What is the cost of a loan?

We strive to keep our fees as affordable as possible for our customers!

Our borrowing fee varies by state and is subject to change over time. Here's a current breakdown:

  • In Washington state, a Possible loan costs $15 for every $100 borrowed.
  • In California, a Possible loan costs $17.65 for every $100 borrowed.
  • In Idaho, Mississippi and Utah, a Possible loan costs $20 for every $100 borrowed.
  • In Kansas, a Possible loan costs $15 for every $100 borrowed.
  • In Kentucky, a Possible loan costs $15 for every $100 borrowed.
  • In Missouri and Delaware, a Possible loan costs $25 for every $100 borrowed.
  • In Rhode Island, a Possible loan costs $10 for every $100 borrowed.
  • In Tennessee, a Possible loan costs $15 for every $100 borrowed.
  • In Alabama, a Possible loan costs $15 for every $100 borrowed.
  • In South Carolina, a Possible loan costs $15 for every $100 borrowed. 
  • In Texas, Louisiana, Indiana, Iowa, Michigan, Oklahoma, Ohio, and Florida, the borrowing fee is not a flat rate. Please download the app and use the blue slider tool for more specific information regarding fees.

Your fees are divided equally among 4 payments and you are given approximately 8 weeks to repay.If you need to adjust your payment dates, you can use the Update payment dates feature in the app after your loan is accepted. We offer a 29-day grace period for added flexibility. You can move your dates around in the app while you are still within that grace period.

Note: We are not currently accepting new applicants in the following states: Delaware, Indiana, Kansas, Kentucky, Mississippi, Missouri, Ohio, Oklahoma, Rhode Island, South Carolina, Tennessee, and Utah. Click here to read more about this decision. 

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