Our Charges

  • Borrow up to $1000
  • Strict government guidelines
  • No lender matching charge
  • Fully disclosed fees

Speedy Loan NEVER charges for its lender-matching service. We collect your information and match you to one of the installment lenders in our network for FREE.

Each lender has its own schedule of charges and fees which it will fully disclose before asking you to agree sign a loan agreement.  Fees typically range from $15 to $30 per $100 borrowed.

Regarding the Annualized Percentage Rate (APR) that lenders charge

APRs can look misleading, because the average 25-day cash advance is scaled up to an annual percentage. Installment loans are not meant to be long-term financial crutches – they are short-term solutions to help you handle temporary cash shortages. An APR, though technically correct, is basically irrelevant in this case due to the short-term nature of a cash advance. The net effect is to make loans seem more expensive than they actually are.

The lenders in the Speedy Loan strictly follow government guidelines for calculating APR and state the rate clearly in each loan agreement. Some less-reputable installment lenders quote you one APR online and then put a different one on their loan agreements. Lenders matched to you by Speedy Loan never engage in bait-and-switch tactics – they believe in honest dealing and all their APRs are consistent throughout the loan process.