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:
Your ID and Social Security Number (or Alien Registration Number or ITIN)
Your address and phone number(s)
Your source(s) of income
An open checking account
Have a question?
Contact our Customer Service Team between 6am and 11pm PST, seven days a week.
Phone: 877.613.MONY (6669)
What is the term of a payday loan?
The term of a payday loan is determined by the frequency of your paydays. If you are paid biweekly or twice monthly and your next payday is within 7 days from the date you take out the loan, you can choose to repay your loan on the subsequent payday. If you are paid weekly or monthly, and 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. The maximum loan term per Nevada law is 35 days.
How much does a payday loan cost?
The fee for a payday loan is $16.50 per $100 borrowed. This means that the APR (annual percentage rate) for a 14-day loan would be 430.18%.*
*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: 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.
Moneytree is licensed by the Nevada Financial Institutions Division 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), an 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
What happens if I default on my consumer loan?
If you do not pay your loan as agreed, 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.
We will contact you and ask for payment in full, and we may make reasonable payment 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 1.888.516.6643 for more information.
Payday Loan > You will be charged a one-time $25 fee if your check or ACH returns unpaid.
Payday Loan without a Checking Account > You will be charged a late payment fee of no more than $25 if your payday loan without a check is paid after the due date.
Installment Loan > You will be charged a $25 fee if your check or ACH payment returns unpaid.
Title Loan > You will be charged a $25 fee if your check or ACH payment returns unpaid. 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.
What is the cost of a Payday Loan without a Check?
Payday Loan without a Check > 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%.