Changelog

June 1, 2023

Pay early

You can take control of your Tola Financing Limit by repaying your outstanding repayments ahead of schedule with the new Pay early feature.

In Financing > Schedulled select a scheduled repayment to start paying early and effectively manage your Financing Limit.

Learn more in our FAQ.

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Tola is not a bank. Banking services are provided by Patriot Bank, N.A, Member FDIC. Deposits are FDIC-insured through Patriot Bank, N.A., Member FDIC. Account opening is subject to registration and ID verification.
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IMPORTANT INFORMATION FOR OPENING A NEW ACCOUNT: To help the federal government fight the funding of terrorism and money laundering activities, the USA PATRIOT Act requires us to obtain, verify, and record information that identifies each person who opens an Account. WHAT THIS MEANS FOR YOU: When you open an Account, we will ask for your name, address, date of birth, and your government ID number. We may also ask to see a copy of your driver's license or other documents at any time. All Accounts are opened subject to our ability to verify your identity by requiring acceptable types of identification. We may validate the information you provide us to ensure we have a reasonable belief of your identity. If we are not able to verify your identity to our satisfaction, we will not open your Account or we may close the Account if it was previously funded. Your Account is subject to fraud prevention restrictions at any time, with or without notice.