Moneytree works hard to be the best provider of payday loans and other financial services. Whether you apply online or in a Branch, a Moneytree Payday Loan is fast, simple and secure.

What do I need to apply?

As part of the application process, you will need to provide the following:
 
  1. Your ID and Social Security Number (or Alien Registration Number or ITIN)
  2. Your address and phone number(s)
  3. Your source(s) of income
  4. An open checking account
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

 

Have a question?

Contact our Customer Service Team between 6am and 11pm PT, seven days a week.

  • Phone: 877.613.MONY (6669)
  • Email: comments@moneytreeinc.com

What is the term of a payday loan?

The term of a payday loan is determined by the frequency of your paydays. If your next payday is within 9 days from the date you take out the loan, you can choose to repay your loan on the subsequent payday. 

 

How much does a payday loan cost?

The fee for a payday loan is $16.50 per $100 borrowed. This means the APR (annual percentage rate) for a 14-day loan would be 430.18%.*

Click to view SAMPLE LOAN FEES

*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.

Customer Notice: A single payday advance is typically for two to four weeks. However, borrowers often use these loans over a period of months, which can be expensive. Payday advances are not recommended as long-term financial solutions.

Moneytree is licensed by the Idaho Department of Finance and registered with the federal government as a Money Services Business (MSB).

Moneytree is a member of the Community Financial Services Association (CFSA), the Financial Service Centers of America (FiSCA), California Financial Service Providers Association (CFSP), and the Colorado Financial Services Centers Association (COFiSCA). Moneytree actively supports laws, regulations and industry best practices that protect consumers and preserve access to credit. As a member of the Community Financial Services Association of America (CFSA), our company encourages responsible industry practices and proudly supports and abides by CFSA’s Best Practices.

 

Idaho FAQ

Can I make payments online or by phone?

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 Pacific Time on the payment due date using your debit card or checking account.
  • Loans scheduled to be paid in cash: Payments can be made online on or before 11 pm Pacific Time.
Telephone Payments
  • Loans scheduled to be paid by ACH or post-dated check: Call Customer Service at 1.800.745.1011 before 2 pm Pacific Time 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 Pacific Time on or before the payment due date to make a telephone payment using your debit card.

Can I pay off my loan before it is due?

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

Can I renew or refinance my loan?

For a payday loan or signature loan, in certain cases, you may renew your loan by paying the additional fee to extend the loan due date until your next payday. Payday loans may be renewed at any time before your loan check is sent to the bank or your electronic transaction is deposited. If you contracted for cash payments, you may extend the term of your loan by paying the additional fee at any time prior to the close of business on the loan due date. You may renew your loan a maximum of three (3) times. After three renewals, the loan must be paid in full. 

Installment loans and 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. 

A title loan cannot be refinanced.
 

How do I repay my consumer loan?

Payment options vary depending on your loan agreement. 

Payday Loan 
  • Write a post-dated check at loan origination for repayment. Your paper check will be turned into an electronic check for presentation to your bank. If you wish, you can opt to have your paper check physically deposited rather than electronically presented.
  • Repay your loan in full, in cash, or using your debit card, before the deposit time on the due date in any Moneytree Branch. 
  • Repay your loan in full online using your debit card or your checking account information. 
  • Repay your loan in full over the phone using your debit card. 
Signature Loan 
  • Repay your loan in full, in cash, before the end of business on the due date in any Moneytree Branch. 
  • If you have a checking account, repay your loan in full online using your debit card or checking account information. 
  • Repay your loan in full over the phone using your debit card. 
Installment Loan 
  • You may authorize ACH debit payments or set up post-dated check 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 or your checking account information. 
  • Make your loan payment over the phone using your debit card. 
Signature Installment Loan 
  • Make your loan payment in cash, or using your debit card, before the end of business on the due date in any Moneytree Branch. 
  • If you have a checking account, make your loan payment online using your debit card or checking account information. 
  • Make your loan payment over the phone using your debit card. 
Auto Equity Loan & Title 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 or your checking account information. 
  • Make your loan payment over the phone using your debit card. 

What if I can’t repay my loan on my due date?

If you are unable to pay your loan when it is due, Moneytree offers a payment plan for payday loans and signature loans. You must request a payment plan before the deposit time on the day your loan is due to restructure the payment terms to at least four (4) substantially equal payments for at least 60 days. There is no charge to enter into the payment plan. You can obtain additional details by contacting Customer Service at 1.800.745.1011 or by visiting a Branch.
 

What if I default on my loan?

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.
Title Loan
  • We have the option to repossess the car used as collateral for the loan if the loan payments are not made per the terms of the loan agreement.
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.

How do I repay my online Payday Loan?

Just as with receiving the loan proceeds, the process is automatic and convenient. An electronic withdrawal will be made from the account you provided to us on your loan application on the loan's due date via an ACH transaction. If you would prefer to pay from a different account, you may pay online. You can use a different checking account or pay with a Visa or MasterCard debit card. Online payments can be made until 1 pm Pacific Time on the loan payment due date. Phone debit payments can be made until 2 pm Pacific Time on the loan payment due date.

If you aren’t sure about your loan due date or the amount you owe, please call the Customer Service Team at 877.613.6669. They are available between 6am and 11pm, seven days a week.