INSTALLMENT BANKLINE LOAN PRICE DISCLOSURE · INSTALLMENT BANKLINE LOAN PRICE DISCLOSURE NEVADA...

2
ADVANCE AMOUNT (Amount Financed) FINANCE CHARGE (Cost of Loan) TOTAL PAYMENT APR* (Loan Term 14 Days) $100.00 $17.64 $117.64 459.90% $200.00 $35.29 $235.29 460.03% PAYDAY LOAN PRICE DISCLOSURE NEVADA *ANNUAL PERCENTAGE RATE The APR is the cost of your loan expressed as a yearly rate. The APR will increase if the actual loan term is shorter than this example, and will decrease if your loan term is longer. FINANCE CHARGES | You will pay $17.64 per $100 borrowed. The following examples show how finance charges are imposed on our loans. ADVANCE AMOUNT (Amount Financed) FINANCE CHARGE (Cost of Loan) TOTAL PAYMENT APR* (Loan Term 80 Days) $500.00 $298.80 $798.80 438.80% $1,000.00 $597.59 $1,597.59 438.79% INSTALLMENT BANKLINE LOAN PRICE DISCLOSURE NEVADA FINANCE CHARGES | You will pay 36.66% per month of the principal balance with a payment due every two weeks. The following examples demonstrate how finance charges are imposed on our loans. In example one of $500, the customer makes 5 payments of $133.13 every two weeks and a final payment of $133.15. In example two of $1,000, the customer makes 5 payments of $266.26 every two weeks and a final payment of $266.29. *ANNUAL PERCENTAGE RATE The APR is the cost of your loan expressed as a yearly rate. The APR will increase if the actual loan term is shorter than this example, and will decrease if your loan term is longer. CUSTOMERS ARE ENCOURAGED TO PAY MORE THAN THE MINIMUM PAYMENT AMOUNT TO REDUCE INTEREST COSTS. RETURNED ITEM CHARGE | If, after deposit, your payment to us is returned for any reason unpaid, you will be charged a one-time fee of $25. LICENSE | Rapid Cash is licensed by the Nevada Department of Business and Industry. Subject to state regulations, eligibility, credit check, underwriting and approval. Rates, terms and conditions apply. Installment title loans subject to minimum auto value requirements. See associate for details. The use of check-cashing services, deferred deposit loan services, high-interest loan services or title loan services should be used for short-term financial needs only and not as a long-term financial solution. Customers with credit difficulties should seek credit counseling before entering into any loan transaction. www. rapidcash.com | 1.888.333.1360 122319_NV_RQ143642 RETURNED ITEM CHARGE | If, after deposit, your payment to us is returned for any reason unpaid, you will be charged a one-time fee of $25.

Transcript of INSTALLMENT BANKLINE LOAN PRICE DISCLOSURE · INSTALLMENT BANKLINE LOAN PRICE DISCLOSURE NEVADA...

Page 1: INSTALLMENT BANKLINE LOAN PRICE DISCLOSURE · INSTALLMENT BANKLINE LOAN PRICE DISCLOSURE NEVADA FINANCE CHARGES | You will pay 36.66% per month of the principal balance with a payment

ADVANCE AMOUNT(Amount Financed)

FINANCE CHARGE(Cost of Loan)

TOTAL PAYMENT APR*(Loan Term 14 Days)

$100.00 $17.64 $117.64 459.90%

$200.00 $35.29 $235.29 460.03%

PAYDAY LOAN PRICE DISCLOSURENEVADA

*ANNUAL PERCENTAGE RATE The APR is the cost of your loan expressed as a yearly rate. The APR will increase if the actual loan term is shorter than this example, and will decrease if your loan term is longer.

FINANCE CHARGES | You will pay $17.64 per $100 borrowed. The following examples show how �nance charges are imposed on our loans.

ADVANCE AMOUNT(Amount Financed)

FINANCE CHARGE(Cost of Loan)

TOTAL PAYMENT APR*(Loan Term 80 Days)

$500.00 $298.80 $798.80 438.80%

$1,000.00 $597.59 $1,597.59 438.79%

INSTALLMENT BANKLINE LOAN PRICE DISCLOSURENEVADA

FINANCE CHARGES | You will pay 36.66% per month of the principal balance with a payment due every two weeks. The following examples demonstrate how �nance charges are imposed on our loans. In example one of $500, the customer makes 5 payments of $133.13 every two weeks and a �nal payment of $133.15. In example two of $1,000, the customer makes 5 payments of $266.26 every two weeks and a �nal payment of $266.29.

*ANNUAL PERCENTAGE RATE The APR is the cost of your loan expressed as a yearly rate. The APR will increase if the actual loan term is shorter than this example, and will decrease if your loan term is longer.

