Rates & Terms for Delaware

Image: de_thumb.

Loan Amount and Terms

The minimum loan amount available to Delaware customers is $300.00
The maximum loan amount available to Delaware customers is $2200.00
The minimum loan term is 6 months
The maximum loan term is 15 months

Cost of Credit

The chart below represents illustrative examples of the cost of a $600 loan. Rates and terms vary based on loan amount. Please see your loan agreement for the annual percentage rate (APR) and other terms applicable to your loan. If you have any questions, or would like more information, please ask. Make certain the questions that you ask are answered. Make certain you understand the terms and costs of your loan.

Itemization of Current Charges

Effective Date: 10.17.2013

Loan Type: Closed-end installment loan

Annual interest rate: 199.00% to 449.00%

Late fee: 5% of the unpaid installment payment

NSF fee: $25

Consumer Installment Loan Rate Schedule**
Monthly Customer - Seven (7) Payments
Annual Percentage Rate Finance Charge Amount financed Total of payments
The cost of your credit as a yearly rate The dollar amount the credit will cost you The amount of credit provided to you on your behalf The amount you will have paid after you have made all payments as scheduled
388.93% $951.57 $600.00 $1551.57

Illustrative example of the terms of repayment with a loan date of: 10/03/2013

Payment Schedule:

Payment Number Amount of payments When payments are due
1 $221.67 10/31/2013
2 $221.67 11/29/2013
3 $221.67 12/31/2013
4 $221.67 01/31/2014
5 $221.67 02/28/2014
6 $221.67 03/31/2014
7 $221.55 04/30/2014

** This Consumer Installment Loan Rate Schedule provides an illustrative example of a typical extension of credit we offer to qualified applicants. The APRs noted above are for a $600 loan repayable in seven monthly payments. APRs range from 199.00% to 449.00%. We offer a range of possible combinations of credit terms. The terms listed in this Consumer Installment Loan Rate Schedule may be offered for only a limited period of time and may differ from your loan agreement.

Consumer Installment Loan Rate Schedule**
Biweekly Customer - Thirteen (13) Payments
Annual Percentage Rate Finance Charge Amount financed Total of payments
The cost of your credit as a yearly rate The dollar amount the credit will cost you The amount of credit provided to you on your behalf The amount you will have paid after you have made all payments as scheduled
393.06% $880.12 $600.00 $1480.12

Illustrative example of the terms of repayment with a loan date of: 07/24/2013

Payment Schedule:

Payment Number Amount of payments When payments are due
1 $113.87 08/12/2013
2 $113.87 08/26/2013
3 $113.87 09/09/2013
4 $113.87 09/23/2013
5 $113.87 10/07/2013
6 $113.87 10/21/2013
7 $113.87 11/04/2013
8 $113.87 11/18/2013
9 $113.87 12/02/2013
10 $113.87 12/16/2013
11 $113.87 12/30/2013
12 $113.87 01/13/2014
13 $113.68 01/27/2014

To view the State of Delaware Regulations concerning allowable interest and fees click here.

** This Consumer Installment Loan Rate Schedule provides an illustrative example of a typical extension of credit we offer to qualified applicants. The APRs noted above are for a $600 loan repayable in thirteen biweekly payments. APRs range from 199.00% to 449.00%. We offer a range of possible combinations of credit terms. The terms listed in this Consumer Installment Loan Rate Schedule may be offered for only a limited period of time and may differ from your loan agreement.

Governing Law

The loan agreement will be governed by the applicable laws of your state. Questions or complaints should be directed to your state's regulatory agency. Click here for contact information.

CashNetUSA is licensed in Delaware by the Office of the State Bank Commissioner.