Late payment fees will vary by your loan type and state. If you’ve borrowed a prime loan, it’s critical that you make your payments on time since these will be reported to all three credit bureaus.
GreenTrustLoans’s application requires you to meet some basic eligibility criteria and provide some important information about yourself.
Please borrow responsibly and only if you will be able to pay the money back. Before agreeing to a loan, please make sure you can make your loan payments in full and on time. We support the responsible use of loans and recognize that nobody knows your situation better than you.
Payday loan. You can take out a cash advance and have the funds deposited into your bank account, usually by the next business day. Typically, your loan is due in full on your next payday. The APR for a short-term loan can be higher than 600%, so carefully review the terms and conditions before agreeing. Loan amounts are determined by GreenTrustLoans’s underwriting criteria in combination with your state’s laws.
Installment loan. Unlike payday loans, GreenTrustLoans’s installment loan does not have to be repaid in full on your next payday. Installment loans are repaid monthly, semi-monthly or biweekly over a period of 6-24 months. They generally have a lower APR than payday loans but are still significantly higher than traditional loans. Loan amounts can be up to $5,000 depending on your state’s laws and regulations.
Applying for a cash advance online requires you choose a lender and submit your application. This process should take no more than a few minutes if you have all the required information close at hand. Most providers inform you of the application’s status shortly after.