What interest rate will I be charged?
Cashpandaloans.com is not a lender. Due of this, we are unfortunately unable to confirm the exact APR rate that you will be charged.
Should you have reached this site via a paid Google Ads advert, you will have seen repayment terms ranging from 2 to 48 months, together with illustrated rates of 4.95% to 35.95% for qualified customers (calculation consistent with the Truth In Lending Act, TILA). Even Though some providers offer rates ranging from 4.95% up to 35.99% APR rates that low are only available to certain customers. The repayment terms are for closed end loan products and is not reflective of all loan products offered in our network.
To apply for a loan, you will need to be 18 years or older. The rate of APR you will be charged will be set by the lender. The figure can vary and, will be based both on the information that you provide to the lender within your loan request and the information the lender supplied to you. The lender will always notify you of the APR they can offer you.
APR rates are based on your creditworthiness and are part of risk management ran but the lenders in assessing the loan terms, the rates are subject to change without notice which could result in the rate and amount you pay back varying.
Once your application has been approved by a lender, you will be redirected to them and they will provide you with all the facts and information associated with the loan. This will include the APR, any finance charges associated with the loan as well as all of terms and conditions you for your review and agreeing to. It is particularly important that you read all information submitted to you by the lender to ensure that you can make a well-informed decision prior to accepting a loan offer.
If you do not fully understand the terms, have questions, or don’t like what is being offered, you are under no obligation to accept any offer, simply close the page.
Should you have any questions related to APR or loan related services, please contact us or your direct lender for more assistance.
CashPandaLoans.com refers consumers to trusted, reputable lenders who can provide loan information and advice – we do not charge our users for this service.
Representative Examples (Qualified Customers)
If you borrowed $2,000 over a 12 month period and the loan had a 3% arrangement fee ($60), your monthly repayments would be $189.12, with a total payback amount of $2269.44 which including the 3% fee paid from the loan amount, would have a total cost of $329.44. Representative 29.82% APR.
If you borrowed $5,000 over a 48 month period and the loan had an 8% arrangement fee ($400), your monthly repayments would be $131.67, with a total payback amount of $6320.12 which including the 8% fee paid from the loan amount, would have a total cost of $1720.12. Representative 18.23% APR.