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 renew my loan?

For a payday loan or a loan without a checking account, 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 at 3pm Pacific Time / 4pm Mountain Time. 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.

Does Moneytree abide by industry best practices?

Moneytree is a member of the Community Financial Services Association of America (CFSA) and the Financial Service Centers of America (FISCA). Moneytree actively supports laws, regulations and industry best practices that protect consumers and preserve access to credit. A copy of the industry best practices is posted in every branch.

Does Moneytree check my credit report as part of the loan application process?

Yes, for new loan applicants we make inquiries concerning your credit history and standing with consumer reporting agencies, and we may report information concerning your payment performance to credit reporting agencies. Applications for credit, late payments, missed payments or other defaults on your account may be reflected in your credit report.

How are loan due dates determined?

  • Payday Loan > The term is determined by the frequency of your paydays. Your loan will be due on your next payday or following business day. 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.  
  • Loan without a Checking Account > The term is determined by the frequency of your paydays. Your loan will be due on your next payday or following business day. 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.
  • Title Loan > Moneytree sets your payment due date 30 days from the loan origination date.
  • Auto Equity Loan > Payment due dates are based on your pay schedule with payments due on each payday (or the following calendar day) throughout the term of the loan. 
  • Installment Loan > Payment due dates are based on your pay schedule with payments due on each payday (or the following calendar day) throughout the term of the loan.

How do I qualify for a Moneytree consumer loan?

Generally, to qualify for any of Moneytree’s consumer loans you must provide us with a Social Security Number (or ITIN or Alien Registration number) and physical residence address. We must be able to verify your identity; you must have verifiable income and a verifiable phone number at which we can contact you.

For a payday loan or an installment loan you must also have an open checking account.

For a loan without a checking account you need a verifiable physical residence address. For a title loan or an auto equity loan you will need a clear title for your vehicle and also be able to provide us with the title for our records during the term of the loan.

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.

How do I repay my consumer loan?

Payment options vary depending on your loan agreement with us.
 
  • Payday Loan > You may write a post-dated check to repay your loan. Your paper check may be turned into an electronic check that will be presented to your bank on the loan due date. If you choose to repay using an electronic check transaction (ACH debit), the deposit will be made at 3 pm Pacific Time (4 pm Mountain Time) and will be processed by your bank no earlier than 10 pm that night. You can also make cash or debit card payments at any time prior to the deposit.
  • Loan without a Checking Account > You may repay your loan in cash at any Moneytree branch prior to the end of the business day on which the loan is due.
  • Installment Loan > You may authorize ACH debit payments or set up postdated check payments. Regardless of the payment option you choose when you enter into your loan, you may come in prior to 3 pm Pacific Time (4 pm Mountain Time) to pay your loan payment in cash or with your debit card.
  • Title Loan > You may authorize ACH debit payments or set up cash payments. If you choose ACH payments, the deposit will be made at 3 pm Pacific Time (4 pm Mountain Time) and will be processed no earlier than 10 pm that night. You may make a cash or debit payment prior to the deposit time. If you choose cash payments, you may make a payment any time until the close of business on the loan due date.
Payments may also be made using your debit card or checking account by visiting moneytreeinc.com/payments. 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 prior to check or ACH deposits, or prior to 11 pm when cash payments are set up. 

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.

How does Moneytree determine how much I can borrow?

Moneytree qualifies you to borrow an amount based on your income, the information you provide on your loan application, your credit history with Moneytree, and consumer reports provided through a consumer reporting agency, and for secured loans, the value of your collateral.

You may borrow any amount up to the limit for which you qualify. Your loan limit may change if there is a change in any of the factors we consider in making a loan.

How does Moneytree work with credit counseling agencies?

Moneytree will accept the payment arrangements negotiated by a credit counseling agency. The National Foundation for Credit Counseling (NFCC) can help you develop a budget and negotiate reduced payment arrangements with creditors. To reach the Center nearest you, call NFCC at 1.800.388.2227 or visit nfcc.org for more information.

Is Moneytree licensed?

Moneytree is licensed by the Idaho Department of Finance. We can provide you with licensing information upon request. Moneytree is also registered with the federal government as a Money Services Business (MSB).

What happens if I cannot repay Moneytree on my due date?

We know that it is your intention to repay your loan on the due date. However, the answer to this question depends upon the state in which your loan originated.

For more information, please select your state: California Idaho Colorado Nevada Washington

If you find that you cannot repay your loan, we recommend that you do not take out additional loans in order to repay the original loan. For further information about alternate loan repayment options, please contact the Customer Service Department at 800.745.1011.

What happens if I have difficulty repaying my loan on my due date?

If circumstances arise that change your ability to repay, Moneytree offers a Payment Plan for payday loans and loans without a checking account. You may request a payment plan to restructure the payment terms to at least four (4) substantially equal payments for at least 60 days. You may choose this option once per 12-month period. You may choose this option prior to the time we deposit (or default) your current loan. There is no charge to enter into a Payment Plan. Additional details about this option are available at any Moneytree branch. 

What if I change my mind about borrowing a Payday Loan?

You may choose to rescind (cancel) your payday loan, at no cost, at any time until the close of the following Moneytree business day. To do so, please visit your nearest Moneytree branch or call our Customer Service Department at 800.745.1011.

What is a payday loan?

A payday loan is a short-term loan between today and your next payday.

What is the cost of a Loan without a Checking Account?

Loan without a Checking Account > A loan without a checking account costs $22 per $100 borrowed. For example, a $100 loan due in 14 days would have a total repayment amount of $122 and has an APR (Annual Percentage Rate) of 573.57%.*

What is the cost of a Payday Loan?

Payday Loan > 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%.*

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.