Rates & Fees
Last updated: October 1, 2026
APR Range
The Annual Percentage Rate (APR) is the cost of credit expressed as a yearly rate. The APR range for credit products offered through lenders in our network is 5.99% to 35.99%. The specific APR offered to you depends on the lender's assessment of your creditworthiness, income, and other factors. Not all applicants will qualify for the lowest APR.
Repayment Terms
Repayment terms for credit products offered through our network range from 91 days to 24 months. The specific term offered depends on the lender, the amount requested, and your creditworthiness.
Loan Amounts
Our service connects you with lenders who may offer credit products in amounts ranging from $500 to $5,000. Available amounts through our quick selector include:
Representative Example
The following is a representative example to help you understand the cost of a credit product. Actual terms will vary by lender.
| Loan Amount | $2,000 |
| APR | 35.99% |
| Repayment Term | 12 months |
| Monthly Payment | ~$200.35 |
| Number of Payments | 12 |
| Total Finance Charge | ~$404.20 |
| Total Repayment Amount | ~$2,404.20 |
Fees
Depending on the lender, the following fees may apply:
- Origination fee: Some lenders may charge an origination fee, which is typically deducted from the loan amount before disbursement.
- Late payment fee: Late or missed payments may result in additional fees and may negatively impact your credit score.
- Prepayment fee: Some lenders may charge a fee for early repayment, while others allow early repayment at no additional cost.
- NSF fee: Insufficient funds may result in a non-sufficient funds charge from the lender or your bank.
Review the lender's specific fee schedule before accepting any offer.
Credit Check Disclosure
Checking your options through Lendly will not affect your credit score. Some lenders in our network may perform a soft credit inquiry, which does not impact your credit score, to determine eligibility. If you choose to proceed with a specific lender's offer, a hard credit inquiry may be required, which could affect your credit score.
Renewal Policy
Renewal policies vary by lender. Some lenders may offer loan renewals or refinancing, which may involve additional fees and interest charges. Review your lender's renewal policy carefully before agreeing to any renewal.
Collections
If you fail to repay your credit product according to the terms agreed with your lender, the lender may pursue collection actions in accordance with applicable law. This may include contacting you, reporting to credit bureaus, and engaging third-party collection agencies.
Tribal Lender Notice
Some lenders in our network may be tribal lenders. Tribal lenders are subject to tribal and certain federal laws, but generally not state laws, including state interest rate caps. Rates and terms from tribal lenders may differ significantly from those of state-licensed lenders.
No Guarantee
Lendly does not guarantee that you will be matched with a lender, receive an offer, or qualify for any specific rate or term. The information on this page is provided for educational purposes only.
Questions?
For questions about rates, fees, or any credit product offered through our network, contact us at support@lendailly.com or +1 (888) 505-8850, or visit our contact page.