Fees & Charges
Below is the representative example:
Borrow $5,000 for 12 months, repay with monthly payments of $433.79, with an annual percentage rate (APR) of 7.50%, for a total repayment cost of $5,205.45
Rates And Fees
APR and fees depend on your credit rating, FICO score, state where you live, repayment period, monthly income and more. Loansion.com works with several lenders that adhere to applicable state and federal laws. Each state has different limitations on APR and other fees and you should review them before applying for a loan. The APR range are between 7% to 35%, with longer than 60 days and maximum 30 months repayment terms. The Truth in Lending Act requires that all our lenders disclose loan fees, interest rates and other charges. After seeing the offer, You are under no obligation to take the loan. Make sure you understand all the terms and conditions before taking a loan and never take a loan you cannot repay.
Loansion.com does not charge any fees for using our services. We simply match you with appropriate lenders within our lenders network based on your application and credit score. We do not have any impact or control over loan fees, the costs of your loan or annual percentage rate of your loan. The fees and rates associated with your loan will vary, based on numerous factors and are usually higher (on a percentage basis) than traditional bank loans such as a mortgage or home equity loan. These details will be explained thoroughly by your lender upon approval of your loan.
Please thoroughly review all the information provided by the lender in the agreement including the loan amount, fees, rates and all other details. There is no obligation to accept these terms until you approve the agreement. If you have a question or concern regarding the loan amount, fees or rate, please contact the lender directly. We expressly disclaim any and all liability related to your application or representations made by any lenders to whom you may contact.