Rates & Fees

Rates & Fees

When you use the online gateway to to submit a request for a personal loan 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 request 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 request by providing some simple personal and financial information, your request will reviewed by our network of lenders. Once a lender approves your request, 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 request with no further obligation. Once you do agree, the loan contract is verified and you could receive the funds deposited to your checking account as fast as the next business day.

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 requesting for money loans at FastMoney.com, and you are under no obligation to continue with the request process if the money loans presented to you do not fit your requirements.

Rates for Money Loans

Most bank loans cannot match the speed, convenience and easy credit requirements of a cash loan. Below are some reasons why cash loan providers charge higher interest and fees than most bank loans:

  • All credit types accepted. Lenders in our network accept requests from customers with all types of credit.
  • Most banks often require extensive documentation of your income and assets, but cash loan providers only require a recent paycheck stub, your checking account routing number and confirmation that you are over 18 years old.

  • Upon approval, funds can in most cases be electronically deposited into your checking account in as little as 1 business day.
 

Some states have enacted laws regulating the interest rates and fees loan providers can charge borrowers; therefore, your state of residence may impact the rates and fees charged on your loan. It’s a good idea to review the laws regulating personal loans in your state to see if such a loan would be advantageous to you.

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Customer notice: FastMoney.com has lenders offering online personal loans ranging generally from $500 to $10,000. A personal loan can be a great option for those customers looking to borrow money for a wedding, home improvement, or family vacation. The online process is designed with customer convenience in mind. Consumers facing debt and credit difficulties should seek out debt and credit advisory help. You will not be charged any fees to use FastMoney.com's services.

Legal Disclaimer: FastMoney.com's Terms of Use and the FastMoney.com Privacy Policy apply to the use of this website and its services. FastMoney.com matches borrowers with lenders and thus the specific terms and conditions of the specific lender will apply to any loan a borrower takes out. Any display of APR, loan amounts, interest or other loan details are only estimations. In reality these amounts will vary by lender and by borrower. Lending decisions are based on many factors, including but not limited to credit history, employment history, and loan repayment history. Please note that some lenders may perform credit checks as part of their credit transaction approval process. You are under no obligation to use FastMoney.com's service to initiate contact, or request for credit or any loan product with any service provider or lender. THE OWNERS AND OPERATORS OF THIS WEBSITE ARE NOT LENDERS, they do not broker loans and they do not make any personal loans or make any credit decisions. FastMoney.com simply helps borrowers find lenders for installment loans.

FastMoney.com aims to inform users of possible lenders who may be able to satisfy the needs of a particular consumer. Nothing on this website is an offer or a solicitation to lend. Any information you submit to this site will be provided to a lender. The operator of this website is not an agent, representative or broker of any lender and does not endorse or charge you for any service or product.

Availability: Every state has its own set of rules and regulations that govern personal loan lenders. Your loan amount, APR and repayment term will vary based on your credit worthiness, state and lender.