Rates & Annual Percentage Rate (APR)

Annual Percentage Rate (APR) and Loan Duration

The Annual Percentage Rate (APR) associated with personal loans offered through our network of lenders and lending partners varies, typically ranging from 5.99% to 35.99%, with loan terms extending between 90 days and 72 months. The exact APR assigned to a loan is determined by multiple factors, including the loan amount, repayment term, credit history, and overall financial profile.

If you receive a loan offer, you will have the opportunity to thoroughly review the lender’s final terms before making a commitment. The lender will explicitly disclose the applicable APR before you agree to the loan terms. The final APR may be influenced by the details provided in your loan request and the lender’s assessment of your application.

Representative Loan Examples

To provide transparency, the following are representative examples of potential loan scenarios:

• A $1,500 loan with an 18-month term and a 3% origination fee ($45) would require monthly payments of $100.05, resulting in a total repayment of $1,800.93, including all fees and interest. The representative APR for this loan is 19.99%.

• A $5,000 loan with a 38-month term and a 6% origination fee ($300) would require monthly payments of $182.74, with a total repayment amount of $6,944.12, including all fees and interest. The representative APR for this loan is 17.53%.

Illustrative APR, Loan Costs & Fees

The following table provides estimated costs and repayment structures for various loan amounts:

Note: These figures are provided for illustrative purposes only. Actual loan terms, interest rates, and fees may vary depending on the lender’s policies and borrower eligibility.

General Personal Loan Terms

Loan terms may vary based on state regulations, lender policies, and individual financial circumstances. Below are general parameters applicable to personal loans:

• Loan Amounts: $300 – $15,000

• Repayment Term: 6 months – 72 months

• Payment Frequency: Monthly or bi-monthly

• APR Range: Varies based on creditworthiness and repayment history

• Prepayment Penalty: None

Annual Percentage Rate (APR) Explanation

The APR represents the total cost of borrowing, incorporating the interest rate, fees, and repayment structure. It is calculated based on the loan amount, term, repayment schedule, and any associated fees.

Federal and state regulations mandate that lenders fully disclose the APR before finalizing any loan agreement. In certain states, legal restrictions may limit the maximum APR a lender can charge. The actual APR offered will be based on factors such as credit score, loan amount, and whether collateral is required.

Generally, borrowers with strong credit profiles and secured loans receive the most competitive rates. However, loan availability, terms, and APR ranges may differ based on state-specific regulations and lender policies. Before proceeding with a loan, carefully review all lender terms and conditions.

APR Disclosure

The APR reflects the total cost of borrowing, including the principal loan amount, interest, and applicable fees. Lenders are legally required to disclose the APR before a borrower enters into a loan agreement.

Certain state regulations cap the maximum APR that lenders can charge. The final APR will be determined by various factors, including:

• The borrower’s credit profile

• The loan amount

• Whether the loan is secured or unsecured

The most competitive rates are generally offered to borrowers with excellent credit scores and secured loans. Since loan terms, APR rates, and borrowing limits vary depending on lender policies and state laws, borrowers should conduct a thorough review of loan terms before finalizing an agreement.

How a Personal Loan Can Assist You

Unexpected financial obligations, such as medical bills or vehicle repairs, can arise without warning. Additionally, some borrowers may seek financing for planned expenses, such as home renovations, significant purchases, or debt consolidation.

Our platform is designed to streamline the loan application process, allowing borrowers to access a wide range of lending partners and explore loan options of up to $100,000. In some cases, funds may be disbursed as soon as the next business day, depending on the lender’s approval process and policies.

Important Information

We Are Not a Lender

This website does not function as a direct lender but rather serves as a loan marketplace, connecting borrowers with a network of independent lending partners. When a loan request is submitted through our platform, we facilitate access to potential lenders who may offer loan products aligned with the borrower’s financial profile.

Disclaimer

We do not influence, determine, or guarantee loan terms, interest rates, or fees, as these are established solely by the lender. This website does not make loan offers, broker loans, or make credit decisions. The operator of this website does not act as a lender, broker, agent, or representative of any lender, nor does it endorse specific lending products.

Submitting a loan request through this platform does not guarantee loan approval. The final determination of eligibility, loan terms, and rates is made exclusively by the lender.

This website does not constitute an offer or solicitation to provide financial services. Borrowers should carefully review all loan terms and conditions before proceeding with a loan agreement.

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Phone: Customer Service