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Our Daily Interest Explained (VIDEO)

Daily Interest Explained:

Dollar Loan Center low rate signature loans have interest that accrues daily.

Which means you will only pay interest for the amount of time you need it.

For example, if you keep your loan out for 3 days, you only pay 3 days worth of interest. Those other guys charge you two week upfront no matter what, even if you payoff your loan in 3 days.

With Dollar Loan Center there are no prepayment penalties and any amount you pay over and above the interest that has accrued will go toward the loan principal and reduce the balance.

For example if your loan is $500.00 your interest for 7 days is $18.95. So if you pay $120.00 for this payment the extra $101.05 will go towards your principal for your next payment, making your new principal balance $398.95.

Again the total amount of interest you pay on your low rate signature loan is up to you. Our low rate signature loans have helped many people through difficult economic times.

The Dollar Loan Center guarantee includes being one of the most established providers of low rate signature loans in the industry with trusted products, services and immediate financial solutions for over 20 years.


Disclaimer: Licensed by the Nevada Financial Institutions Division. Licensed by the Utah Department of Financial Institutions. Licensed by the Wisconsin Department of Financial Institutions. Licensed by the Idaho Department of Finance. Licensed by the Oklahoma Department of Consumer Credit. Licensed by the Missouri Division of Finance. Loans may be repaid early without penalty. Loan approval and loan terms are based on the lender’s underwriting standards and a review of the applicants’ creditworthiness. Applicants must provide proof of employment or reliable income and valid government-issued I.D. Customer must meet the normal loan qualifications. To review loan qualifications visit us at dontbebroke.com. Certain limitations may apply. Loans are subject to approval.