My Payment Loan

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FAQ

FAQ

What is the difference between selling my payments and taking a loan against them

If you sell your payments, you never receive that payment income again. If you take a loan against your payments, you repay the loan from your future payments. Once the loan is repaid, you being receiving payments again.

Do I have to go to court to take a payment loan

No. You do need to go to court to sell your payments but it is not required for a loan.

How much does a payment loan cost? What are the fees

Our payment loans have a 2.9% interest rate. There are no discount rates that decrease the amount of cash you receive or other fees.

How much can I borrow

It depends on the amount of your payments and the number of payments you have remaining. We can quickly tell you how much you qualify for after a brief phone cal

What if I have bad credit?

Your credit score doesn’t matter. We simply need to verify your future payments.

How quickly can I get cash?

As little as 4 hours

Do I automatically qualify for a loan

We do need to verify your payments first which will require a brief phone call.

What are the repayment terms?

A loan specialist will review the repayment terms with you. Loan payments will be automatically deducted from your future payments so there are no bills for you to pay.

What if I need more cash?

Once your loan is repaid, you can take additional payment loans out against future payments. If you still need more cash, selling your payments may also be an option.