Once your loan is approved, we transfer your money straight to your bank account within 60 minutes of confirming your loan. Sound good. Let's break it down. You'll always get a clear description of all your fees and repayments before you confirm your loan. As a quick reference, though, here's a general breakdown of fees: Small Loans.

If the principal amount you borrow is between 300 - 2,000 you'll pay: Establishment fee: 20 of the principal amount Monthly loan fee: 4 of the principal a month.

Line of credit vs merchant cash advance

Some borrowers, however, use Payday Loans for several months, which can be expensive. Payday Loans (also referred to as Payday Advances, Cash Advances, Deferred Deposit TransactionsLoans) and high-interest loans should be used for short-term financial needs only and not as a long-term financial solution. Customers with credit difficulties should seek credit counseling before entering into any loan transaction.

See State Center for specific information and requirements. Check N Go OH License SM. 501663, CS. 900077, and CC. 700416.

Line of credit vs merchant cash advance

Get a loan of up to R200 000 at a fixed interest rate. Amount Range: R5 000 - R200 000 Repayment Period: 24 - 60 months.

Same day. Pay day. Every day. Amount Range: R500 - R3 000 Repayment Period: 5 - 37 days. Get cash in your pocket when you need it. Amount Range: R5 000 - R150 000 Repayment Period: 24 - 72 months. Flexible, short-term loans that give you lots of control.

Line of credit vs merchant cash advance