Ohio Installment Loan Fee Schedule

OHIO ONLINE INSTALLMENT LOAN SAMPLE FEE SCHEDULE AND APR CALCULATION

The charts below are examples of the fees and interest you will pay for your installment loan arranged by Cash Factory USA as a Credit Service Organization ("CSO"). The amount and number of payments will vary based on the loan amount, the CSO Fee*, the number of payments, and the term of the loan. The actual finance charge and APR of your loan will be disclosed in the federal Truth-In-Lending Statement contained in your promissory note.

BORROWERS WITH BI-WEEKLY & WEEKLY PAY PERIODS
LOAN TERM IN DAYS1 AMOUNT OF LOAN TYPICAL PAYMENT NUMBER OF PAYMENTS2 CSO FEE* LENDER INTEREST APR
172 $100.00 $20.44 12 $130.00 $15.22 425.2215%
172 $300.00 $61.31 12 $390.00 $45.66 425.1617%
172 $500.00 $102.18 12 $650.00 $76.09 425.1478%
172 $1,000.00 $204.35 12 $1,300.00 $152.22 425.1317%

(1) Sample loan term assumes a 172-day loan term funding on July 23, 2018 with bi-weekly payments commencing on August 10, 2018. Depending on your pay periods, the lender will lend up to a maximum of 180 days.

(2) Sample loan repayment schedule includes 12 installments. Payment dates may be adjusted for borrower's convenience. Please note the final installment may be slightly higher or lower.


BORROWERS WITH SEMI-MONTHLY PAY PERIODS
LOAN TERM IN DAYS1 AMOUNT OF LOAN TYPICAL PAYMENT NUMBER OF PAYMENTS2 CSO FEE* LENDER INTEREST APR
168 $100.00 $22.44 11 $130.00 $14.61 454.5273%
168 $300.00 $66.71 11 $390.00 $43.85 454.4713%
171 $500.00 $111.41 11 $650.00 $75.53 436.0364%
171 $1,000.00 $222.83 11 $1,300.00 $151.08 436.0554%

(1) Sample loan term assumes a 168-day or 171-day loan term funding on July 23, 2018 with semi-monthly payments commencing on August 7, 2018. Depending on your pay periods, the lender will lend up to a maximum of 180 days.

(2) Sample loan repayment schedule includes 11 installments. Payment dates may be adjusted for borrower's convenience. Please note the final installment may be slightly higher or lower.


BORROWERS WITH MONTHLY PAY PERIODS
LOAN TERM IN DAYS1 AMOUNT OF LOAN TYPICAL PAYMENT NUMBER OF PAYMENTS2 CSO FEE* LENDER INTEREST APR
159 $100.00 $49.12 5 $130.00 $15.62 431.5549%
159 $300.00 $147.37 5 $390.00 $46.85 431.5719%
159 $500.00 $245.62 5 $650.00 $78.08 431.5753%
159 $1,000.00 $491.23 5 $1,300.00 $156.15 431.5678%

(1) Sample loan term assumes a 159-day loan term funding on July 23, 2018 with monthly payments commencing on September 1, 2018. Depending on your pay periods, the lender will lend up to a maximum of 180 days.

(2) Sample loan repayment schedule includes 5 installments. Payment dates may be adjusted for borrower's convenience. Please note the final installment may be slightly higher or lower.


* CSO Fee - The Credit Service Fee is the fee which Cash Factory USA charges in order to: arrange the loan between you and a third-party lender, assist you in completing the information and documents required by the third-party lender, and guarantee your payment obligations to the third-party lender.