Installment Loans:
Up to $5,000
Fast Approval*
Funds as soon as same day**
Installment Loans
This product extends credit up to $1,000 with flexible repayment options for up to 9 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
Installment Loan Fee Schedule As of September 27, 2019
| Amount Financed | # of Payments | Payment Frequency | Payment Amount | Final Payment Amount | Interest Total | Total Loan Amount | APR |
|---|---|---|---|---|---|---|---|
| $100.00 | 6 | Bi-Weekly | $26.79 | $26.82 | $60.77 | $160.77 | 403.47% |
| $700.00 | 6 | Bi-Weekly | $207.39 | $207.44 | $544.39 | $1,244.39 | 504.54% |
| $400.00 | 10 | Bi-Weekly | $83.66 | $83.87 | $436.81 | $836.81 | 423.66% |
| $800.00 | 10 | Bi-Weekly | $186.98 | $186.98 | $1,069.80 | $1,869.80 | 504.54% |
| $600.00 | 15 | Bi-Weekly | $113.06 | $113.22 | $1,096.06 | $1,696.06 | 443.88% |
| $1,000.00 | 15 | Bi-Weekly | $191.76 | $192.10 | $1,876.74 | $2,876.74 | 453.99% |
| $700.00 | 20 | Bi-Weekly | $124.84 | $125.26 | $1,797.22 | $2,497.22 | 443.88% |
| $1,000.00 | 20 | Bi-Weekly | $129.81 | $129.74 | $1,896.13 | $2,896.13 | 464.09% |
| $1,000.00 | 33 | Bi-Weekly | $119.44 | $121.11 | $2,943.19 | $3,943.19 | 302.32% |
| $5,000.00 | 33 | Bi-Weekly | $597.22 | $598.76 | $14,709.80 | $19,709.80 | 302.32% |
- Example assumes exact period terms for a 14-day Bi-Weekly pay cycle. The finance charge includes fees charged based on a Tiered Contractual APR which can range between 238% to 519%.
- 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 MinuteMoney services of $9.95. See associate for details.
- Examples listed MAY have an OPTIONAL fee assessment for Wire Transfer services of $24.95. 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.
Premier Loans
Minute Loan Center offers a large scale loan for consumers – the “Premier Loan”. This product carries a borrowing maximum of $5,000. Repayment can be made in small, flexible increments over a 15-month term.
Premier loans are an especially useful resources 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