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$300 loan over 6 bi-weekly payments of $90.21 at an APR of 32% for a total amount of $541.23. This example considers the $241.23 brokerage fees to be added to the borrowed capital. The broker sets their commission for each applicant at their own discretion regardless of interests due to the lender agency.
Lending companies partnering with us offer an annual interest rate of 32%. If unpaid, the applicable interest rate is 2.66% per month (32% per year).
Our installments based loans are repayable within period of 90 days. Terms can be modified if the client inquires.
Renewing your loan does not happen automatically, you need to request it.
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