Important information regarding APR, fees, and lending policies.
CashThrustLoans.com is not a lender and does not make credit decisions or dictate the interest rates, fees, or terms associated with any loan. Our service matches your loan request with independent, third-party lenders within our network.
The Annual Percentage Rate is the rate at which your loan accrues interest. It is based upon the amount of your loan, the cost of the loan, term of the loan, repayment amounts and timing of payments. By law, the lender must show you the APR and other terms of your loan before you execute a loan agreement. APRs on cash advance loans frequently range from 200% to 1386%, and APRs on installment loans often range from 6.63% to 225%. State laws may limit the APR a lender can charge.
When you request a loan, you will be presented with a loan offer from a lender. The loan agreement will detail the interest rate and fees you will be charged. If you accept the terms, you are legally bound to repay the loan principal along with the interest and fees. If you do not agree to the terms, you are not obligated to accept the loan.
If you accept a loan, failure to repay the loan on time may result in additional fees and collection activities. Each lender in our network has its own policies relating to late payments and non-payment. These policies are detailed in your loan agreement. Lenders may report your payment history to credit bureaus, meaning late or missed payments could negatively impact your credit score.
Loan renewal policies are largely governed by state law. In states where rollovers or renewals are allowed, your lender may grant a renewal or extension of your loan. Renewing a loan usually results in additional fees and interest. Please review your lender's renewal policy before signing any loan document.
Lenders are required by the Truth in Lending Act to disclose the exact APR, finance charges, and terms of the loan before you sign a binding contract. Ensure you read your loan agreement carefully to understand all financial implications.