Interest rates
Loan rates, explained plainly
No jargon, no guesswork. Just what determines your rate and how to keep your total cost as low as possible.
Simple habits that add up
Borrowing doesn’t have to be stressful. These small, practical habits help you stay in control and pay less over time.
Borrow only what you need
Take the amount that fits your situation, not the max you qualify for
Stay ahead of due dates
On-time payments keep fees off your account
Add extra when you can
Extra payments chip away at your balance faster
Close it out early
Pay off your loan ahead of schedule, penalty-free
Put your points to work
Apply rewards points directly to your balance
Automate your payments
Set up autopay so you never miss a due date
Keep an eye on progress
Check your balance and payoff timeline anytime
Make it a habit
Consistent payments build a track record that works in your favor
Cut your costs
Pay it down, pay less overall
Early payoff, zero penalty
The sooner you pay down your balance, the less you pay in total — and we’ll never charge you for getting there early.
How early payoff works:
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Log in to your account portal anytime to submit an extra payment
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Pay off your full remaining balance at any point with no fee
Your total cost adjusts automatically, no need to call or request anything
Need assistance?
Ready to make an extra payment or settle your balance early? Do it anytime through your account portal. Or reach our support team if you’d rather talk it through first.
Understanding your rate
What you need to know about installment loans
With a short-term installment loan, you borrow a set amount and pay it back on a fixed schedule. Before you ever accept an offer, you’ll see exactly what your rate, payments, and timeline look like.
No surprises at signing
Your payments, total cost, and APR are all spelled out before you accept an offer.
A schedule you can count on
Every payment date and amount is set from day one.
Your loan, on your time
Check balances, make payments, and manage everything from your online account, whenever you need to.
Know your rates
The factors behind your rate
A few key things go into determining your rate:
Credit and payment history
Income and employment
Existing debt obligations
The amount you borrow
The length of your repayment term
The amount you borrow and how long you take to repay it both affect your total cost — paying on time, adding extra payments, or paying off early can all help bring that number down.
You’ll see your exact rate, fees, and APR spelled out in your loan agreement before you accept anything.
Important information
Interest rate is the percentage of the principal of a loan a lender charges a borrower to make the loan. Finance charges are a broader measure of the cost of borrowing that include both interest and any applicable fees. Annual percentage rate, or APR, expresses the finance charges on a loan as a yearly rate. Finance charges are based on a customer’s creditworthiness. A customer’s creditworthiness is determined by several factors, including credit and payment history, income, employment, existing debt, and types of debt. The APR for your loan will be determined by the amount you choose to borrow and the length of time you choose to keep your loan outstanding. You can reduce the total cost of your loan by paying off your loan prior to your last due date on your payment schedule or by making additional payments on or before your payment due dates.
The copy of your loan details, finance charges and APR will be fully disclosed to you in your loan agreement upon approval of your loan. All loans are subject to credit approval.