Rates & Fees
Our Service is Free
QuickLoanScout.com is a completely free service for consumers. We do not charge any fees to submit a loan request or to be matched with lenders. We are not a lender and do not make credit decisions.
This website receives compensation from the lenders and financial service providers in its network in the form of a referral payment for each consumer request we pass to them. This compensation does not affect the terms you may be offered by any lender.
Loan Parameters
The lenders in our network typically offer personal loans within the following general ranges. Individual offers will vary based on your creditworthiness, state of residence, and each lender's specific criteria.
| Parameter | Typical Range |
|---|---|
| Loan Amounts | $500 – $35,000 |
| Repayment Terms | 61 days – 72 months |
| APR Range | 5.99% – 35.99% or higher |
| Origination Fees | Varies by lender (0% – 8%) |
| Prepayment Penalty | None (across all network lenders) |
Annual Percentage Rates (APRs) depend on the lender, your credit profile, loan amount, and repayment term. Rates may be higher than average for borrowers with lower credit scores.
Repayment Structure
Loans are typically repaid through monthly or biweekly installments calculated using simple interest. All terms, rates, and fees will be clearly disclosed by the lender before you are required to accept any loan offer. You are under no obligation to accept any offer presented to you.
Example: A $1,000 loan over 12 months at 29.99% APR would result in monthly payments of approximately $97.18, for a total repayment of $1,166.16. This is an illustration only — your actual terms will be provided by your lender.
Important Disclosures
Non-Payment: Failure to repay a loan on time may result in additional fees, collection activities, and negative reporting to credit bureaus, which could adversely affect your credit score.
State Availability: Not all lenders operate in all states. Residents of certain states may not be eligible for some or all loan products offered through this website.
No Guarantee: Submitting a request does not guarantee approval or connection with a lender. All lending decisions are made solely by the lender.