Easy Payday Lenders is a direct lender that offers hassle-free online cash loans featuring convenient and affordable installment terms. Our small-dollar loans come with a medium-term repayment structure that is tailored to your eligibility. As a first-time borrower, you can qualify for a faxless installment loan ranging from $200 to a maximum of $1,000.
Distinguishing itself from payday loans, installment loans present a more flexible repayment approach. While payday loans require a lump-sum payment on your next pay date, which might not suit everyone, installment loans offer increased flexibility by allowing you to make repayments through a series of scheduled installments. Our standard loan term consists of 12 bi-weekly payments, spanning up to 180 days. Should you decide to change your mind about the loan, you have the option to rescind it within three days of signing the loan agreement by contacting support@easypaydaylenders.org.
Calculating fees for short-term loans and determining the Annual Percentage Rate (APR) is straightforward. Our loan fees are contingent upon the agreed-upon payment schedule’s length and number. If you choose to make an early payment, your fee will be adjusted based on your revised payment schedule. For more comprehensive information, please consult our FAQ section.
We ensure full transparency by providing comprehensive disclosures of APR, fees, and payment terms within the Loan Agreement, as mandated by TILA (Truth-in-Lending Disclosures). To grasp a clear understanding of how our interest rates and fees apply to a standard $200 fast cash online loan, please refer to our illustrative sample loan.