Idaho Auto Equity Loans

Woman with yellow sunglasses smiling from a car windowWoman with yellow sunglasses smiling from a car window

“I have been coming to Moneytree for years and I recommend this location.”

Chardine I.
Post Falls, ID

Borrow Up to $25,000 Today

How the Auto Equity Loan Process Works

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Application

Apply at one of our local Branches.

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Approval

Once your loan verification documents are received, approval only takes minutes.

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Cash in Hand

You choose how to get your money: deposited to your bank, prepaid debit card or pick up in a Branch.

Auto equity loans are available up to $25,000.*

You can borrow any amount up to your loan limit. Your loan limit will be established based on:

  • Your income;
  • The information you provide on your loan application;
  • Your credit history with Moneytree; and
  • The information in your consumer report provided by a consumer reporting agency; and
  • The value of your collateral (secured loans only).

Your loan limit may change if any of the above changes.

* Your loan limit is based on the combination of the value of your vehicle, the information from the loan application and your gross monthly income.

LOANS UP TO 25,000**

The amount of payments will vary based on the loan amount, the number of payments and the length of the loan. Using a $500 loan with biweekly payments as an example:

12 Month Loan Term: A $500 loan would cost $1,014.08 which includes finance charges of $514.08 and is based upon you agreeing to make 25 payments of $38.99 due every two weeks and one final payment of $39.33 with an APR (Annual Percentage Rate) of 159.76%.*

*The Annual Percentage Rate ("APR") is the cost of your loan expressed as a yearly rate. The actual APR for your loan may be higher or lower than this example, depending on the actual amount you borrow and your actual repayment schedule.

**Your loan limit is based on the combination of the value of your vehicle, the information from the loan application and your gross monthly income.

Moneytree Consumer Loan Comparison Chart

  PAYDAY LOAN SIGNATURE LOAN TITLE LOAN AUTO EQUITY LOAN INSTALLMENT LOAN SIGNATURE INSTALLMENT LOAN
Loan Amount $1 - $1,000 $1 - $1,000 $1 - $500 up to $25,000 ** $100 - $5,000 $50 - $2,000
Cost $16.50 per $100 Information iconA payday loan costs $16.50 per $100 borrowed. For example, a $100 loan due in 14 days would have a total repayment of $116.50 and has an APR (Annual Percentage Rate) of 430.18%.* $22 per $100 Information iconA signature loan costs $22 per $100 borrowed. For example, a $100 loan due in 14 days would have a total repayment of $122 and has an APR (Annual Percentage Rate) of 573.57%.* $25 per $100 Information iconA title loan costs $25 per $100 borrowed. For example, a $500 loan due in 30 days would have a total repayment of $625 and has an APR (Annual Percentage Rate) of 304.17%.* Daily Simple Interest 0.44% Information iconThe amount of payments will vary based on the loan amount, the number of payments and the length of the loan. Using a $500 loan as an example: 12 Month Loan Term - A $500 loan would cost $1,014.08 which includes finance charges of $514.08 and is based upon you agreeing to make 25 payments of $38.99 and one final payment of $39.33 with an APR (Annual Percentage Rate) of 159.76%.* Daily Simple Interest 0.712% Information iconThe amount of payments will vary based on the loan amount, the number of payments and the length of the loan. Using a $500 loan as an example: 12 Month Loan Term - A $500 loan would cost $1,471.54 which includes finance charges of $971.54 and is based upon you agreeing to make 25 payments of $56.59 and one final payment of $56.79 with an APR (Annual Percentage Rate) of 272.17%.* Daily Simple Interest 0.89% Information iconThe amount of payments will vary based on the loan amount, the number of payments and the length of the loan. Using a $500 loan as an example: 12 Month Loan Term - A $500 loan would cost $1,759.52 which includes finance charges of $1,259.52 and is based upon you agreeing to make 25 payments of $67.74 and one final payment of $66.02 with an APR (Annual Percentage Rate) of 337.44%.*
Terms Available Next payday Next payday 30 days 12 months 12 months1 12 months1
No. of Payments 1 1 1 1 per payday 1 per payday 1 per payday
Renewal or Refinance Option? Yes Yes No Yes Yes Yes

1Installment Loans are available with a 12-month loan term. Once approved, you may choose to borrow a lesser amount for a shorter term.

*The Annual Percentage Rate (“APR”) is the cost of your loan expressed as a yearly rate. The actual APR for your loan may be higher or lower, depending on the actual amount you borrow and your actual repayment schedule.

** Your loan limit is based on the combination of the value of your vehicle, the information from the loan application and your gross monthly income.

  • ID and social security number (or alien registration number or ITIN)
  • Physical address & contact phone number
  • Documents to verify the source and amount of your income
  • Open checking account information
  • Clear vehicle title (auto equity loan)

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Secure

Moneytree is a direct lender and never sells your information.

