Calculate Your Repayment in Seconds
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Get Online Installment Loans from Direct Lender with No Hidden Fees.

No Origination Fee No Prepayment Penalties Fair Terms

Clear Rates on Installment Loans Online!

Understand what fees are applicable on direct lender installment loans by CashAmericaToday.

No Origination Fees

We do not charge any upfront fee for processing your online loan.

$0

No Underwriting Fees

We do not charge any data verification fee in order to approve you a loan.

$0

Interest Rate

$30 for every $100 borrowed

$30

No Maintenance Fees

We do not charge a recurring monthly service fee to maintain your account or process payments.

$0

No Prepayment Penalties

We are not a predatory loan lender. We do not penalize you for paying off your online installment loan early.

$0

No Application Fees

There is no distinct online loan application fee (usually non-refundable). We do not charge you, even in case of your installment loan application denial.

$0

Late Payment Fees

If you fail to make your payment by the scheduled date, a certain percentage is charged. However, it can be waived if we make a mistake setting up the payments.

Can be waived

Non-Sufficient Fund (NSF) Fees

If you do not have sufficient funds in your account on payment due date, a returned payment fee or NSF fee of $30 is charged. However, you are requested to contact us at least two to three buainess days before the payment due date.

$30 (waivable)

No ACH Transaction Fee

We do not charge any transaction fee that comes with ACH authorization while electronically depositing or withdrawing funds from your account.

$0

Sample Repayment Schedule for a $200 Loan

Below is an example of how installment loan payments are structured over time with fixed due dates and manageable amounts.

Sample repayment schedule for a $200 loan
Number of Payments Amount of Payments When Payments Are Due
1$74.00January 3, 2026
1$69.79January 18, 2026
1$65.60February 2, 2026
1$61.39February 18, 2026
1$57.19March 4, 2026
1$53.00March 21, 2026
1$48.79April 5, 2026
1$44.59April 21, 2026
1$40.39May 5, 2026
1$36.19May 20, 2026
1$78.00June 4, 2026

Your Loan Details

Payment Plan

Your Flex-pay Schedule:

Periodic Payment:
Total Loan Amount:
Total Interest:
Number of Payments:

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Transparent and Convenient Installment Loan Terms Online

Borrowing Limit

  • CashAmericaToday, as a direct lender of online installment loans, allows you to borrow $200 to $1,000.
  • The exact loan amount is based on your current monthly income. As a first-time borrower, you can qualify for up to a maximum of $500.
  • However, we will reward you by increasing your loan limit by $100 on each successful repayment. Note that we do not supply loans exceeding $1,000.

Installment Loan Rate

  • There are no hidden fees. All the applicable and non-applicable fees are clearly mentioned above.
  • APR is not dependent on credit score. We do not charge a higher APR for bad credit score borrower. Standard APR applicable for borrowers with good credit, bad credit and no credit.
  • Interest rate of $30 for every $100 borrowed.

Fixed and Predictable Monthly Payments

  • Our online installment loans come with greater repayment flexibility in comparison to pay day loans that are structured to pay back in lump sum.
  • Loan can be repaid through a number of fixed or scheduled payments offering greater payment predictability.
  • The standard installment loan term is 12 bi-weekly payments, not to exceed 180 days.
  • You can rescind your loan within 3 days of signing your loan contract by sending an email.
  • There are no prepayment penalties for paying off the loan early.

ACH Transfer

  • Automatic Clearing House or ACH transfer is a method of electronically depositing or withdrawing funds from an account.
  • When you provide a check as payment on your installment loan application, you authorize us to process the payment as an electronic check transaction.
  • When we present an ACH request to your bank, it will send the specified amount of loan fees and/or principal to us which was outlined in your loan agreement.
  • If the payment is returned for reason of insufficient funds, we can and will present the ACH Authorization to your bank again.

APR & Rates FAQ

An Annual Percentage Rate (APR) is the total cost of credit including the effective rate of interest on your loan. The APR expresses your loan's finance charges as an annual rate.

The loan fee depends on the length and number of payments; in case you repay early, the fee will be adjusted based on your shortened payment schedule. We do not charge more than what the law allows. Use our loan calculator for an estimate.

Non-payment may result in additional charges. Contact us as soon as you are aware that you won't be able to make the next payment in time.

No. All the applicable and nonapplicable fee elements are clearly mentioned in the Rates and Terms section above.

We at CashAmericaToday, deposit the approved loan amount immediately. However, depending on your bank policies, it may take minimum 24 hours to maximum up to 2 days for the loan amount to reflect in your account.

Yes. However, any loan requested on Friday after 6:00 PM EST will be processed on the next business day which is usually Monday — unless it is a holiday.

Yes. You can rescind your online installment loan within 24 hrs or 3 days of taking out the loan. For example, if you receive the loan on Wednesday, you have time until Thursday 6:00 PM EST to return it, without any penalty.

No. The amount is electronically debited via ACH from your authorized bank account on payment due date.

CashAmericaToday follows all NACHA regulations. We are authorized to utilize the Federal Reserve Wire System. We always abide by the state and federal laws, and will never withdraw more money than you have authorized in the loan process.

If you do not want us to withdraw the full amount on the due date, you have the option to extend your loan. You may make partial payments at any time prior to maturity on the principal balance without incurring additional charges.

APR stays constant throughout the loan term in fixed APR. However, in Variable APR, the APR fluctuates with the market conditions.

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