Rates & Fees
How We Determine Your APR
We determine your annual percentage rate (APR) based on several factors, such as your credit history and rating, the amount you want to borrow, and your total debt-to-income ratio. We then present you with a loan offer(s) based on what you can qualify for right now.
Because our average APRs are lower than the average credit card APR, our members save money while improving their credit. On average, members save nearly $1,000 in finance charges—and many see their credit scores increase—over the course of their personal loan.
How The Rates & Fees Work
Annual Percentage Rate
What you pay in interest annually, shown as a percentage of the total amount borrowed.
One-time fee of 3-6% of your loan amount based on your credit rating, and charged only when you receive your loan.
The total annual cost of your loan, including interest rate and origination fee, and the true cost of borrowing money. Use APR to compare loan costs across lenders.
Monthly Payment Example
Term Loan Amount
36 Months $6000
60 Months $20,000