We only make money when you pay us back!
We promise to never:
- Sell your offer letters or any of your data. (We keep it all secure and private).
- Charge hidden fees.
- Surprise you.
We don't believe in doing any of that.
We do believe in creating transparent products that spell out clearly what you'll be charged and when.
The quickest way to get a feel for this is to check out our payment planner on our "What does it cost?" page.
Repayments start when you get your first paycheck at work, and continue according to the plan you choose. Each repayment is made up of that month's portion of the original cash you took, plus an interest payment based on how much money you took and how long you held it.
We always charge a consistent 13% APR*, meaning that those other 2 are the only factors that will affect what you pay.
Is a 13% APR any good? We think so. But if you find a better deal, send it to us, and we'll match the price 100%!
* Except in Massachusetts, where we've kept things even cheaper, at 12%.
How can you guys afford to not charge fees?
We listen to signals that traditional banks aren't listening to. We know you're going to have income, while they don't. This means when we give you money, we can rest at ease knowing it'll come back. This ensures a solid business model, one that doesn't require us to nickle-and-dime you.
And further, what interests us most is an honest and long-term partnership with our customers. We want to be your go-to one day for all sorts of financial needs, and we know that that means that we have to be someone you can rely on.