Rates & Fees
ShiftLoans.com can connect you with lenders and financial service providers in most states. Repayment terms associated with our lending partners can range from a minimum of 6 up to 60 months. The loans issued by our lending partners will have an APR of between 6% - 35.99%. The specific rates of interest you pay could vary by state. Also, the specific interest rates that you are charged and how the rates are calculated may vary depending on which lender you are connected with.
Repayment on personal loans is generally performed either monthly or once every two weeks, depending either on your preferences or your lender's terms. Funds are withdrawn automatically from the borrower's bank account on the date agreed upon between you and your lender. Be sure that you read and fully understand all of your lender's policies regarding repayment and understand what you will have to do as a borrower to repay the loan.
Personal Loan Costs
On the whole, the eventual cost of a personal loan will vary a great deal based on factors related to the requester, the state the requester lives in, the lender, and the requester's repayment. Other factors that matter are the amount of money that is borrowed, the period of time of the loan and the specific interest rates used. Your credit score may also be taken into consideration.
Standard Personal Loan Terms
Please note that specific terms of personal loans will vary depending on the state you reside in, your lender and your specific circumstances. The information below shows the general range of common terms.
- Loan amount: $1,000 – $5,000
- Interest rates: 6 - 35.99 percent
- Lending period: 6 - 60 months
- Payment frequency: Once a month or twice a month
- APR: Will vary based on your credit score, repayment history and other factors.