What is an installment loan, and how is it structured?
An installment loan is a fixed sum borrowed and repaid over time in scheduled payments. Each payment generally includes principal and interest. The lender’s agreement explains the payment amount, fees and repayment schedule.
Will checking my options affect my credit score?
Credit-check practices vary by lender and stage of the request. A lending partner may perform a credit inquiry that affects your score. Review the lender’s disclosures before proceeding.
What are the minimum and maximum APRs?
Level Lending does not set rates or promise an APR range. Actual APRs, fees and terms vary by lender, state and applicant. The examples above are hypothetical calculations, not available offers.
How fast can I receive funding if approved?
Timing depends on the lender’s review, any required verification and bank processing. A request or a match does not ensure approval or funding by a particular time.
Can I repay early?
Early repayment terms and any related fees depend on the lender. Check the agreement for prepayment provisions before accepting an offer.
What fees should I look for?
Review the lender’s disclosures for origination fees, late fees, other charges and total repayment cost. Level Lending does not determine a lender’s fees.
Which states are eligible?
Availability varies by state and lender, and this service is not available in all states. Enter your ZIP code to begin a request; doing so does not establish eligibility.