Rates & terms
Everything about cost in one place: ranges, APR, examples and fees. Set by participating providers, explained by us.
- APR range
- 5.49%–35.00%
- Loan amounts
- $100–$5,000
- Repayment terms
- 3–30 months
Including any origination fee and finance charges
You choose the amount to request
Equal monthly payments
The 60-day rule: no provider offering loans through Loans Today may require repayment in full in 60 days or less.
What APR means
APR, or annual percentage rate, is the yearly cost of a loan, including interest and certain fees. It’s the best single number for comparing offers, because two loans with the same interest rate can have different fees.
See more terms in our glossaryIllustration. The share of fees varies by provider.
Representative examples
How the same range can lead to very different total costs.
| Example | Amount | Term | APR | Monthly payment | Total repayment | Amount vs. cost |
|---|---|---|---|---|---|---|
| Lower APR | $2,000 | 24 months | 5.49% | $88.18 | $2,116.38 | |
| Typical APR | $1,000 | 12 months | 24.00% | $94.56 | $1,134.72 | |
| Maximum APR | $5,000 | 30 months | 35.00% | $252.36 | $7,570.68 | |
| Shortest term | $500 | 3 months | 35.00% | $176.48 | $529.45 |
Examples assume a fixed APR, equal monthly payments made on time and no additional fees. Illustrations, not offers.
Amount borrowedCost of creditFees, late payments and credit checks
What to check before you accept any offer.
Fees
- Fees vary by provider and may include origination or late fees
- Some providers do not charge prepayment penalties
- Final fees are shown in the provider’s loan agreement
- Loans Today never charges you a fee
Late or missed payments
- Providers may charge late or returned-payment fees under your loan agreement
- They may pursue collection as permitted by law
- Late payments may be reported to credit bureaus and lower your score
- Renewing or refinancing a loan may add fees and interest
- If you expect to miss a payment, contact your provider before the due date
Credit checks
- Submitting a request through Loans Today does not affect your credit score
- Providers may review your credit history as part of their decision
- A provider may perform a hard credit inquiry if you continue with its offer
Full details are in our Disclosures.
Try your own numbers
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Providers are not available in all states, and amounts, rates and terms vary by state. Submitting a request does not guarantee approval, funding or a specific offer.