Loan Information, Rates & Costs
Understand Potential Loan Costs Before You Apply
Loan amounts, annual percentage rates, fees and repayment terms can vary depending on the participating lender, your state and your individual financial circumstances.
Smartpaydaycash is not a lender and does not make lending or credit decisions. We provide an online referral and matching service that may connect consumers with participating lenders or lending partners.
Submitting a request does not guarantee approval, an offer, a particular loan amount or specific terms.
Key Loan Information
Potential loan details may include:
Available Loan Amounts
$100 – $5,000
Potential APR
Rates vary by lender, state and applicant
Repayment Period
Terms may vary and can include multi-month repayment options
Service Fee
No upfront fee is charged by Smartpaydaycash for submitting a request
Approval
Subject to individual lender requirements and applicable laws
The actual loan amount, APR, fees and repayment schedule will be determined by the lender making the offer.
Representative Loan Cost Examples
The examples below are for illustration only. They are not an offer or guarantee of the terms you may receive.
| Loan Amount | Example Term | Example APR | Estimated Fee* | Example Monthly Payment | Example Total Payments |
|---|---|---|---|---|---|
| $500 | 6 months | 24.99% | $35 | $89.50 | $537.00 |
| $1,000 | 12 months | 18.23% | $80 | $91.85 | $1,102.20 |
| $2,500 | 18 months | 26.99% | $200 | $170.50 | $3,069.00 |
| $5,000 | 24 months | 35.99% | $450 | $295.20 | $7,084.80 |
*Illustrative examples only. Actual rates, fees, monthly payments and total repayment amounts may differ. Your lender will provide the specific terms applicable to your offer.
Understanding Your Loan Terms
If you are matched with a lender and receive an offer, the lender will provide documents containing the complete terms of the loan.
These documents may include:
- Annual Percentage Rate (APR)
- Finance charges
- Origination or other applicable fees
- Payment amount and frequency
- Total amount to be repaid
- Due dates
- Late-payment fees
- Default provisions
- Renewal or refinancing conditions, where permitted
Review all loan documents carefully before accepting an offer or electronically signing a loan agreement.
Late Payments and Non-Payment
Failure to make payments according to your loan agreement may result in additional charges or other consequences, subject to the lender's agreement and applicable state law.
Depending on the lender and applicable regulations, late or missed payments may:
- Result in additional fees or interest
- Affect your payment history
- Be reported to credit reporting agencies
- Lead to collection activity
- Increase the overall cost of borrowing
Contact your lender directly if you anticipate difficulty making a scheduled payment.
Loan Renewals and Rollovers
Loan renewal, refinancing or rollover policies vary by lender and state.
Some states restrict or prohibit certain types of loan renewals or rollovers. Do not assume that a loan can automatically be extended or renewed.
Before accepting an offer, review the lender's agreement to understand whether renewal, refinancing or rollover options are available and what additional costs may apply.
Important Loan Information
Smartpaydaycash is not a lender and does not make lending or credit decisions. Actual loan amounts, APRs, fees, repayment schedules and other terms are determined by the participating lender.