Once your loan verification documents are reviewed, approval takes minutes.
You choose how to get your money: cash in hand or loaded onto your prepaid card.
You can borrow any amount up to your loan limit. Your loan limit will be established based on:
Your loan limit may change if any of the above changes.
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 and a 5% origination fee as an example:
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 due every two weeks and one final payment of $56.79 with an APR (Annual Percentage Rate) of 272.17%.* These calculations include the uniform daily fee plus a 5% origination fee, which is fully earned at origination but does not accrue interest and is paid by your regularly scheduled payments.
1 Installment 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 than this example, depending on the actual amount you borrow and your actual repayment schedule.
| 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 | $22 per $100 | $25 per $100 | Daily Simple Interest 0.44% | Daily Simple Interest 0.712% | Daily Simple Interest 0.89% |
| 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.
Moneytree is a direct lender and never sells your information.
We're licensed by the Idaho Department of Finance.
Our Team will let you know in minutes how much you qualify to borrow.
Our Mission is to exceed your expectations. Visit a Branch today and learn more from one of our knowledgeable and friendly Tellers!
Questions about installment loans? Call our Customer Service Team at 1-800-745-1011.
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.
Moneytree, Inc., 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).
Your loan will be due on the date set forth in the loan agreement. 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.
You can prepay your loan in full prior to the due date with no prepayment penalty.
Installment 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.
To verify or change your payment due date, please log in to your Moneytree online account. If you don’t have an online account, and wish to set one up, please call or visit any Moneytree Branch or contact our Customer Service Team at 1-800-745-1011.
Payment options vary depending on your loan agreement.
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.
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%.*
