Costs
Every number we can give you up front.
Ranges across participating lenders, a worked example and what moves your rate.
Ranges
| Loan amount | $300–$3,500 |
|---|---|
| Repayment period | 91 days to 30 months |
| APR | 7.49%–35.99% |
| Full repayment within 60 days | Never |
| Paid to Newton Simon by you | $0.00 |
Worked example
| Amount financed | $2,000.00 |
|---|---|
| APR | 19.90% |
| Term | 24 months |
| Monthly payment | $101.69 |
| Finance charges | $440.56 |
| Total of payments | $2,440.56 |
Illustrative only. APR reflects interest and lender fees. Your terms depend on the lender, your state and your credit profile.
What moves your rate
- Credit history: how you’ve repaid before and what you owe now.
- Income: how much and how regularly you’re paid.
- Amount and term: longer terms lower each payment but usually raise the total.
- Your state: state law limits rates and shapes which products exist.
Reading an offer
APR is the yearly cost of borrowing, including interest and lender fees, and is the fairest way to compare offers. Total of payments is everything you’ll pay back. Look at both before you sign.