Customers with credit difficulties should seek credit counseling before entering into any loan transaction. Payday Loans, High-Interest loans and Title Loans should be used for short-term financial needs only and not as a long-term financial solution. For example, a $100 loan due in 14 days would have a total repayment amount of $115 and has an APR (Annual Percentage Rate) of 391.07%.*
Washington: A payday loan costs $15 per $100 borrowed up to $500, and $10 per $100 on the amount over $500. For example, a $100 loan due in 14 days would have a total repayment of $116.50 and has an APR (Annual Percentage Rate) of 430.18%.*
Nevada: A payday loan costs $16.50 per $100 borrowed. For example, a $100 loan due in 14 days would have a total repayment of $118.50 and has an APR (Annual Percentage Rate) of 482.32%.* Idaho: A payday loan costs $18.50 per $100 borrowed.
Using a $500 loan with a 10% acquisition charge and a 98-day loan term as an example:Ī $500 loan would cost $595 which includes finance charges of $95, consisting of the acquisition charge and three installment account handling charges, and is based upon you agreeing to make seven payments of $85 due every two weeks, with an APR (Annual Percentage Rate) of 118.25%.* For example, a $100 loan due in 14 days would have a total repayment amount of $117.65 and has an APR (Annual Percentage Rate) of 460.16%.* Moneytree, Inc., is licensed by the Department of Financial Protection and Innovation pursuant to the California Deferred Deposit Transaction Law to make consumer loans.Ĭolorado: The amount of payments will vary based on the loan amount, the number of payments and the length of the loan. **Your loan limit is based on the combination of the value of your vehicle, the information from the loan application and your gross monthly income.įor the complete list of available loans, rates and terms, click the page for your state of residence:Ĭalifornia: A payday loan costs approximately $17.65 per $100 borrowed. The actual APR for your loan may be higher or lower, depending on the actual amount you borrow and your actual repayment schedule. *The Annual Percentage Rate ("APR") is the cost of your loan expressed as a yearly rate. Using a $500 loan with biweekly payments as an example: 3 Month Loan Term - A $500 loan would cost $771.04 which includes finance charges of $271.04 and is based upon you agreeing to make 5 payments of $128.51 due every two weeks and one final payment of $128.49 with an APR (Annual Percentage Rate) of 363.48%.*ġ Title Loans are currently available in participating Nevada Branches. Using a $500 loan with biweekly payments over a 6 month term as an example: A $500 loan would cost $862.74 which includes finance charges of $362.74 and is based upon you agreeing to make 14 payments of $57.52 due every two weeks and one final payment of $57.46 with an APR (Annual Percentage Rate) of 201.44%.*ĭaily Simple Interest 1% The amount of payments will vary based on the loan amount, the number of payments and the length of the loan. For example, a $100 loan due in 14 days would have a total repayment of $122 and has an APR (Annual Percentage Rate) of 573.57%.*ĭaily Simple Interest 0.555% The amount of payments will vary based on the loan amount, the number of payments and the length of the loan. $22 per $100 A signature loan costs $22 per $100 borrowed.
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