Rates, Fees & Disclosures
Annual Percentage Rate (APR) Explanation
The Annual Percentage Rate (APR) reflects the total annualized cost of borrowing funds, incorporating the base nominal interest rate alongside administrative or origination fees. Under the federal Truth in Lending Act (TILA), all lending partners are required by law to provide a written schedule of their APR, payment terms, and complete finance charges before any agreement is executed.
Typical personal and installment loans offered through our referral network range with APRs between 5.99% and 35.99% for qualified consumers, with repayment periods from 61 days up to 72 months.
Representative Loan Repayment Example
| Borrowed Amount | Term Length | Representative APR | Monthly Payment | Total Repayment Amount |
|---|---|---|---|---|
| $1,000.00 | 12 Months | 24.00% | $94.56 | $1,134.72 |
| $2,500.00 | 24 Months | 19.99% | $127.32 | $3,055.68 |
| $5,000.00 | 36 Months | 15.49% | $174.51 | $6,282.36 |
State Specific Disclosures: Alabama
Small installment loans and short-term credit solutions originated within Alabama are subject to regulatory oversight by the Alabama State Banking Department under the Alabama Small Loan Act (Ala. Code § 5-18-1 et seq.) and related state statutes. Lending terms and finance charges are bounded by state statutory maximums.
Late Payment & Non-Payment Policy
Missing a scheduled loan payment can adversely impact your credit rating and trigger late charges as specified in your loan agreement. If you are unable to make a timely payment, you must contact your direct lender immediately to discuss relief options or revised schedules.