Our loans are not standard or cheap, but the cost is much lower than predatory payday loans or internet installment loans. The costs of your loan fall into two categories: fees, which are the same no matter how much money you borrow; and interest and principal payments, which change based on how much money you borrow.
Our payment scale compared to a payday lender’s:
|Balance||Interest/Principal||Monthly Fee||Monthly Payment||Compare to Payday – Every 2 Weeks|
|400.00||20.00||35.00||55.00||120/every 2 weeks|
|800.00||40.00||35.00||75.00||240/every 2 weeks|
|1200.00||60.00||35.00||95.00||360/every 2 weeks|