Learn about Cash Loans at
A cash loan is a small credit line with a short payment term. Usually ranging from $100 to $1,000, the loans are used to help those in need pay bills, make car repairs, cover household emergencies, or help with other financial emergencies. Short term loans are a good way of getting the money you need fast, but require that you repay the debt when your next paycheck arrives.
Our lenders may offer you a loan with an APR between 390% and 780%. A 14-day, $200 loan with interest and fees of $30 charged is an example of a loan with a 390% APR. The simple interest rate on this loan, however, is 15%. The APR is a measure of the interest one would pay if a loan was rolled over continually for the duration of a full year, which is not permissible by most state laws.
If you do not pay your loan according to its terms, your lender may:
- Charge you late fees
- Send your account to a collection agency
- Report your information to a consumer reporting agency, which may negatively affect your credit score
- Offer to renew, extend or refinance your loan, which may cause you to incur additional fees, charges and interest
Please refer to our Terms page for more detailed information.