Once your loan verification documents are received, approval takes minutes.
You choose how to get your money: cash in hand or loaded onto your prepaid debit card.
You can borrow any amount up to your loan limit. Your loan limit will be established based on:
Your loan limit may change if any of the above changes.
*Installment Loans are currently available in select Branches in Spokane.
The amount of payments will vary based on the loan amount, the number of payments and the length of the loan. Using a $500 loan with biweekly payments as an example:
A $500 loan would cost $575 which includes finance charges of $75 and is based upon you agreeing to make 5 payments of $115 due every two weeks with an APR (Annual Percentage Rate) of 126.03%.*
1Washington law does not permit lenders to lend to individuals who have taken out over eight (8) payday loans from a Washington-licensed payday lender during the prior 12-month period.
*The Annual Percentage Rate ("APR") is the cost of your loan expressed as a yearly rate. The actual APR for your loan may be higher or lower than this example, depending on the actual amount you borrow and your actual repayment schedule.
Customer Notice:There are a wide variety of loan products available in the marketplace, so your choice of lending products should match your financial needs. Small-dollar loans used over a long period of time can be expensive.
| PAYDAY LOAN | SIGNATURE LOAN | INSTALLMENT LOAN1 | |
|---|---|---|---|
| Loan Amount | Up to $700 | Up to $500 | $50 - $700 |
| Cost | $15 per $100 up to $500 and $10 per $100 on amounts over $500 | $15 per $100 up to $500 | $15 per $100 up to $500 and $10 per $100 on amounts over $500 |
| Terms Available | Next payday | Next payday | Min 60 - Max 90 |
| No. of Payments | 1 | 1 | 1 per payday |
| Renewal or Refinance Option? | No | No | No |
1Installment Loans are currently available in select Branches in Spokane.
*The Annual Percentage Rate (“APR”) is the cost of your loan expressed as a yearly rate. The actual APR for your loan may be higher or lower, depending on the actual amount you borrow and your actual repayment schedule.
Moneytree is a direct lender and never sells your information.
We're licensed by the Washington State Department of Financial Institutions.
Our Team will let you know in minutes how much you qualify to borrow.
Our Mission is to exceed your expectations. Visit a Branch today and learn more from one of our knowledgeable and friendly Tellers!
Questions about installment loans? Call our Customer Service Team at 1-800-745-1011.
Due to limitations imposed by the Military Lending Act, Moneytree does not make loans to "covered borrowers," a term which includes active duty members of the military, their spouses and dependents. Learn More.
Moneytree establishes credit limits for first-time Washington loan Customers based on:
*without either of the loans returning
Moneytree, Inc., is licensed by the Washington State Department of Financial Institutions. Licensing information is available upon request. Moneytree is registered with the federal government as a Money Services Business (MSB).
Payment due dates are based on your pay schedule with payments due on each payday (or next calendar day) throughout the term of the loan.
You can prepay your loan in full prior to the due date with no prepayment penalty.
Loan renewals are not available in Washington.
To verify or change your payment due date, please log in to your Moneytree online account. If you don’t have an online account, and wish to set one up, please call or visit any Moneytree Branch or contact our Customer Service Team at 1-800-745-1011.
Payment options vary depending on your loan agreement.
If you are unable to pay your loan when it is due, Moneytree offers a payment plan. You must request a payment plan before the deposit time on the day your loan is due. If the amount you owe is $400 or less, you can enter into a payment plan to repay in substantially equal payments over 90 days. If the amount you owe is more than $400, you can enter into a payment plan to repay in substantially equal payments over 180 days. There is no charge to enter into the payment plan. You will not be eligible to take out a payday loan, signature loan or installment loan from any Washington licensed lender until your payment plan is paid in full.
You can obtain additional details by contacting Customer Service at 1-800-745-1011 or by visiting a Branch.
If your check or ACH returns unpaid, you will be charged a one-time $25 fee. You can reach Moneytree's Payment Center at 1-888-516-6643 for more information.
A payday loan costs $15 per $100 borrowed up to $500, and $10 per $100 on the amount over $500. For example, a $100 loan due in 14 days would have a total repayment amount of $115 and has an APR (Annual Percentage Rate) of 391.07%.*