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Licensed

We're licensed by the Idaho Department of Finance.

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Fast

Our Team will let you know in minutes how much you qualify to borrow.

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Service

Our Mission is to exceed your expectations. Visit a Branch today and learn more from one of our knowledgeable and friendly Tellers!

Questions about online payday loans? Call our Customer Service Team at 800-745-1011.

Click to View Sample Loan Fees

Due to limitations imposed by the Military Lending Act, Moneytree does not make loans to "covered borrowers," a term which includes active duty members of the military, their spouses and dependents. Learn More.

Idaho FAQs

Moneytree is licensed by the Idaho Department of Finance. Licensing information is available upon request. Moneytree is registered with the federal government as a Money Services Business (MSB).

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.

Online Payments

  • Loans scheduled to be paid by ACH or post-dated check: Payments can be made online at moneytreeinc.com/payments on or before 1 PM PST on the payment due date using your debit card.
  • Loans scheduled to be paid in cash: Payments can be made online on or before 11 PM PST.

Telephone Payments

  • Loans scheduled to be paid by ACH or post-dated check: Call Customer Service at 1-800-745-1011 before 2 PM PST on or before the payment due date to make a telephone payment using your debit card.
  • Loans scheduled to be paid in cash: Call Customer Service at 1-800-745-1011 before 11 PM PST on or before the payment due date to make a telephone payment using your debit card.

Payment options vary depending on your loan agreement.

Auto Equity Loan 

  • You may authorize ACH debit payments or set up cash payments at loan origination.
  • If you choose ACH payments, you may make your loan payment in cash, or using your debit card, before the deposit time on the due date in any Moneytree Branch.
  • If you choose cash payments you may make your loan payment in cash, or using your debit card, before the end of business on the due date in any Moneytree Branch.
  • Make your loan payment online using your debit card.
  • Make your loan payment over the phone using your debit card.

Auto equity loans may be refinanced up to six (6) times, after which time the loan must be repaid in full before additional credit may be extended.

You can prepay your loan in full prior to the due date with no prepayment penalty.

Your loan will be due on the date set forth in the loan agreement.

Auto Equity Loan

Payment due dates are based on your pay schedule with payments due on each payday (or next calendar day) throughout the term of the loan.

Your loan limit will be established based on:

  • Your income
  • The information you provide in the loan application
  • Your credit history with Moneytree
  • The information in your consumer report provided by a consumer reporting agency
  • The value of your collateral (secured loans only)

You can borrow any amount up to your loan limit. Your loan limit may change if any of the above changes.

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Online loans not available in all states. For the complete list of available loans, rates and terms, click the page for your state of residence:

California: A payday loan costs approximately $17.65 per $100 borrowed. For example, a $100 loan due in 14 days would have a total repayment amount of $117.65 and has an APR (Annual Percentage Rate) of 460.16%.* Moneytree, Inc. is licensed by the Department of Business Oversight pursuant to the California Deferred Deposit Transaction Law to make consumer loans. Licensed by the Department of Business Oversight pursuant to the California Finance Lenders Law to make business loans. Loans made or arranged pursuant to a California Financing Law license.

Colorado: The amount of payments will vary based on the loan amount, the number of payments and the length of the loan. Using a $500 loan with a 10% acquisition charge and a 98-day loan term as an example: A $500 loan would cost $595 which includes finance charges of $95, consisting of the acquisition charge and three installment account handling charges, and is based upon you agreeing to make seven payments of $85 due every two weeks, with an APR (Annual Percentage Rate) of 118.25%.*

Idaho: A payday loan costs $16.50 per $100 borrowed. For example, a $100 loan due in 14 days would have a total repayment of $116.50 and has an APR (Annual Percentage Rate) of 430.18%.*

Nevada: A payday loan costs $16.50 per $100 borrowed. For example, a $100 loan due in 14 days would have a total repayment of $116.50 and has an APR (Annual Percentage Rate) of 430.18%.*

Washington: A payday loan costs $15 per $100 borrowed up to $500, and $10 per $100 on the amount over $500. For example, a $100 loan due in 14 days would have a total repayment amount of $115 and has an APR (Annual Percentage Rate) of 391.07%.*

Customer Notices:
There are a wide variety of loan products available in the marketplace, so your choice of lending products should match your financial needs. Small-dollar loans used over a long period of time can be expensive.

Payday Loans, High-Interest loans and Title Loans should be used for short-term financial needs only and not as a long-term financial solution. Customers with credit difficulties should seek credit counseling before entering into any loan transaction.

To view our Privacy Policy, please visit our Privacy Policy page.

For Customer Service, please contact us at 1-800-745-1011.

*The Annual Percentage Rate ("APR") is the cost of your loan expressed as a yearly rate. The actual APR for your loan may be higher or lower, depending on the actual amount you borrow and your actual repayment schedule.