Repaying Your Loan
It's during the assessment of your application that we determine the best repayment method for your $500 loan. Thus, depending on the frequency of your paychecks, we could offer you, for example:
- 6 weekly payments of $115.08. Your loan will be repaid in 6 weeks.
Or
- 4 bi-weekly payments of $173.85. Your loan will be repaid in 8 weeks.
This information is provided as an example and may vary from case to case, depending on brokerage fees. You can also repay your loan more quickly without any penalty. Increasing even a single minimum payment will result in less interest being paid.
Your commitment to repay the loan is made during the electronic signing of the contract. It's crucial that you read all terms and conditions related to loan repayment.