Rates and Terms
Bison Cash offers installment loans with competitive rates and flexible terms tailored to meet your financial needs. With Bison Cash, you can confidently manage your finances with a loan plan that suits your budget.
Loan Amounts
The minimum initial loan amount is $100.00. The maximum loan amount is $1,500.00.
- Please Note: First time borrowers may qualify for up to $1,400.00.
Loan Terms
Your first loan payment will most likely be due on your next pay date that falls at least five (5) days away. If your next pay date is less than five (5) days away, your due date will be on the following pay date.
The Cost of Your Loan
Interest rate is the percentage of the principal of a loan a lender charges a borrower to make the loan. Finance charges are a broader measure of the cost of borrowing that include both interest and applicable fees. Annual percentage rate, or APR, expresses the finance charges on a loan as a yearly rate.
Finance charges are based on a customer’s creditworthiness. A customer’s creditworthiness is determined by several factors, including:
- Credit and Payment History
- Income
- Employment
- Existing Debt
- Types of Debt
The APR for your loan will be determined by the amount you choose to borrow and the length of time you choose to keep your loan outstanding. You can reduce the total cost of your loan by paying off your loan prior to your last due date on your payment schedule or by making additional payments on or before your payment due dates.
The copy of your loan details, finance charges and APR will be fully disclosed to you in your loan agreement upon approval of your loan. All loans are subject to credit approval.
Your Loan Due Date
Your loan payments are due on your following pay dates, unless your pay date happens to fall on a weekend or holiday. In such cases, your actual due date will be on the business day either before or after as you specified on your loan application.
- Please Note: We request you notify us at least 2 business days prior to your due date if you choose to change your payment amount. The installment payment per your schedule will be paid on the scheduled pay dates.
After the schedule has been completed on time then your loan would be paid in full. You may be sent reminders via email outlining your due date options prior to your due date.
- We strongly encourage principal reduction and early payment to reduce your finance charges.
Funding Timeframes
Applications processed and approved before 4:00 p.m. PST Monday-Friday are typically funded on the next business day.
- Please Note: We encourage you to verify with your bank as additional fees may be assessed.
Late / NSF Fees
If a payment is not made by your due date, you will be subject to additional fees. If a payment is returned because there are insufficient funds, or your payment is dishonored by your financial institution for any reason, then you will be assessed an NSF fee of $30.00. If any payment is late by more than 10 days after the due date, then you will be responsible for an additional $20.00 late fee.
