Rates and Terms
Cash Loans Bear helps you find payday and installment loans in multiple states. Check the rates and terms in your state below.
How Loan Pricing Works
Short-term loans come with several cost components that may not be immediately clear. To help you better understand these terms, here’s a plain-language breakdown of what you’ll see in your loan agreement:
What to Know Before You Apply
01
For short-term gaps only
Short-term loans are designed for urgent needs. You should not use them for regular bills or discretionary spending.
02
Borrow only what you need
Don’t borrow more than the emergency requires. Make sure the repayment amount fits comfortably within your monthly budget.
03
Approval depends on eligibility
Not every applicant qualifies. Approval decisions are based on income, credit history, and other factors, which vary by lender and state.
03
Read your agreement
Double-check all the rates, terms, and costs before you sign anything to avoid any unpleasant surprises.
Alternatives to Payday Loans
While they may seem like the simplest way to get money fast, payday loans are still rather expensive.
Here are some other options you may consider so you don’t overpay:
Installment loans
Repaid over multiple payments rather than one lump sum. These are much easier to manage due to the flexible repayment structure.
Payment extensions from service providers
Some utility companies, landlords, and medical billing offices can push a payment back if you reach out directly. Contact them and ask.
Credit union products
Credit unions’ Payday Alternative Loans (PALs) have lower fees and longer repayment windows.
Family or friend support
Borrowing from someone you know costs nothing extra. It can feel awkward to ask, but it’s often the most affordable option.
Nonprofit credit counseling
Organizations like the NFCC offer free or low-cost financial counseling and can help you figure out your options without increasing your debt.
If You Have Trouble Repaying
If you’re having a hard time making a payment on time, get in touch with us before the due date. The sooner you reach out, the more we can do.
Depending on the state regulations and lender, several options may be available:
Due date extension:
Move your payment date back by a few days if you need a little extra time.
Extended payment plan:
Split your remaining balance into smaller payments over a longer period.
Promise to pay:
Agree on a future payment date if you’re temporarily unable to pay.
Keep in mind that missed payments may result in penalties, including late fees and overdraft or NSF fees, and could damage your credit report. We’d rather find a solution together.
Need to stop automatic payments? Contact us directly instead of blocking the transaction through your bank, and we’ll help you sort out an alternative.
Filing a Complaint
If, for some reason, you feel an issue hasn’t been handled fairly, you have the right to file a complaint with your state’s financial regulatory agency. Contact details for your state regulator will be listed in your loan agreement. You can also contact the Consumer Financial Protection Bureau (CFPB).
How to Request a Repayment Plan
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Contact support
Reach out by phone, by email, or by visit one of our locations as soon as you know you’ll need help.
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Review available options
A team member will walk you through what’s available in your state and will help you choose the best one.
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Confirm the new schedule
Once you’ve agreed on a plan, sign the new schedule and make sure a copy is emailed to you.
Borrower Rights and Important Disclosures
State availability
Loan products, rates, and terms vary by state and may not be available in all locations. We operate only in states where we are licensed or authorized to offer loans. State-specific terms will be presented during the application process and outlined in the agreement.
Licensing and Disclosures
Loan providers are legally required to be licensed in the states they operate in and must disclose all rates, fees, and terms before you sign anything, not after.
Privacy policy
We take your data seriously. You can read our full Privacy Policy to understand how your information is collected, used, and protected. You also have the right to limit certain types of data sharing. To do so, see our opt-out options.
Consumer Rights Summary
As a borrower, you have the right to fair treatment and clear information at every step. Under applicable laws, including the Equal Credit Opportunity Act (ECOA), lenders may not discriminate based on race, color, religion, national origin, sex, marital status, age, or source of income. You also have the right to receive clear information about loan terms and, if applicable, the reason for a declined application.
How to Verify a Legitimate Lender
No guaranteed approval: Any lender promising 100% or instant approval before looking at your application is a red flag.
No upfront fees: Credible companies do not charge any fees before sending your funds.
Licensed in your state: Check if the lender is licensed to operate in your state and on what terms.
Clear contact information: A real lender must have a real phone number you can call, an email address, and a physical address you can stop by.
Secure website: Look for “https://” and a padlock icon in the browser bar, and go through the privacy policy to see how your data is collected, stored, and shared.
FAQ
How much can I borrow?
With a payday loan, you may borrow as little as $100 and up to $1,000. If you’re looking for a larger amount, an installment loan may offer up to $5,000. Actual loan amounts depend on your state of residence and eligibility.
How fast can I get funds?
In most cases, approved applicants receive funds on the next business day, or sometimes on the same day, but only if approved before 10 a.m. Timing depends on when you apply and your bank’s cutoff times.
Do you check credit?
We do run a soft credit check and review your banking history as part of the application process while assessing your ability to repay the loan. Unlike a hard inquiry, a soft check has no impact on your credit score.
Can I repay early?
In most cases, lenders allow early repayment with no fees. However, it’s better to check your loan agreement as terms may vary.
What if I miss a payment?
A missed payment may result in late fees and could damage your credit score if the lender reports it to the credit bureaus. If you think you might have trouble making a payment, contact us before the due date, and we’ll find a solution.
How do I request a repayment plan?
Contact our support team by phone, by email, or by visit our store for in-person assistance. We’ll review what’s available in your state and help you set up a schedule that works best.
How do I find my state’s loan terms?
Use the state selector at the top of this page to look for your state or contact our support team for more details.