Cash Advance Rates

Welcome to the Rates section of Cash Advance by Cash Tools. Below you will find detailed information regarding the financial terms applicable to our cash advance services.

Annual Percentage Rate (APR)

The APR for cash advances through our app ranges from a minimum of 3.99% to a maximum of 34%. The rate you receive will depend on your credit history, the amount advanced, and the agreed repayment period.

Representative Example of APR

For an advance of $150 with a repayment period of 12 months at an APR of 10%, the total amount payable would be approximately $165.00. This includes the principal amount of $150 and $15.00 in interest.

Calculation: The monthly repayment in this scenario would be about $13.75. Please note this is a representative example, and your actual terms may vary.

Repayment Period

Our cash advances come with flexible repayment terms ranging from 90 days to 24 months. You can choose the repayment period that best fits your financial situation.

Detailed Breakdown of Fees

While we strive to keep fees to a minimum, here are some potential fees that could apply, based on the specific terms of your cash advance:

• Transaction Fee: A fee may be applied for processing your cash advance. This fee is often a percentage of the amount advanced.
• Late Payment Fee: A fee may be applied if a repayment is not made by the due date. This is to cover the cost of managing late payments and is usually a fixed amount.
• Prepayment Fee: In some cases, repaying your advance early can incur a fee. This is to cover the potential loss of expected interest.
• Non-Sufficient Funds (NSF) Fee: This fee is charged when a repayment is returned due to insufficient funds in your bank account, covering the costs associated with failed transactions.

Changes to Rates and Fees

We reserve the right to modify our rates and fees as necessary. Any changes will be promptly posted on this page and communicated directly to you as required by law.

Additional Information

If you have any questions about our rates, terms, or need assistance, please contact us at info@cash-in-advance.com. Our goal is to provide clear and transparent information to help you manage your finances effectively.