Easy Small Loans

What is a great personal loan rate?

If you need cash or are looking to consolidate debt, a personal loan is an option to consider. These loans offer one-time, lump-sum payment, and you are able to use the funds for anything you’d like.

What is a reasonable rate for a personal loan?

Get Your Personal Loan Up To $5000

The online form generally will take no more than 10 minutes to complete. So before you even finish your cup of tea you’ll already have your application filled out.

Annual Percentage Rate (APR)

Annual Percentage Ratio (APR) is your annualized interest rates you are charged for borrowing.It is the combination of the nominal rate, as well as any additional costs such as fees involved in obtaining the loan.The typical personal loan APRs range from 4.99 percent to 450%, APRs for cash advance loans vary from 200% to 13866%, and the APRs of installment loans range from 6.63% to 225 percent. Since Fundsjoy is not part of the process of lending, we are unable to not deliver any specifics about the APR you will receive. The APR is solely based on your lender’s decision and is based on a variety of factors , such as your credit score and income, credit history as well as other information that you provide in your application. For more information regarding the APR inquire with your lender.

APR Example Representative

If you borrow $2,500 over a term of 1 year with an interest rate of 10%, and charge of 3%, you will pay $219,79 each month.The total amount to be paid will be $2,637and a total interest of $137,48.

Financial Implications (Interest & Finance Charges)

Fundsjoy is not a lending institution and therefore cannot tell you what fees and interest rate will be charged on the loan you are given. It is your lender that will give you all the information about the cost for the loan. Your responsibility is to study the loan agreement carefully and accept the offer only if you agree to the entire agreement. Fundsjoy’s service is completely absolutely free and you are under no obligation to agree with the terms that the lender provides you.

The consequences of non-payment

When you accept the terms and conditions for a loan, you enter into a contractual agreement to repay the amount you owe according to the specific schedule in the document. If you fail to pay, additional charges may be imposed. The penalties for late payments vary according to lender. As Fundsjoy is not involved in the process of lending We are unable to provide any information on the fees that you might incur in the event of a default occurs. For more details, contact the lender directly in case you have concerns regarding the repayment of your loan.

The potential impact on credit scores

Fundsjoy is not a lending institution and we don’t check your credit rating or capacity. If you make a request through our platform online it’s considered as a non-deliberate inquiry and will not affect your credit score. However, some lenders will carry out a credit check to determine if you are eligible for loans. The likelihood is that they will refer you to any 3 major credit agencies (Transunion, Experian, and Equifax) that is in most cases considered an inquiry that is hard and could affect the credit rating of your.

Collection Techniques

Fundsjoy does not operate as a bank. We are not engaged in any collection practices and are not able to be able to inform you of one of these. Your lender will specify their collection practices in the loan agreement. If you have any questions regarding this issue you have, please direct these directly to the lender.For more details, visit our page on Responsible Lending. does not itself have any involvement in debt collection.

Loan Renewal Policy

Options for loan renewal aren’t always readily available.It is therefore advisable to clarify whether the option is available to your lender. Take the time to read the renewal policy in the agreement prior to you sign the agreement.