Personal Cash Loans | Minute Loan Center

Delaware Personal Loans

Premier Plus Loans

MLC's Top tier loan product - "Premier Plus". This product for qualified customers carries a borrowing maximum of $5,000. Repayment can be made in small, flexible increments over an 18 month term.

Premier loans are an especially useful resource for those who wish to:
  • Consolidate other loans into one low and easy payment
  • Buy furniture, electronics, or appliances versus renting them
  • Assist with down payments for cars, boats, housing, or other substantial items
  • An alternative to refinancing your home or second mortgages
Term: 18 months
Required:
  • $4,200 Gross monthly Income
  • Most recent paystub/ Proof of Income
  • Direct Deposit
  • Most Recent Bank Statement
  • State Issued ID
  • A Credit report view

*Decrease the time for approval with Instant Bank Verification. Ask Store for Details.

Premier Loans

MLC offers a large scale loan for consumers – the “Premier Loan”. This product carries a borrowing maximum of $2,500. Repayment can be made in small, flexible increments over a 15-month term.

Premier loans are an especially useful resource for those who wish to:
  • Consolidate other loans into one low and easy payment
  • Buy furniture, electronics, or appliances versus renting them
  • Assist with down payments for cars, boats, housing, or other substantial items
  • An alternative to refinancing your home or second mortgages
Term: 15 months
Required:
  • $3,000 Gross monthly Income
  • Most recent paystub/ Proof of Income
  • Direct Deposit
  • Most Recent Bank Statement
  • State Issued ID
  • A Credit report view

*Decrease the time for approval with Instant Bank Verification. Ask Store for Details.

Installment Loans

This product extends credit up to $1,000 with flexible repayment options up to 12 months. It offers low rates and the ability to obtain more frequent advances if needed.

Installment loans are the go-to solution for your borrowing needs with low rates and flexible repayment options.

Installment loans are an especially useful resource for those who wish to:
  • Consolidate other loans into one low and easy payment
  • Buy furniture, electronics, or appliances versus renting them
  • Assist with down payments for cars, boats, housing, or other substantial items
  • Assist with unexpected bills
Term: 3-12 months
Required:
  • $833 Gross monthly Income for loans up to $250, $1,250 Gross monthly Income for loans starting at $250 and higher
  • Most Recent Bank Statement
  • Most Recent Pay Stub/ Proof of Income
  • State Issued ID

*Decrease the time for approval with Instant Bank Verification. Ask Store for Details.

Installment Loan Fee Schedule As of March 28, 2018
Amount Financed $100.00 $500.00 $850.00 $250.00 $500.00 $1,000.00 $1,100.00 $1,500.00 $2,500.00 $2,600.00 $3,500.00 $5,000.00
# of Payments 6 6 6 10 10 10 33 33 33 39 39 39
Payment Frequency Bi-Weekly Bi-Weekly Bi-Weekly Bi-Weekly Bi-Weekly Bi-Weekly Bi-Weekly Bi-Weekly Bi-Weekly Bi-Weekly Bi-Weekly Bi-Weekly
Payment Amount $27.04 $136.61 $254.05 $51.46 $102.93 $233.41 $134.98 $184.06 $343.54 $248.51 $334.54 $532.25
Interest Total $62.26 $319.70 $674.31 $264.83 $529.43 $1,334.19 $3,355.55 $4,576.73 $8,838.85 $7,093.58 $9,547.03 $15,758.50
Total Loan Amount $162.26 $819.70 $1,524.31 $514.83 $1,029.43 $2,334.19 $4,455.55 $6,076.73 $11,338.85 $9,693.58 $13,047.03 $20,758.50
APR 408.00% 418.00% 508.00% 408.00% 408.00% 498.00% 308.00% 308.00% 348.00% 238.00% 238.00% 268.00%
*Example assumes exact period terms for a 14 day Bi-Weekly pay cycle. The finance charge includes fees charged based on a Tiered Contracual APR which can range between 238% to 508%.
*Examples listed MAY have an OPTIONAL fee assessment for ACH services of $1.00. See associate for details.
*Examples listed MAY have an OPTIONAL fee assessment for Wire Transfer services of $16.00. See associate for details.
*Minute Loan Center reserves the right as outlined in section 8 of the loan agreement that in the event a payment is late by Five(5) days or more, we MAY assess a 5% fee on the unpaid portion of the payment.
*Minute Loan Center reserves the right in the event a payment is returned for Insufficient Funds, we MAY assess a $25 fee for the returned item.
*Examples are assumed based on exact on time payments. Finance charges will differ from examples if payments are made before the scheduled due date or after the scheduled due date.