Borrowers are allowed to have a minimum loan amount of 500. However, there is no maximum amount a borrower may take. The APR is restricted to 520 and not more than that. Your Obligations As a Borrower In North Dakota. Get a written agreement containing customers name, rates charged, the loan sum, the date and the APR; You should be given the document showing all the charges and fees; There is a maximum of 20 on collection fees; You have a right to pay back the loan by 5 p.

of the same day after applying.

How long do personal loan applications take

Late Payments Hurt Your Credit Score. Please be aware that missing a payment or making a late payment can negatively impact your credit score. To protect yourself and your credit history, make sure you only accept loan terms that you can afford to repay. If you cannot make a payment on time, you should contact your lender immediately and discuss how to handle late payments.

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How long do personal loan applications take

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How long do personal loan applications take