Origination Fee: When you obtain a new TopUp™ loan, there is a 5–8% origination fee based only on the additional cash amount. Your origination fee will be provided to you on the offer page and also on your Truth in Lending Disclosure before you accept your loan terms. You will be able to review the origination fee on both your offer page and the Truth in Lending Disclosure before you accept. You can also visit our page on How Rates & Fees Work.
Prepayment policy: If you pay off your loan early, you will not be charged a penalty. In the event of a full pre-payment, you may be entitled to a refund of part of the pre-paid finance charge.
Late charges: If your payment arrives after your 15-day grace period, you may be charged a late fee equal to the greater of 5.00% of the late payment or $15. This fee is charged only once per late payment. Our members receive a 15-day grace period to make payments with no penalty. If your monthly loan payment is not paid within the 15-day grace period, a late fee or other penalty may apply.
Please see your TopUp Borrower Agreement for any additional information about nonpayment, default, or other matters related to your loan.
Are there any fees?
Additional Before You Apply FAQ
- Am I required to take out extra cash?
- What is a TopUp loan?
- What happens after I check my rate?
- What products are similar to TopUp?
- How can I use the cash portion of my TopUp loan?
- What could affect the final amount of cash funds I receive?
- Will checking my rate affect my credit score?
- How much can I borrow?
- How quickly can I get my TopUp loan?
Keep more of what you earn and earn more on what you save.
Check your rate. It won’t impact your credit score.2
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Related FAQ's
Related Glossary
{noun} A type of credit that allows the borrower to make charges and payments against a set borrowing limit, paying interest only on outstanding balances.
{noun} The total annual cost to borrow money, including fees, expressed as a percentage.
{noun} The amount of unpaid interest that has accumulated as of a specific date, either on a loan or an interest-bearing account or investment.
A debt that is written off as a loss because the financial institution or creditor believes it is no longer collectible due to a substantial period of nonpayment.
{noun} An interest rate that remains the same for a set time, usually for the life of the loan.
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