Rates & APR
APR & Loan Duration
The personal loan APR of our network of lenders and loan partners vary, with certain companies providing rates ranging from 4.79 percent to 35.99 percent and loan durations ranging from 90 days to 72 months. The actual loan rate depends on the amount and term of the loan sought, as well as the score, use and history of your credit. You will have the ability to review the final offer made by the lender or lending party and approve their loan agreement if you are given a loan.
If you borrow $4,000 over a 2 year loan period, the monthly repayment will be $182.74. The gross refund will be $4,385.74.
Annual Percentage Rate
The annual percentage rate is the rate at which your debt will accrue interest. It is dependent on the size of your debt, the cost of the loan, the term of the loan, the amount of the redemption and the timing of the installments and the payment. By regulation, the loan partner must show you an APR before you enter the loan.
States have regulations that restrict the APR that can be paid to you by a loan partner or partner. Rates can differ depending on the credit, the amount of the loan and what insurance is given, with the lowest rates offered to borrowers with excellent credit for bigger, insured loans. Minimum and maximum sums of the loan and the APR may differ according to state legislation and the lending of partners or associates. Please read the personal terms and conditions of the lending partner and partner in detail before continuing with a personal loan.
Typical Personal Loan Terms
Although the particular terms of personal loans can vary based on your jurisdiction, lender and your specific circumstances, a broad range of common terms is given below.
- Loan amount: $2,000 – $15,000
- Lending period: 6 months to 72 months
- Payment frequency: Once a month or twice a month
- APR: Will vary based on your credit score, repayment history and other factors
- Prepayment penalty: None
Personal Loan Example
Address: Attn: LeadDemand - 3200 E. Guasti Road, Suite 100 - Ontario, CA 91761