Rates and Terms

– Minimum loan available to Missouri customers: $100.00

– Maximum loan amount available to Missouri customers: $1500.00

– Loan Terms are Approximately 4-10 months

– * All Fees, Interest and Loan Terms are subject to vary by state

– Actual loan terms may vary based on applicant’s qualifications.

– Number of payments is determined by your employment pay frequency. Your loan will be contracted for at least 120 days, this is required by law.

– You may pre-pay your loan at any time without penalty and only pay interest accrued up to the date of in which you have incurred.

– We are a direct lender in the state of Missouri.

– Please see below for additional loan details –

Please note:

For persons residing in the State of Texas, Cash Lane Texas LLC (“CL”) will NOT be the direct lender on any loan or credit extension that you may be offered from this website or CL. Cash Lane Texas LLC is a Credit Access Business (“CAB”) and Credit Service Organization (“CSO”) and will attempt to find you a loan at a rate under 10% interest with a third party lender. Cash Lane Texas LLC will fund, service and collect payments on the loan and provide a guarantee to the third party lender for your loan. Call Cash Lane Texas LLC 888-729-4929 for any questions or inquiries on your loan

Loan Amount and Duration:

The average Loan amounts for Texas range from $100 to $1000. The loans typically have a 120 day repayment schedule with substantially equal payments. If timely payments are made, the final scheduled payment will payoff the loan in full . Once your application and income are reviewed, you will be notified of the amount you are eligible for. Loan Terms are Approximately 4-10 months.

Interest Rates and Fee:

The third party lender charges an interest rate not to exceed 10% and the CSO/CAB charges a fee which is charged when you take out the loan and on each scheduled payment based on a percentage of the actual outstanding principal balance. For example, if your income is paid bi-weekly, the CAB fees will be approximately $20-25 per $100 of the outstanding principal balance assessed when you take out the loan and for each scheduled payment. If your income is paid monthly, the CAB fees will be approximately $40-45 per $100 of the outstanding principal balance assessed when you take out the loan and for each scheduled payment.

APR / Annual Percentage Rate:

Total Interest and CSO/CAB Fees Rate: Combining both the Interest Rate and CSO/CAB Fees express as an Annual Percentage Rate. The APR may be 599% APR however rates and interest may vary based upon on the loan amount and applicant’s qualifications.

Prepayment.

You may payoff your Loan at any time prior to the final payment date without penalty and pay the interest that have accrued up to the date of your payoff. Please note that the initial CSO fee is earned when you received your loan (unless you rescind your loan) and CSO Fees are charged to you on every scheduled payment date. You have the right to cancel your loan without penalty or fee within three days of signing the Loan Agreement. To cancel you must notify the CSO AND return the principal amount of the loan you received. If you do not return the principal within this time period, you loan will not be cancelled.

Examples of Loans for Texas

CLICK on the links below for to display the costs associated with Sample Texas Loans on the Consumer Disclosure Forms required by Texas Law. Please note the CAB/CSO Fees, the Interest, APR, loan amount and loan term will vary based on our your application, qualification and income.