Pheabs review

Updated September 28, 2026 · BorrowCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Pheabs suits borrowers with poor credit who need a small sum quickly and can clear a high rate. It works as a broker, so 200% to 400% sits far above the 36.5% typical of payday loans, and the $100 to $1,500 cap keeps this to short cover.

Key facts

Best for
Small short term bridging for borrowers with poor credit who need money the same day.
APR
200% to 400% (Source, checked September 26, 2026)
Loan amount
$100 to $1,500 (Source, checked September 26, 2026)
Term
1 to 3 months (Source, checked September 26, 2026)
Credit check
Soft prequal (Source, checked September 26, 2026)
Funding time
Funds within 1 hour, 24 hours or next business day (Source, checked September 26, 2026)
Representative example
Borrow $300 over 3 months at 400% APR, 3 equal repayments of $218.91, total to repay $518.91 (Source, checked September 26, 2026)
Rate type
Fixed (Source, checked September 26, 2026)
Lender type
Broker (Source, checked September 26, 2026)
Free early repayment
Yes (Source, checked September 26, 2026)
Eligibility
US or Canadian resident, 18 or older, steady employment, minimum $800 per month income, live checking account, able to afford repayments (Source, checked September 26, 2026)
Loan types
Personal, Payday, Debt-consolidation, Secured, Car (Source, checked September 26, 2026)
Credit needed
Poor (Source, checked September 26, 2026)
Headquarters
United States (Source, checked September 26, 2026)
Founded
2018 (Source, checked September 26, 2026)
Support channels
Email, Phone, Help-centre (Source, checked September 26, 2026)
Pricing model
Fixed rate
Features
Same-day funding
Official website
pheabs.com

Apps and profiles

Elsewhere
TrustpilotLinkedInyoutube.comfacebook.com

Pros and cons

Pros

  • Fixed rate loans with fixed pricing, so payments do not shift
  • Free early repayment, so clearing early costs nothing extra
  • A soft prequalification check, soft prequal, which does not damage your file as a hard search would
  • Support runs on email, phone and help centre

Cons

  • A high cost: 200% to 400% against a 12% site median
  • A short 1 to 3 term means heavy repayments on each instalment
  • Being a broker means the lender behind the offer varies
Pheabs

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Scored 8.5 / 10 by BorrowCue.

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Who it suits

  • Adults with poor credit and steady employment who need a small amount fast
  • US or Canadian residents with a live checking account
  • Borrowers who can clear the balance inside a 1 to 3 term

Who should look elsewhere

  • Anyone wanting a larger sum, since $100 to $1,500 caps the borrowing
  • Readers who need a longer term, as 1 to 3 runs short
  • Readers who want protection on the money, and Monzo Flex sets a far lower 10% to 23%

How Pheabs compares

Where Pheabs is available

Available
Canada, United States

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What does borrowing through Pheabs cost?+

Rates are fixed and run to 200% to 400%, well above the 36.5% seen across payday loans on the site. The example given borrows a small sum over a short term, repaid in equal monthly instalments with the total to repay stated clearly.

How much can I borrow and for how long?+

Amounts run $100 to $1,500 and the term is 1 to 3. That is a small sum repaid quickly, aimed at bridging a gap rather than funding a large expense or a longer project.

How fast does the money arrive?+

Funding is offered on Funds within 1 hour, 24 hours or next business day, and the feature list includes same day funding. Speed depends on the lender matched to you, since Pheabs acts as a broker rather than the lender itself.

Does applying damage my credit file?+

The check is soft prequal, so an initial search does not count against you the way a hard search would. A full application to a matched lender can still involve a harder check.

Who is eligible to apply?+

Eligibility covers US or Canadian residents who are adults with steady employment, a minimum monthly income, a live checking account and repayments they can afford. Applicants also need poor credit to qualify, which is the group this offer targets.

What happens if I repay the loan early?+

Early repayment is free, with no extra charge for clearing the balance ahead of schedule. That makes a 1 to 3 term easier to manage if your income improves sooner than expected.

Who is the actual lender?+

Pheabs is a broker, so it introduces borrowers to partner lenders rather than lending directly. That is worth weighing when comparing a specialist with a direct lender, since terms and the credit check depend on who you are matched with.

Is my money protected by a regulator?+

Pheabs is a broker working with lenders, and no regulator or deposit protection scheme is listed for it, so savings placed here are not covered in the way a protected bank balance would be. Treat it as a borrowing service only, not a place to hold money.

Sources

  • pheabs.com checked September 26, 2026

    Backs: Credit check, Credit needed, Eligibility, Features, Free early repayment, Funding time, Pricing model, Rate type, Representative example

    “Pheabs offers soft search loans that will check of the basis of your credit record but not leave any visible footprint.”

  • pheabs.com/about-us checked September 26, 2026

    Backs: Founded

    “Pheabs was founded in 2018 by Daniel Tannenbaum”

  • pheabs.com/about-us/how-we-make-money checked September 26, 2026

    Backs: Loan types

    “Personal Loans, Payday Loans, Installment Loans, Debt Consolidation, Title Loans”

  • pheabs.com/contact-us checked September 26, 2026

    Backs: Headquarters, Support channels

    “Email: daniel@pheabs.com; Phone: 1-855-884-6510; FAQs”

  • pheabs.com/loan-rates-and-terms checked September 26, 2026

    Backs: Loan amount, APR, Term

    “get an indication of how much if would cost to borrow $100 to $1,500 over 1 month or 3 months”

  • pheabs.com/terms-and-conditions checked September 26, 2026

    Backs: Lender type

    “Pheabs, the Company, is a broker, not a lender”

Compiled from 6 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Arrangement fee.

Pheabs

Pheabs

Small short term bridging for borrowers with poor credit who need money the same day.

8.5/10See alternatives

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