Financing From 18.59%-33.42% APR
We understand everyone has financial challenges in life, and that’s why Fast Money Loan exists. We’re here to help you get the cash you need as quickly as possible. We’ve been providing title loans since 1997, and we’re in this business to help people just like you. With fast money loan your guaranteed an affordable monthly payment.
Our Diamond Express program was designed to provide a quick and efficient financial solution to California residents that need money fast. The Fast Money Diamond Express program offers an APR as low as 18.59% and up to 33.42% for all qualifying customers that meet all the necessary criteria.
APR and Cost of Credit
Interest Rate: Fast Money Loan charges Interest rates starting as low as 17% simple interest and is dependent on your financial ability to repay your loan, creditworthiness, collateral, and agreed-upon terms. The Annual Percentage Rate (“APR”), may be slightly higher due to an Administrative Fee which is included in the computation of APR as Prepaid Interest.
APR: The Diamond Express Loan maximum APR is 33.42%
Administrative Fee: Fast Money Loan may charge an Administrative Fee. Administrative Fees are fully earned at origination. See examples below.
DMV or Lien Transfer Fees: Fast Money Loan may include a DMV Fee or Lien Transfer Fee in your loan. See examples below.
No Pre-Payment Penalty: Fast Money Loan does not charge a pre-payment penalty.
No Minimum Repayment Period: There is NO minimum repayment period.
Loan Term: All loans are written for a period of 36 months. However, you may payoff the loan early without a prepayment penalty. We do not offer loans with a repayment period of 60 days or less.
Examples of 36 Month Loans:
|DMV Lien Transfer Fee
|Monthly Payment Amount
|Total Cost Payable
No Pre-Payment Penalty
The interest on the loan may vary depending upon the timing of the payments made. There is no prepayment penalty. This means that you can pay off your loan at any time without penalty, and you will only be charged interest during the time that you have an outstanding balance. However, the administration fee (origination fee) is not refundable. The Annual Percentage Rate (“APR”), may be slightly higher due to an Administrative Fee which is included in the computation of APR as Prepaid Interest.
Subject to specific underwriting criteria and ability to repay. In order to qualify, customers must have a 620 FICO score or greater. Principal amounts for Diamond Express Loans start at $2,600. Other restrictions apply. Not all applications will be approved.