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  • What is the term of my loan?
    If a lender extends a loan offer to you, they may request additional information from you and ultimately lead you to their loan documentation. Within this documentation, you will find your loan term; This indicates when the loan is due in full or a payment schedule where you will pay off the loan in consecutive payment amounts. It is imperative that you thoroughly review the loan offer and all accompanying information from the lender to ensure you fully comprehend the terms and conditions and to aid you in comparing it to other available options. Your typical options include: Repaying the loan in full Renewing the loan while paying only interest and fees Renewing the loan and paying both interest and a portion of the principal Loan Pepper is not a lender and cannot advise you on your loan term. Please contact your lender directly if you have any questions regarding repayment.
  • Can I apply on holidays?
    LoanPepper.com's online services are open 24/7. You can submit an electronic application at anytime. Lenders in our network have different operating hours.
  • How will the loan be funded?
    This will vary based on your lender. Typically, we see funds disbursed directly to the bank account via ACH. The standard timeline for this process post loan approval is 1 business day. Some lenders may fund immediately or via card. Please contact your lender for more details.
  • Do I need to mail or fax anything?
    For your application, we will not require you to fax or mail any documentation.
  • What if I don't have a driver's license?
    You can simply use your passport number or your SSN.
  • How soon after approval do lenders process the funds?
    After loan approval, lenders usually process the loan promptly, ensuring that the funds are available in your account by the next business day.
  • Can I apply with a savings account?
    In our lender network, there are several who are willing to provide you with a loan even if you have only a savings account. You will need to obtain the routing number from your bank to facilitate the electronic transfer of loan funds to your account in the event of approval.
  • What is an APR?
    The annual percentage rate (APR) is the annualized interest rate charged on a cash loan. The APR of a cash loan may range from 20 percent to 2,340 percent, depending on how the rate is calculated and other variables such as the loan duration, any incurred fees (late fees, nonpayment, etc.), and loan renewal specifics. It is important to note that the APR range is different from the finance charge, which your lender will disclose later in the loan request process. LoanPepper.com serves as a medium to connect potential borrowers with lenders and lending partners in our network. As we are not a lender, we do not offer any cash loans to consumers nor charge any fees for our services. Therefore, we cannot provide you with the specific annual percentage rate (APR) that your lender will attach to your loan. The APR can vary based on the information that you provide in your cash loan request and the lender's terms. When you get redirected to your loan agreement during the loan request process, your lender will disclose the APR, finance charges, and other applicable loan terms. If you need any help with LoanPepper.com-related services, you can contact us at support@LoanPepper.com.
  • What loan amount can I apply for?
    $200 - $10,000
  • Does alimony or pension count as income?
    Some lenders in our network consider this to be a steady stream of income. You can apply for a loan with LoanPepper.com if you have alimony or pension as your primary mode of income.

Consumer Notice: Although LoanPepper.com does not charge any fees for its services, it's important to note that personal loans are designed for providing temporary financial assistance and should not be considered as a long-term solution, therefore consumers struggling with debt and credit issues are advised to seek professional debt and credit advisory assistance.

 

Legal Disclaimer: The owners and operators of LoanPepper.com are not lenders or decision makers for short-term cash loans, but rather the website provides a loan matching service for personal loans to help borrowers find lenders. The use of this website and its services are subject to LoanPepper.com's Terms of Use and Privacy Policy, and it should not be construed as an offer or solicitation to lend. The operator of this website is not affiliated with any lender or endorse any specific product or service, but simply aims to inform users about potential lenders who may fulfill the needs of the consumer. Please be aware that some lenders may conduct credit checks as part of their lending process, and using our website or service is not mandatory for initiating contact or applying for a loan with any lender or service provider.

Exclusions: Certain short-term, small-dollar loans may not be available to residents of certain states and the eligibility criteria for such loans may vary by state, with residents of Arkansas, New York, New Hampshire, Vermont, and West Virginia currently not eligible to use this website or service, and the list of states where our services are offered may be subject to change without prior notice.

APR Disclosure: In some states, there are laws that restrict the maximum Annual Percentage Rate (APR) that a lender can impose on you. However, if you obtain a loan from a state where such laws do not exist or from a non-state governed bank, the APR may be even higher. The APR represents the interest rate at which your loan will accrue and is determined by factors such as the loan amount, cost, and term, as well as repayment amounts and timing of payments. Prior to finalizing a loan agreement, lenders are obligated by law to disclose the APR and other loan terms to you. The APRs for cash advance loans range from 200% to 1386%, for installment loans range from 6.63% to 485%, and for personal loans range from 4.99% to 450%, but these rates can vary from one lender to another. Note that APR rates may change over time.

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LoanPepper.com provides a loan matching service for consumers, which is free but supported by advertisers, including lenders and lender networks who compensate us if you are offered a loan through our service after they review your information. Although we use a "ping-tree" model to connect you with lenders, the decision is based on multiple factors, including the amount paid by the lender or intermediary third-party lender network. Therefore, it's important to carefully review all loan options available and not assume that the offer received through our service is the best option. Additionally, we may receive compensation from other advertisers in various ways.

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Credit Implications: Credit decisions or credit inquiries are not made by the operator of this website; however, independent lenders that the user may be connected with might check credit worthiness, credit standing, and/or credit capacity through alternative providers or credit reporting bureaus. By submitting personal information, users agree to the credit check. Short-term loans provided by independent lenders are intended to be repaid within a short amount of time and may incur additional fees or collection activities in case of late payment or nonpayment; therefore, it is advised to borrow only what can be repaid on the next pay period and to seek professional advice regarding financial needs and alternatives to short-term loans. Each lender has its own terms, conditions, and renewal policy, and the policies should be reviewed by the user.

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