Q: What do you charge and how long is the loan?
A: You can borrow for 6 months, and we will charge you 45% per year plus 7.5% of the principal for each month. You may repay at any time.
Q: How do I reloan once I've paid back?
A: Send us a new screen capture. Before you send the screen capture you'll be asked how much you want to borrow.
A: We set the payment up automatically. If you're in default, you can either contact us to schedule a new ACH, or you can send us a cheque. Keep in mind that if you repay by cheque you can't reborrow for 3 months.
Q: How bad can my credit be before getting denied?
A: The short answer is: if you don't pay back other payday lenders, we won't lend you money either. The long answer is, we are pretty flexible about credit reports and we understand that there are a lot of complicated things that happen in people's lives. We will often accept very negative credit reports, including people who have recently come out of bankruptcy. There's no hard line with us when it comes to bad credit.
A: We follow the state law which limits loans to $500.
