Loan Cost and Terms

ThinkCash provides short-term personal loans from $250 to $2500. The amount you are offered and the finance charges and interest rate will depend on your application information, your credit information, and your payment history with us. Don't worry if you are not approved for the maximum amount on your first loan. As you make successful payments, you may become eligible for larger loans. To qualify for a loan you don't need to be employed, but you must have a regular source of income.

The cost of your loan is based on the size of the loan you are approved for. It ranges from $1.00 per day per $100 borrowed (365% APR) for small, short-term loans down to $0.24 per day per $100 borrowed (87% APR) for larger, longer-term loans for customers with successful payment histories or higher credit scores. While these rates are lower than the rates charged by many other short term lenders, they are higher than some other forms of credit, so we encourage you to pay off your loan as quickly as possible.

At ThinkCash, there are no hidden charges or fees – you only pay interest for the time you keep the loan. We never charge prepayment penalties, and we make it easy for you to lower the cost of your loan by paying down or paying off your loan early. However, if you make a late payment, skip a payment, or your payment is returned to us, you may incur additional fees.

The number of payments you'll make on your loan is based on the size of the loan and your pay schedule. We have structured our loans so in most cases you don’t pay more than $100 per payment (based on biweekly payments – your actual payment amount will vary based on pay frequency and loan amount). In order to help you manage your loan payment schedule, your loan payment dates are linked to your pay dates. That is, if you are paid every other week, you will make your loan payments every other week, and if you are paid monthly, you will make monthly loan payments. And all payments can be made automatically, so you don't have to mail a check or remember payment dates.

To find out how much you can borrow, click here to apply now.