Money Mart offers online loans ranging from $1,000 to $15,000, with flexible repayment terms of 12 to 60 months. The application process is straightforward and can be completed online within minutes. Once approved, the funds are directly deposited into your account within a week. To qualify, you must be 19 years or older, have an active checking account, and a steady income. For instance, if you borrow $1,000 for a term of 12 months, you will be required to pay a fee of $501.08, making your total repayment amount $1,501.08.
Money Mart review
Money Mart offers a convenient and quick way to secure a loan ranging from $1,000 to $15,000. The loan term is quite flexible, spanning from 12 to 60 months, allowing borrowers to choose a repayment plan that suits their financial situation.
Applying for a loan with Money Mart is a hassle-free process. You can easily apply online within minutes, and the funds are deposited directly into your account within a week. This makes it an ideal option for those who need immediate financial assistance.
However, there are certain conditions that you must meet to be eligible for a loan. You must be 19 years of age or older, have an active checking account, and a steady income. These requirements ensure that you are capable of repaying the loan.
To give you an example of the repayment terms, if you borrow $1,000 with a term of 12 months, your total repayment would amount to $1,501.08. This includes a fee of $501.08. It’s important to consider these repayment terms and fees before taking out a loan.
In conclusion, Money Mart provides a straightforward and quick solution for those in need of a loan. With online applications and flexible terms, it’s a viable option for those seeking financial aid. However, make sure to consider the repayment terms and ensure that you meet the eligibility criteria before applying.
Table of repayments
Amount | Fee | Total payment | Term |
$1.000 | $501.08 | $1 501.08 | 12 months |
If you will get the loan of $1.000 with the term of 12 months, your totally payment would be $1 501.08. The fee is $501.08.