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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

Interest Rate

Origination Fee

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

Interest Rate

Origination Fee


Amount Deposited

Monthly Payment

36 Months                $6000






60 Months               $20,000






Your actual monthly payment will vary based on the terms and conditions of your loan offer (which includes your APR, loan amount, term, and origination fee). The example above is provided for illustrative purposes only; your experience may be different.