1) Apply

Fill out a quick and easy application form on our website. We'll use the details given to match you to the most suitable lender.

2) Get Approved

We'll check your application and let you know which lenders are able to offer you a loan. You're almost there!

3) Get Cash

As soon as you've accepted the terms of agreement, your loan will start making its way into your bank account!

Rates And Fees:

Payday loans and installment loans can be extremely helpful when you need them, but they’re not completely free of charge.

Like most loans, you’ll be charged interest for the privilege of borrowing money when you need it, and there could be some other fees too.

Are there any hidden charges?

All the fees and charges which are applicable to your loan will be stated and clearly written in the loan agreement. It is illegal to charge hidden fees and all of our lenders operate within state law.

The loan agreement is the document you are required to electronically sign in order to borrow the money in the first place. It outlines all of the costs, repayment terms and other features of the loan. It is therefore extremely important that you read this and fully understand it, before signing. Ignorance is not an excuse should you fail to meet your end of the agreement.

Charges for late payments

Each loan agreement will have a section which deals with late payments. This section of the policy should be read carefully, especially if you don’t think you will be able to pay back the money on time. From this part of the agreement, you will learn exactly how much you will need to pay if you don’t repay the loan or installment on time. You will still have to pay back the full amount that you have borrowed, and the longer you leave the repayment, the more you may be charged.

If you’re taking out an installment loan and miss one or more of the payments, you will be charged late fees for these too. Although installment loans are more flexible than payday loan, once the terms have been set up, you cannot change them and you will be charged if your repayments are late or you default completely.

If you believe you will be unable to meet your obligations, it is important to contact the lender right away. In some cases they may be able to renew or extend the loan, depending on state law. Ignoring the obligation will incur mounting interest and/or fees.

Charges for missed payments

If the money cannot be collected from your bank account on the date which it is due, you will be contacted in order to talk about why you are unable to make the repayment. If you refuse to repay the money and cannot come to a reasonable agreement with the lender, collection proceedings may begin. This is when your details are passed on to a debt collection agency who will work on behalf of the lender to recover the debt you owe. This may involve letters, emails, phone calls and visits. In some cases there may even be legal consequences, which will incur further costs in the form of court fees.

Renewing your loan

While some lenders can offer you an extension on your loan, it is not always possible. Your loan agreement will state whether or not you may be allowed an extension or renewal, and in many cases, the agreement will state that this is entirely the decision of the lender. Therefore, there is no guarantee that you will be able to extend or renew your loan. It’s important not to treat the loan as if it can be easily extended, since this is not always the case.

How may it affect your credit score?

Fast cash loans can be lent to those with bad credit scores, but if you fail to repay the money you’ve borrowed, your credit might get even worse. If you’re already struggling to get bank loans and credit cards due to poor credit, you should do your utmost to repay the loan in full and on time (or the full amount for the month in the case of installment loans). By doing this, your credit score may increase, thus giving you better chances to borrow money in the future.

Interest rates

Interest rates aren’t specific to payday loans and installment loans. Whether you have a credit card, a bank loan, a mortgage or a student loan, you will probably be familiar with the term APR, also known as the Annual Percentage Rate. This is the rate of interest which you will need to pay for your loan, and it will vary depending on which loan you are offered. To give you an idea of the rate of interest to expect, payday loans usually vary from 391% to 782%. Remember that this is the annual percentage rate, and the final rate of interest which you pay will be calculated based on the length of time you are borrowing money for. Because payday loans come with a single repayment date, this is usually referred to a finance charge rather than interest. An installment loan however will come with a more familiar form of interest that is applied to each installment.

Paying back money on time

In order to avoid paying any extra fees, you should pay your loan back on time. If you’ve taken out a payday loan, make sure that you prioritize the repayment on your next payday. Once you’ve paid off the loan, you don’t have to worry about it anymore, and you can concentrate on using the remaining money to budget for household bills and other expenses.

For installment loans, you should ensure that the loan is being paid back over a suitable length for you and that you have not borrowed more money than you can afford to pay back. Make sure that your bank account always has enough money to fund the repayments, since if the payment defaults, you will be charged.

Your agreement

All the information you need regarding the loans and fees specific to your loan will be found in the policy document. This is the agreement which you have electronically signed before receiving your loan. You should have a copy of this, so if you need to refer to it after a few days, you are at liberty to do so.

The agreement contains the interest rate which you are paying, the charges which you’ll be required to pay if you miss payments and also what will happen if you cannot pay the money back at all.

If you have any further questions, don’t hesitate to contact your lender directly.

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