Rates & Fees
Prices and fees
This service is not a lender and never makes credit decisions. For this reason, the service cannot provide website users with any information regarding rates and fees associated with specific short-term lending products and offers provided by lenders associated with website users. However, we make every effort to ensure that lenders on our network strictly comply with all applicable international, federal, regional and local regulations and laws and can ensure fair credit practices in the industry.
Short-term loans should be used as a temporary financial instrument and can become very expensive if this financial product is used on additional terms. Typically, this loan is associated with relatively high financial costs, rates and commissions. For this reason, the industry is strictly regulated at the federal, state and local levels. Moreover, the number or organizations, both governmental and non-governmental, that provide control over agents in the industry and establish best practices and regulatory procedures are constantly growing and evolving.
We provide site users with a variety of resources and training materials that can help them explore the industry and better understand their options to gain a positive lending experience. Thus, we recommend using the websites of the Federal Trade Commission and the Bureau of Financial Consumer Protection, the two government agencies responsible for developing and enforcing laws and regulations governing short-term lending and protecting consumers from unfair lending practices and discrimination.
To protect consumers from unfair lending practices, many states have implemented their own rules in addition to federal laws. Individual states may regulate conditions, including, but not limited to, the maximum allowable loan amount, the fees that lenders may apply to loans, the number of extensions and term specifications available, the overdue fees that may apply, and the number of outstanding loans that consumers may have at any one time. Click on the link to this official website and this resource to get all the necessary information about the rules in your state. Please check before applying for a loan, as these rules may be changed at any time.
Countries where short-term cash loans are prohibited include, but are not limited to, Arkansas, New York, Vermont and West Virginia. This list is not exhaustive and is subject to change at any time without notice. Please check the official websites listed above to keep abreast of changes in national legislation regarding short-term lending.