OUR POLICY

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Loan Duration . Our loans are available for a minimum of 45 days and up to a maximum of 180 days, unless otherwise agreed upon.

Annual Percentage Rate (APR) : 

We typically offer an annual interest rate of approximately 30% APR. at a maximum of 3000$ , For unpaid amounts, the applicable interest rate is 2.66% per month, which equates to 28% annually.

Additional Information:

Loan Renewal . Loan renewal is not automatic. If you wish to extend your loan, you must submit a request.

Insufficient Funds Charge (nsf) : A fee of $55 will be applied for any instances of insufficient funds.

Non-Payment Protocol: In the event of non-payment, a collections agency may contact you to recover the outstanding amount.

Service Charge: If your loan application is approved, a service charge will be applicable.

Our company is in compliance with Florida State Laws, regulations and legal standards. If a particular situation arises during your repayment period, our collection department will establish a repayment agreement with you based on your situation. Should the debtor default on one of any repayments under this contract, the creditor can demand full payment of any outstanding balance, capital, interest and costs. All judicial and extrajudicial costs that could be reasonably incurred by the creditor as a result of defects in a contract by the debtor, will be claimed and returned to the creditor from the debtor. In the event that no payment agreement is possible between the debtor and the creditor, the creditor may assign the file to a collection agency, which may affect the debtor’s credit rating/score.

Used responsibly, short term loans may be the right solution for you.

However, short term loans have higher rates of interest and fees than loans obtained through a local chartered financial institution. This type of service should be used as infrequently as possible or in the case where no other alternative solution, at lower rates of interest, are available to you.