Payments | Lend-A-Dollar: Personal Loans, Lines of Credit, Cash Advance

Payments

Lend A Dollar offers a variety of methods for you to repay your account and become a VIP customer.

How do I become VIP?

By making your payments on time, you may qualify for a VIP program.

VIP Benefits

Lend A Dollar VIP customers take advantage from a range of benefits, such as: quick approval, higher credit limit and One-Click loan renewal.

Disclaimer

Please refer to your Loan Agreement for the legally binding Terms & Conditions of your loan.

Interest & Repayments

For information on Interest charged by the lender as well as the Credit Access Business fees charged by Lend A Dollar, please refer to your loan documents, where you will find detailed explanation of the cost associated with your loan.

Loan repayments are typically 14 days but may vary based on your payday and loan origination date. The first payment may be less than 14 days.

You can pay early or more frequently without any penalty. Every time you make a payment, it reduces your principal balance, and the loan interest is immediately adjusted.

If you agree to the ACH Authorization / Debit Card Authorization, the money will be drawn automatically from your bank account. Alternatively, you can pay using a debit card – we accept all the major brands (VISA, MasterCard), electronic check if authorized or using bill payment networks (Western Union, MoneyGram). You can change your payment method online using our 24/7 customer service portal.

To discuss your payment options, please contact our Customer Service department.

Texas Customers: Lend A Dollar is a Credit Access Business in Texas doing business in accordance with Chapter 393 of the Texas Finance Code. Lend A Dollar does not make credit decisions and does not offer loans in Texas. Lend A Dollar arranges and services your loan for a fee. In Texas, loans are made by an unaffiliated third party lender, and all credit decisions will be made by the third party lender. The lender may perform a credit check or otherwise verify the information you provide. The lender may not offer loans up to the advertised amount and it may not provide you with the loan amount you requested. Loan amounts are determined by the lender based on individual creditworthiness. You are NOT required to accept the terms of the loan that a lender offers you. If you don’t agree with or don’t like the terms of the loan offered by the lender, do not electronically sign the loan documents.

For details, questions, or concerns regarding your loan please contact us directly. In some situations, faxing or emailing of documents may be required. Consumer Notice: An advance of money obtained through a payday loan or auto title loan is not intended to meet long-term financial needs. A payday loan or auto title loan should only be used to meet immediate short-term cash needs. Refinancing the loan rather than paying the debt in full when due will require the payment of additional charges. Borrow Responsibly – Late or missed loan payments may result in additional finance charges and fees, your account falling into collections, and may negatively impact your credit history. Consumers experiencing credit difficulties should seek credit counseling or meet with a nonprofit financial counseling service in their community. Every loan, no matter how big or small, is a debt that must be repaid. If a loan is not paid when due it may result in: Additional finance charges and fees, The account falling into collections, Negatively impacting your credit history. It is important to understand the terms and conditions as well as the resulting obligations of your loan before signing the agreement. Please read the loan document carefully, review the financial implications of late and non-payment, and ask your Lender to explain anything you don’t fully understand. If you are having trouble making your loan payment, give your Lender a call. They may be able to work with you to refinance or extend your loan. The options available depend on your Lender’s policies, your state and local laws, and other factors. However, keep in mind that extending or refinancing your loan will result in additional finance charges and fees. Only your Lender can provide the specific repayment options and details if you can’t repay your loan on time. Responsible Borrowing: Florida Financial Management LLC strives to connect you with a long-term financial solution and adheres to the OLA Responsible Lending Policy. A short-term loan is an expensive form of credit intended for short-term financial needs only, and should not be used as a long-term financial solution. Before taking out a loan consider how it will affect your finances in the future. We recommend creating a realistic budget that includes the loan payment. If you don’t have enough money to pay all of your living expenses, debts, and the loan payment you should reconsider the loan because owing more than you can afford to repay can damage your credit for years to come. Please follow these responsible borrowing practices: Consider all your options, Borrow only what you can afford to repay, Provide complete and accurate information to the Lender, Read the terms and conditions carefully, Ask questions if you don’t understand something, Budget for repayment, Avoid over-borrowing. Consumer Advisory: Our lender partners will never ask for advance payment.

* - Actual cost might vary depending on the Lender and repayment schedule. $1 per day for every $50 borrowed is representative of a 730% APR. ** - Instant Funding is only available to selected VIP customers subject to payment processor availability.