9393 Olde 8 Rd, Northfield, OH, 44067-1953 (855) 723-4821 support@borrowlyapp.com

Rates & Fees

Home Rates & Fees
Our Philosophy

Transparency Matters

Understanding Loan Costs

Cash Advance & Loans: FirstFed does not determine or influence any loan terms. Rates, fees, and repayment conditions are set by the lenders you may be matched with. Always read lender disclosures before making a decision.

While we don't set rates, we believe in helping you understand what goes into loan costs. Here's what you might expect from lenders in our network:

Types of Rates & Fees

Annual Percentage Rate (APR)

The yearly cost of borrowing, including interest and fees, expressed as a percentage. Rates vary by lender, loan type, amount, term, and your credit profile.

Origination Fees

Some lenders charge a fee to process your loan application, typically a percentage of the total loan amount. This is often deducted from your loan proceeds.

Late Payment Fees

Charges applied when you miss a payment deadline. These vary by lender and are detailed in your loan agreement.

Payment Processing Fees

Some lenders may charge small fees for certain payment methods. Many offer free payment options as well.

Cash Advance & Loans: FirstFed Does Not Charge Fees

Our service is completely free to use. We do not charge borrowers any fees for matching them with lenders. We are compensated by our lending partners when a match results in a funded loan.

Understanding Your Options

When you receive loan offers through Cash Advance & Loans: FirstFed, each lender will provide:

  • The interest rate and APR
  • All applicable fees
  • Repayment terms and schedule
  • Total cost of the loan over its lifespan

We encourage you to carefully review and compare all offers before making a decision. If something isn't clear, contact the lender directly for clarification.

Remember: Cash Advance & Loans: FirstFed is not a lender and does not make credit decisions or issue loans. We simply connect you with potential lenders who may provide you with loan options.

Get In Touch

9393 Olde 8 Rd, Northfield, OH, 44067-1953

support@borrowlyapp.com

(855) 723-4821

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