Rates & Fees
When you use the online gateway to apply for money loans at FastMoney.com, you are not dealing directly with a lender. Instead, you are gaining access to a trusted network of lenders competing for your business. FastMoney.com works with lenders, but is not a lender itself; therefore, the application process incurs absolutely no fees.
Instead, all rates and fees are determined by the lenders themselves. FastMoney.com has no input into the rates and fees of its lenders, but merely provides the borrower access to those lenders and their determined rates and fees. Once you have completed the application by providing some simple personal and financial information, you will be given the choice of loans for which you have been pre-approved. Once you choose a lender from our trusted network, you’ll be directed to an e-signature page that acts as the loan contract and contains all fee and rate information. As the borrower, you should read this over completely and carefully to see all applicable fees and rates before agreeing to the loan by affixing your e-signature. If you do not agree to the contract, there is still no charge to you; you can cancel your application with no further obligation. Once you do agree, the loan contract is verified and you will receive the funds deposited to your checking account within 24 hours.
The Truth in Lending Act
Federal laws under the Truth in Lending Act make sure that lenders present all potential rates and fees in writing to borrowers before a contract for any sort of money loans is entered into. You will never be charged a fee for applying for money loans at FastMoney.com, and you are under no obligation to continue with the application process if the money loans presented to you do not fit your requirements.
Rates for Money Loans
A common misconception about fast money loans is that a poor credit history can cause interest rates to be higher. This is not true with the cash advance loans provided by the lenders associated with FastMoney.com, where no credit check is required. Your credit history will have no impact on the interest rates or fees associated with any loans that you apply for through FastMoney.com.
In general, interest rates, while fluctuating, tend to be higher for fast money loans than traditional loans because of the short term and because credit checks are not required. Because of this, the standards are not as strict and the terms not as stringent, and these quick loans are far more accessible. The benefits of fast money loans far outweigh the costs when they are needed for emergency or unexpected money needs.
Local laws and regulations determine the fees and rates for fast money loans from state to state. In order to access loans that are available to you, complete our easy online application and the lenders in your area will respond immediately. Remember, there is no fee to apply. Take advantage today.