full at the
end of 12 months.
Yendo credit cards are issued by Cross River Bank, Member FDIC, pursuant to license
from Mastercard International © 2024 Yendo, Inc. All rights reserved.
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