Here's The Great Thing - Simple Pricing And Terms
What makes Great Plains installment loans such a great option for emergency cash?
- Up to $1,000 on Your First Loan. At Great Plains, you can get up to $1,000 with your very first loan and up to $1,500 on subsequent loans.1 As you build a successful payment record*, you'll become eligible for larger future loans at lower rates!*
- Easy, Affordable Payments. At Great Plains, you’ll repay your loan with easy, affordable installment payments. Our loan terms range from 6 to 15 months - depending on your loan amount, and you can pay your loan off at any time with no hidden fees or surprises! You pay interest only for the time you keep your loan.**
- Lower Rates. On average, our rates are 27%1 lower than payday loans. Plus, with a successful payment record* you’ll be eligible for even lower rates on future loans.
* A successful payment is made on time, for the full amount due, and is not returned unpaid (i.e. for insufficient funds).
** If you skip a payment, or if your payment is late, or is returned, you may incur additional fees. Complete disclosures of APR, fees and payment terms are provided with the Loan Agreement.
1First time Great Plains Lending customers typically qualify for an installment loan of $100 to $600 with an APR of 448.77%, or 27% less than the average 611.96% APR for a payday loan. For example, a $500 loan from Great Plains at 448.78% APR would require 12 bi-weekly installment payments of $101.29. After the 12th successful payment, your loan would be paid in full. An average payday loan of $500 with an APR of 611.96% and a fourteen (14) day term would require one payment of $617.37. Average payday loan pricing is based on Texas-originated loans facilitated by credit service organizations such as CashNet USA® (664.30%), ChecknGo® (661.75%), MyCashNow (485.45%), DiscountAdvances.com (456.25%) and Ace Cash Express® (792.05%) as of February 16, 2012.
** If you skip a payment, or if your payment is late, or is returned, you may incur additional fees. Complete disclosures of APR, fees and payment terms are provided with the Loan Agreement.
1First time Great Plains Lending customers typically qualify for an installment loan of $100 to $600 with an APR of 448.77%, or 27% less than the average 611.96% APR for a payday loan. For example, a $500 loan from Great Plains at 448.78% APR would require 12 bi-weekly installment payments of $101.29. After the 12th successful payment, your loan would be paid in full. An average payday loan of $500 with an APR of 611.96% and a fourteen (14) day term would require one payment of $617.37. Average payday loan pricing is based on Texas-originated loans facilitated by credit service organizations such as CashNet USA® (664.30%), ChecknGo® (661.75%), MyCashNow (485.45%), DiscountAdvances.com (456.25%) and Ace Cash Express® (792.05%) as of February 16, 2012.
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