What if I default on my loan? (Idaho)

Payday Loan:
If your check or ACH returns unpaid, you will be charged a one-time $20 fee.

Signature Loan:
There is a ten (10) day grace period after the due date during which your loan may be repaid in full at no additional cost. If the loan remains unpaid at the end of the grace period, you will be charged $12.50 or 5% of the amount of the loan, whichever is greater.

Installment & Signature Installment Loan:
There is a ten (10) day grace period after the payment due date during which your loan payment may be paid in full at no additional cost. If the loan payment remains unpaid at the end of the grace period you will be charged $10 or 5% of the amount of the outstanding payment, whichever is greater.

Auto Equity Loan:
There is a ten (10) day grace period after the payment due date during which your loan payment may be paid in full at no additional cost. If the loan payment remains unpaid at the end of the grace period you will be charged $10 or 5% of the amount of the outstanding payment, whichever is greater.
You can reach Moneytree’s Payment Center at 1-888-516-6643 for more information.

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