FAQ

Payday loans are small, short-term credit products with high interest rates. It’s supposed you pay them off on your next payday in one lump sum. Personal loans are long-term and carry lower interest rates and are supposed to be repaid at a fixed rate over a certain amount of time in fixed monthly payments.

The amount you can borrow depends on both state regulations and a lender. Your financial situation also determines how much you will be allowed to borrow. Personal loans allow you to borrow larger amounts than payday short-term loans.

Interest rates vary by lender and depend on a few factors such as your credit score, credit history, debt-to-income ratio, income, the amount you borrow and the terms of your loan.

Personal loans are multipurpose. They allow you to pay for any unexpected expenses, bills, big purchases and special occasions.

The money will be deposited directly into your bank account in as little as the next business day. Make sure you have an active bank account before submitting a request.

After finalizing your loan, you can expect your money be directly deposited to your bank account in as little as one business day.