CUSTOMERS ARE ENCOURAGED TO PAY MORE THAN THE MINIMUM PAYMENT AMOUNT TO REDUCE INTEREST COSTS.

RETURNED ITEM CHARGE | If, after deposit, your payment to us is returned for any reason unpaid, you will be charged a one-time fee of $25.

LICENSE | Rapid Cash is licensed by the Nevada Department of Business and Industry.

Subject to state regulations, eligibility, credit check, underwriting and approval. Rates, terms and conditions apply. Installment title loans subject to minimum auto value requirements. See associate for details. The use of check-cashing services, deferred deposit loan services, high-interest loan services or title loan services should be used for short-term financial needs only and not as a long-term financial solution. Customers with credit difficulties should seek credit counseling before entering into any loan transaction.

www. rapidcash.com | 1.888.333.1360 122319_NV_RQ143642

RETURNED ITEM CHARGE | If, after deposit, your payment to us is returned for any reason unpaid, you will be charged a one-time fee of $25.

Page 2: INSTALLMENT BANKLINE LOAN PRICE DISCLOSURE · INSTALLMENT BANKLINE LOAN PRICE DISCLOSURE NEVADA FINANCE CHARGES | You will pay 36.66% per month of the principal balance with a payment

INSTALLMENT TITLE LOAN PRICE DISCLOSURENEVADA

ADVANCE AMOUNT(Amount Financed)

FINANCE CHARGE(Cost of Loan)

TOTAL PAYMENT APR*(Loan Term 80 Days)

$100.00 $65.66 $165.66 478.71%

$500.00 $328.30 $828.30 478.68%

INSTALLMENT SIGNATURE LOAN PRICE DISCLOSURENEVADA

CUSTOMERS ARE ENCOURAGED TO PAY MORE THAN THE MINIMUM PAYMENT AMOUNT TO REDUCE INTEREST COSTS.

RETURNED ITEM CHARGE | If, after deposit, your payment to us is returned for any reason unpaid, you will be charged a one-time fee of $25. LICENSE | Rapid Cash is licensed by the Nevada Department of Business and Industry.

Subject to state regulations, eligibility, credit check, underwriting and approval. Rates, terms and conditions apply. Installment title loans subject to minimum auto value requirements. See associate for details. The use of check-cashing services, deferred deposit loan services, high-interest loan services or title loan services should be used for short-term financial needs only and not as a long-term financial solution. Customers with credit difficulties should seek credit counseling before entering into any loan transaction.

www. rapidcash.com | 1.888.333.1360 122319_NV_RQ143642

ADVANCE AMOUNT(Amount Financed)

FINANCE CHARGE(Cost of Loan)

TOTAL PAYMENT APR*(Loan Term 7 Months)

$500.00 $410.84 $910.84 212.58%

$1,500.00 $1,155.71 $2,655.71 200.70%

$2,500.00 $1,428.16 $3,928.16 153.19%

$3,500.00 $1,663.40 $5,163.40 129.43%

$5,000.00 $2,141.01 $7,141.01 117.55%

$7,500.00 $2,219.30 $9,719.30 83.21%

FINANCE CHARGES | You will pay 17.89% per month on loans up to $1,000; 16.89% per month on loans from $1001 to $2,000; 12.89% per month on loans from $2,001 to $3000; 10.89% per month on loans from $3,001 to $4,000; 9.89% per month on loans from $4,001 to $6,000; and 7% per month on loans from $6,001 to $99,000. The following examples demonstrate how �nance charges are imposed on our loans. In the $500 example, the customer makes 7 monthly payments of $130.12. In the $1,500 example, the customer makes 6 monthly payments of $379.38 and a �nal payment of $379.43. In the $2,500 example, the customer makes 6 payments of $561.17 and a �nal payment of $561.14. In the $3,500 example the customer makes 6 payments of $737.63 and a �nal payment of $737.62. In the $5,000 example, the customer makes 6 payments of $1,020.14 and a �nal payment of $1,020.17. In the $7,500 example, the customer makes 6 monthly payments of $1,388.47 and a �nal payment of $1,388.48.

FINANCE CHARGES | You will pay 40% per month of the principal balance with a payment due every two weeks. The following examples demonstrate how �nance charges are imposed on our loans In example one of $100, the customer makes 5 payments of $27.61 every two weeks and a �nal payment of $27.61. In example two of $500, the customer makes 5 payments of $138.04 every two weeks and a �nal payment of $138.10.

*ANNUAL PERCENTAGE RATE The APR is the cost of your loan expressed as a yearly rate. The APR will increase if the actual loan term is shorter than this example, and will decrease if your loan term is longer.

*ANNUAL PERCENTAGE RATE The APR is the cost of your loan expressed as a yearly rate. The APR will increase if the actual loan term is shorter than this example, and will decrease if your loan term is longer.