What do I need to qualify?

What is an installment loan?

An installment loan is one that is designed to be paid off over a set period of time. The payments are equal, so you know how much you'll have to budget in order to pay it off.

How much will the loan cost?

The total cost of your loan will depend on the amount and the length of your loan. Returning customers may be eligible for discounts. Please visit our Rates & Terms page for details.

What if I have bad credit or no credit?

You may be able to qualify for a loan with bad credit, or even no credit at all. If you have a few negative entries on your credit report, don't worry- many people have things like late payments, missed payments, or even bankruptcy on their credit reports.

Once your personal information is verified, you may be approved for a cash advance in a matter of minutes!

What happens when I fill out the application?

Your application process is fast, secure and available online! You will be contacted by the lender to verify your current income and to verify the information on your application, along with a review of the terms of your loan. Upon approval of your loan, a copy of your signed loan agreement will be sent to you.

It may require another business day to deposit the funds into your account. Deposits can't be made on holidays or weekends, but your lender will make sure your money gets to you as soon as possible.

What if I want to pay early?

Great! Call your lender. You may be entitled to a prorated or reduced fee with your early pay off!

How long does it take to receive my cash deposit?

As soon as the application form is completed, TheNorthTrust.com will match the borrower's requirement against a nationwide network of lenders. Typically a match is found within a few minutes of submitting the application form. After the lender agrees to provide loan to the borrower, the loan amount and terms of the loan are presented. The borrower then needs to review and accept those terms and conditions. Acceptance of the loan offer means the money will be electronically transferred to your savings or checking account as early as the next banking day.

What is APR?

Annual percentage rate (APR) is defined as the interest rate for a whole year (annualized), or interest rate annually, rather than just monthly. It is a finance charge expressed as an annual rate.

An APR can be calculated in a variety of ways including adding in fees and charges, or leaving them out, depending on the company. As a result, the APR is not a very effective way to compare loans.

We calculate APR to include everything, so you know the total cost of your loan.

What happens if I am late with a payment?

TheNorthTrust.com is not a direct lender. Different lenders we work with have their own policies regarding late payments. You can review these policies within your lender's terms and conditions before accepting a loan. If, for some reason, you are unable to make a payment on time, please contact your lender immediately to discuss alternative payment schedule.

What happens if I can't repay my loan?

TheNorthTrust.com is not a direct lender. Different lenders we work with have their own policies regarding non-payment of loan. You can review these policies within your lender's terms and conditions before accepting a loan. To help you avoid default or late payments, your lender may agree to restructure your loan. If, for some reason, you are unable to repay your loan, please contact the lender immediately to discuss to discuss your options.