Rate & Fees

At Easy Track Finance, we believe in transparency and simplicity when it comes to our rates and fees. We want you to fully understand the cost of borrowing before you apply, so there are no surprises later. Our goal is to offer competitive and fair rates that help you get the financial support you need while keeping your repayments manageable.

Loan Interest Rates

The interest rate for your loan will depend on a few factors, such as the loan amount, repayment term, and your financial situation. We offer competitive rates that are designed to be fair and manageable, without hidden costs or confusing terms. Here’s a general outline of what to expect:

• Annual Percentage Rate (APR): Ranges from X% to Y%, depending on your loan details.
• Installment Terms: Flexible repayment terms ranging from 6 to 36 months.
• No Hidden Fees: You will know exactly what you are paying from day one.

Fees

We keep our fees straightforward and easy to understand. Below are the fees associated with our installment loans:

• Origination Fee: A one-time fee ranging from 1% to 5% of the loan amount, depending on the size of your loan.
• Late Payment Fee: If a payment is missed or late, a fee of $XX will be charged. However, we offer grace periods and work with you to avoid this whenever possible.
• Early Repayment: There are no penalties for paying off your loan early. We encourage you to repay your loan as soon as you are able to reduce the total interest paid.

Example Loan Breakdown

For full transparency, here’s an example of what a typical loan might look like:

• Loan Amount: $2,000
• APR: X%
• Term: 12 months
• Monthly Payment: $XX.XX
• Total Repayment Amount: $2,XXX (including interest and any applicable fees)

How Are Rates Determined?

Your loan rates are influenced by a few factors:

1. Loan Amount – The amount you borrow will impact the interest rate and terms.
2. Repayment Term – Longer terms may have higher interest rates, but lower monthly payments.
3. Personal Financial Situation – Though we don’t perform traditional credit checks, we may still assess certain factors like income and ability to repay to determine your rate.

Contact Us for More Information

If you have any questions about our rates, fees, or how your loan will be structured, feel free to reach out to our support team. We’re here to ensure you have all the information you need to make the best financial decision.

At Easy Track Finance, we are committed to clear communication and fair pricing, so you can borrow with confidence.