Idaho Alternate Payday & Loans Without a Checking Account Loan Repayment Options

Thank you for choosing Moneytree as your short term credit solution. We know that it is your intention to repay your loan on the due date. Occasionally, however, circumstances may arise that change your ability to repay. Below you’ll find information about the payment plan option available in Idaho through Moneytree.
 

What Are My Payment Options?Moneytree's Idaho Payment Plan Request Form

In certain cases, you may renew the terms of your loan by paying an additional fee to extend the loan due date until your next payday. The renewal may occur prior to the time 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 that time, the loan must be repaid in full.

You may request a payment plan to set up payment arrangements to repay the loan in at least four (4) substantially equal payments for at least 60 days. You may enter into the payment plan anytime during the term of the loan, up to 3pm Pacific Time / 4pm Mountain Time on the due date. There is no charge to enter into a payment plan. Payment due dates will be timed with your paydays. We will not begin collection activities while your payments are made as agreed. During the payment plan period, you will not be eligible to take out another Moneytree loan. Restructuring your loan payments may affect your credit limit with us in the future. You will be in default on your payment plan if you fail to make any payment as agreed. If you default on your payment arrangements, the total unpaid balance will be due immediately and you will be charged a default fee as follows:
 
  • Payday Loan – $20
  • Loan without a Checking Account – $12.50 or 5% of the unpaid amount, whichever is greater
 

What Happens If My Loan Goes Into Default?

If your loan goes into a default status, Moneytree is committed to collecting your debt in a professional, fair and lawful manner. We follow applicable provisions of the Fair Debt Collection Practices Act when collecting defaulted loans. You will be charged a one-time $20 fee if your check or ACH returns unpaid. For loans made without a check, Moneytree extends a ten (10) day period during which your loan may be repaid in full at no additional cost. If the loan remains unpaid, you will be charged $12.50 or 5% of the amount of the loan, whichever is greater. We will contact you and ask for payment in full, and we may make reasonable repayment arrangements with you. We may refer your account to an outside collection agency. We may evaluate your credit limit if your loan is not paid as agreed. You can reach Moneytree’s Payment Center at 888.516.6643 for more information.
 

If You Receive a Call From Moneytree

From time to time, a Moneytree representative may call you at the contact numbers you have provided to talk about a transaction you conducted at Moneytree. The most common reason for this call will be to discuss payment arrangements on an unpaid loan or check. Whenever you receive a call from Moneytree, our representative should be friendly and courteous. We will give you our first name and will be clear about the location we’re calling from and the reason for the call.

You are always welcome to contact our Customer Service Department at 800.745.1011 to confirm the source and validity of the phone call. It is helpful if you have the caller’s name and telephone number so that we can confirm the nature of the call. We will not threaten you with any adverse consequences if you choose to confirm the validity of the call before providing any information.
Stay in touch. Receive updates about Moneytree products, offers and promotions.
Subscribe

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.