Rates & Fees
Submitting a loan application for an instant payday at InternetPayday.com doesn’t cost a thing. InternetPayday.com is not an actual payday lender; rather, we connect you with our extensive database of trusted lenders in order to find one that fits your loan needs specifically. This saves you not only the time normally spend travelling from one store to another comparing prices, but also money. You can always before you are getting the best rates available.
Your Rates and Fees
All of the interest rates and fees that are associated with your loan are determined by you loan lender. Since it is not an actual payday loan lender, InternetPayday.com does not dictate the interest rates and fee amounts of your loan. Questions regarding the exact terms and fees of your payday loan should be sent to the lender a customer has borrowed from. To give customers some idea of the interest rates frequently associated with the loans, we have created the following chart. Please note that the numbers are only projections. The actual interest rates for an individual loan may differ.
Full Disclosure Prior to Signing
At the time of approval by your chosen lender, every rate and fee that will be incurred by your loan will be revealed. There will not be a single surprise charge. When you’ve completed your search and had your application approved, you will be supplied with an e-signature page from your lender. This page will document every rate and fee connected to the loan lender from the InternetPayday.com network. At this time, you should review the rate and fee information given by your lender completely before you agree to the terms of your loan. If the terms are unsatisfactory, you don’t have to accept them. If all the terms associated with the loan are reasonable enough to continue with the loan procedure, then type your e-signature to the page. Then all you’ll have to do is wait for your instant payday loan to be deposited in the bank account you select.
Due to the Truth in Lending Act, all lenders are required to reveal all interest rates, financing fees, and other details associated with their loans. Should the terms not be to your liking, you have no obligation to continue with the application procedure.
Individual Lenders and State Regulations
Depending on the lender you choose, the interest rates and fees may be different. Bank loans usually have smaller interest rates than lenders associated with InternetPayday.com, but that is because bank loans are not easily assessable on a short deadline with strict terms and requirements. With an instant payday loan, your cash is available within 24 hours. Compared to the weeks a bank can take to approve your application and give you your money, it’s a much better deal. InternetPayday.com never charges any fees. It is completely free to view the results of your search of loan lenders.
It is important to research your local laws and regulations associated with receiving instant payday loans. States determine the amount of interest rates and loan fees that you can be associated with payday loans.
No Credit Score Required
One common misconception of receiving a instant payday loan is that having a bad credit rating will result in a higher interest rate. In reality, there will never be a credit score requirement with InternetPayday.com, so your credit score cannot affect the loan rates, fees, or even a consumer’s ability to receive loan approval. You can get an instant payday without any undo hassles.
Note: “One hour cash,” “instant loan” and other disbursal time estimates indicate possible disbursal rates. Actual disbursal may vary, but will arrive no later than the following business day.