Some states have laws limiting the Annual Percentage Rate (APR) that a lender may charge for a loan in those states APRs vary and may be up to 35.99%. in those states Rates for personal loans range between 4.99-35.99% APR with terms from 12 to 84 months. Rates presented include lender discounts for enrolling in autopay and loyalty programs, where applicable. Actual rates may be different from the rates advertised and/or shown and will be based on the lender’s eligibility criteria, which include factors such as credit score, loan amount, loan term, credit usage and history, and vary based on loan purpose. Those lowest rates typically require excellent credit, and for some lenders, may be reserved for specific loan purposes and/or shorter loan terms. The origination fee charged by the lenders ranges from 0% to 8%. Each lender has their own qualification criteria with respect to their autopay and loyalty discounts. All rates are determined by the lender and must be agreed upon between the borrower and the borrower’s chosen lender. For a loan of $10,000 with a three year repayment period, an interest rate of 7.99%, a $350 origination fee and an APR of 11.51%, the borrower will receive $9,650 at the time of loan funding and will make 36 monthly payments of $313.32. Assuming all on-time payments, and full performance of all terms and conditions of the loan contract and any discount programs enrolled in included in the APR/interest rate throughout the life of the loan, the borrower will pay a total of $11,279.43. As of March 12, 2019, none of the lenders on our platform require a down payment nor do they charge any prepayment penalties. Loans from a state that has no limiting laws or loans from a bank not governed by state laws vary and may have a much higher APR. APR rates are subject to change. Please carefully review your loan’s APR and loan terms. Not all lenders can provide these amounts and those terms, and there is no guarantee that you will be accepted by a participating lender.
Credit Implications. By submitting your information, you agree to allow participating lenders to verify your information and check your credit. Loans provided by independent, participating lenders in our network are designed to provide cash to you to be repaid within a short amount of time and are not a solution for long-term debt and credit difficulties. Only borrow an amount that can be quickly repaid. Consider seeking professional advice regarding your financial needs, risks and alternatives. Late Payments or Non-payment of loans may result in additional fees and/or collection activities.