Idaho Installment Loans
How the Installment Loan Process Works
Installment Loans are available from $100 to $5,0001
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
- The information in your consumer report provided by a consumer reporting agency
Your loan limit may change if any of the above changes.
1Subject to qualifications and limitations.
Loans Range from $100 - $5,0001
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:
12 Month2 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 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.
1Subject to qualifications and limitations.
2 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.
Moneytree Idaho 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 | $18.50 per $100 * | $24 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.
- 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
Secure
Moneytree is a direct lender and never sells your information.
Licensed
We're licensed by the Idaho Department of Finance.
Fast
Our Team will let you know in minutes how much you qualify to borrow.
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 installment loans? Call our Customer Service Team at 1-800-745-1011.
Click to View Sample Loan Fees
1Subject to qualifications and limitations.
Instant Funding is not available for all debit cards. Subject to limitations. Some restrictions may apply. Processing times vary. In most instances funds are transferred in approx. 30-45 minutes, but can take longer. Moneytree is not responsible for bank posting delays or errors.
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, 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.
Online Payments
- Online payments may be made at moneytreeinc.com/payments before 2:45 PM PT on the loan payment due date using your debit card.
Telephone Payments
- Loans scheduled to be paid by ACH, debit cards or post-dated check: Call Customer Service at 1-800-745-1011 before 2 PM PT on 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 PT on the payment due date to make a telephone payment using your debit card.
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 register online, 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.
- You may authorize ACH debit payments, debit card payments or set up cash payments at loan origination.
- Make your loan payment in cash, or using your debit card, before the deposit time 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.
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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P.O. Box 58443, Seattle, WA 98138