It is not required by any federal, state or local law. Our lenders may offer you a loan with an APR between 20 and 300. The APR on a small dollar, short term loan represents the amount of your loan, cost of the loan, term of the loan and repayment amounts and timing. Loans on the lower end of the APR range may be for a larger loan amount and for a longer term.
Loans on the higher end of the APR range may be for a smaller loan amount and for a shorter term. Depending on your credit needs and desire to pay your loan off quickly, your lender may only offer you loans with an APR near the high end of the range noted above.
This is an expensive form of credit. A short term loan should be used for short term financial needs only, not as a long term financial solution.
Customers with credit difficulties should seek credit counseling personal loans dothan alabama meet with a nonprofit financial personal loans dothan alabama service in their community. You are encouraged to consult your states consumer information pages to learn more about the risks involved with cash advances.
Payday loans charge a finance fee, which ranges from 10 to 30 for each 100 you borrow. We chose to include this fee rather than APRs to give you a better idea of how much youll end up personal loans dothan alabama if you decide to get a payday loan. Many of these lenders offer additional products, including installment loans, lines of credit and check cashing.
Installment loans are paid back bi-weekly or over several months. They are larger than payday loans but are often as expensive or more so. Over the course of paying back an installment loan, you often pay double the amount you borrowed.
Specific lenders may also personal loans dothan alabama different rates and Terms and Conditions. Please ask your lender for all information related to your loan before agreeing to a loan.
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Once you submit your information, you will be redirected to the lender's website where you can review the terms of the loan, including details about all the applicable rates and fees. If you accept these personal loans dothan alabama, the lender will deposit money directly into your bank account as quickly as the next business day. Every inquiry received is handled with care and speed. Your Loan, Your Business.