Secured Short Term Loan Application







Fees

Our Guaranteed Low Online Cash Advance Fee

The flat fee for our HPD Loans is only $15.00 per every $100.00 borrowed. There  are no hidden fees associated with your cash advance loan. Everything is completely disclosed to you. Please view the chart below for details of each loan amount borrowed. All cash advance are due in FULL on your next payday. The number of days a cash advance taken will vary between 8-31 term days with a Annual Percentage Rate from 176.61% to 684.38%.

Term in days Annual Percentage Rate Amount Financed
$100.00 $200.00 $300.00 $400.00 $500.00
Finance Charge
8 684.38% $15.00 $30.00 $45.00 $60.00 $75.00
9 608.33% $15.00 $30.00 $45.00 $60.00 $75.00
10 547.50% $15.00 $30.00 $45.00 $60.00 $75.00
11 497.73% $15.00 $30.00 $45.00 $60.00 $75.00
12 456.25% $15.00 $30.00 $45.00 $60.00 $75.00
13 421.15% $15.00 $30.00 $45.00 $60.00 $75.00
14 391.07% $15.00 $30.00 $45.00 $60.00 $75.00
15 365.00% $15.00 $30.00 $45.00 $60.00 $75.00
16 342.19% $15.00 $30.00 $45.00 $60.00 $75.00
17 322.06% $15.00 $30.00 $45.00 $60.00 $75.00
18 304.17% $15.00 $30.00 $45.00 $60.00 $75.00
19 288.16% $15.00 $30.00 $45.00 $60.00 $75.00
20 273.75% $15.00 $30.00 $45.00 $60.00 $75.00
21 260.71% $15.00 $30.00 $45.00 $60.00 $75.00
22 248.86% $15.00 $30.00 $45.00 $60.00 $75.00
23 238.04% $15.00 $30.00 $45.00 $60.00 $75.00
24 228.13% $15.00 $30.00 $45.00 $60.00 $75.00
25 219.00% $15.00 $30.00 $45.00 $60.00 $75.00
26 210.58% $15.00 $30.00 $45.00 $60.00 $75.00
27 202.78% $15.00 $30.00 $45.00 $60.00 $75.00
28 195.54% $15.00 $30.00 $45.00 $60.00 $75.00
29 188.79% $15.00 $30.00 $45.00 $60.00 $75.00
30 182.50% $15.00 $30.00 $45.00 $60.00 $75.00
31 176.61% $15.00 $30.00 $45.00 $60.00 $75.00

Your cash advance payment options

All short-term cash advance are due in FULL on your next pay date. If you are unable to pay the entire amount, then you are entitled to the following:

– Pay only the finance charge as this will only extend your loan until your next pay date.

– Make a partial payment to your loan. For instance, if you decided to make a partial payment of $130.00 from your $230.00 loan, then your remaining balance of $100.00 along with the future interest of $15.00 for a total of $115.00 (15% of remaining balance) will be due on your next pay date.

Early Prepayment of your loan

If you pay off your cash loan early, you will not have to pay a prepayment penalty and may be entitled a refund of part of the finance charge. For instance, if you have a $115 cash loan outstanding for 14 term days with an APR of 391.07% and decided to pay off your cash loan on the 7th day, then you are entitled to a $7.50 refund because the finance charge of $15 is outstanding for 14 days and you paid it back in 7 days.

Early Full Payment Prorated Refund Formula:

(days left on term of loan/actual term of loan)X(Finance Charge)=Prorated Refund

Early Partial Payment Prorated Refund Formula:

(early payment amount)X(days left on term of loan/actual term of loan)X(0.15)=Prorated Refund

Cancellation of your loan:

 If you wish to cancel your loan, you may rescind the deferred deposit loan on or before 5 p.m. of the next business day without incurring any charges.