APR & Loan Duration
The APR on a personal loan from our network of lenders and lending partners varies, with many providers offering rates from 4.79% to 35.99% and loan durations between 90 days and 72 months. The actual loan rate depends on the loan amount and term requested, as well as your credit score, usage, and history. If you are offered a loan, you will have the opportunity to review the final offer made by the lender or lending partner and accept their loan agreement.
Representative Example
If you borrow $4,000 on a 2 year repayment term, the monthly repayment will be $182.74. Total repayment will be $4,385.74.
Personal Loan Example
| Amount | Period | APR | Monthly | Total Paid |
| $2,000 | 24 month | 12% | $94.15 | $2,259.60 |
| $2,000 | 24 month | 24% | $105.74 | $2,537.76 |
| $2,000 | 24 month | 35.99% | $118.09 | $2,834.16 |
Typical Personal Loan Terms
While specific terms of personal loans will vary depending on your state, lender and your specific circumstances, below is a general range of common terms.
- Loan amount: $2,000 – $15,000
- Lending period: 6 – 72 months
- Payment frequency: Once a month or twice a month
- APR: Will vary based on your credit score, repayment history and other factors
- Prepayment penalty: None
Annual Percentage Rate (APR)
The Annual Percentage Rate is the rate at which your loan accrues interest. It is based upon the amount of your loan, cost of the loan, term of the loan, repayment amounts and timing of payments and payoff. By law, the lending partner and partner must show you the APR before you enter into the loan.
States have laws limiting the APR that the lending partner or partner can charge you. Rates will vary based on your credit, loan size and whether collateral is provided, with the lowest rates available to customers with good credit on larger, secured loans. Minimum and maximum loan amounts and APR may vary according to state law and lending partner or partners. We recommend you read the lending partner’s and partner’s personal terms and conditions in full before proceeding for a personal loan.
APR Disclosure
The Annual Percentage Rate is the rate at which your loan accrues interest. It is based upon the amount of your loan, cost of the loan, term of the loan, repayment amounts and timing of payments and payoff. By law, the lending partner and partner must show you the APR before you enter into the loan. States have laws limiting the APR that the lending partner or partner can charge you. Rates will vary based on your credit, loan size and whether collateral is provided, with the lowest rates available to customers with good credit on larger, secured loans. Minimum and maximum loan amounts and APR may vary according to state law and lending partner or partners. We recommend you read the lending partner’s and partner’s personal terms and conditions in full before proceeding for a personal loan.
How a Personal Loan can Help You.
From a large medical bill to a car repair, you never know when an emergency will hit close to home. Just the same, there are times when you need an influx of funding to take on a home improvement project or to make a purchase.
Our process is designed with the consumer in mind, as it’s our goal for you to move forward in a fast and efficient manner. With access to our network of lending partners, you may be able to secure a loan of up to $100,000. Even better, you may be able to receive your funds within one business day (selected lenders).
Important Information
We are not a lender, but instead have partnerships with a variety of lenders. Upon submitting a request on our website, we’ll do our part in connecting you with the best lender (or lenders) in our partner network.
Not a Lender Notice
We do not have any control over loan fees and interest rate. This is determined by your provider, based on a variety of factors. We are not a lender, we never make a loan offer, and we don’t broker online loans. The operator of this website is not a lender, does not broker loans to lenders and does make personal loans or credit decisions. This website does not constitute an offer or solicitation to lend. This website will submit information you provide to a lender. Providing your information on this website does not guarantee that you will be approved for a personal loan. The operator of this website is not an agent, representative or broker of any lender and does not endorse or charge you for any service or product.
Office Location
Address: Attn: LeadDemand – 3200 E. Guasti Road, Suite 100 – Ontario, CA 91761
Contact Information
Email: support@persaloan.com
Phone: Customer Service
