Rates & Fees / APR

EasyLoanBay does not determine interest rates or fees. All rates, Annual Percentage Rates (APR), and fees are set solely by the third-party lender that makes you an offer. This page offers a general explanation of how rates and fees typically work.

Typical APR Range

APRs on personal and short-term loans can range widely depending on your credit profile, the lender, the loan amount, and the repayment term. Depending on the product, APRs commonly range from approximately 5.99% to 35.99%, and short-term products may carry higher rates. The APR and fees that apply to you will be disclosed by the lender before you accept any loan.

Sample Calculation

As an illustration, a $5,000 loan repaid over 36 months at a 15.99% APR would produce a monthly payment of approximately $176 and a total cost of roughly $6,330. This is one example only and is not an offer of credit.

Read the Terms Before You Accept

Always review the lender's loan agreement, including the APR, every applicable fee, and the repayment schedule, before you accept any offer.