Rates & Fees

Fees & Interest Rates

If you are approved for a loan offer, your lender will provide you exact interest rates and fees of your loan before you accept the offer. LoanMonkey.Net is not a lender and we can not provide you with the exact fees and interest of the loan offer you may receive. You are not under an obligation to accept the loan terms that are presented to you.

Representative APR Range

LoanMonkey.Net is not a lender and we do not provide short term loans. We instead refer consumers to a lender who may provide you with a loan offer. We can not supply you with an APR or Annual Percentage Rate and that rate will vary based on the information you enter and the lender that ultimately makes you an offer. If approved for a loan offer, your lender will provide you with the APR, loan fees and terms of the loan when you are redirected to the lender website.

The APR on a short term loan can range greatly from 200% to 2,290% depending on a number of factors. Those factors include the loan term, loan fees, late fees, non-payment fees, loan renewal fees and other factors.

Non Payment, Partial Payment or Late Payment

If you accept the terms and conditions of a loan offer, you are making an agreement to pay back your loan principal , fees and finance charges in the time shown in your loan documents. Your lender may charge you additional fees in the event that you are unable to repay your loan completely or you make a late payment.

The amount of the fees or charges that your lender will charge you as the result of non payment, partial payment or a late payment are set by your lender and disclosed in your loan agreement. LoanMonkey.Net can not predict the cost of these fees and/or charges.

Loan agreements are between you the consumer and the lender. LoanMonkey.Net has no knowledge of the details of your loan. Refer to the policies detailed in your loan agreement for information on late payment, partial payment and non payment fees or charges.