Why Choose Personal Loan at Money Plucker?
Due to its flexibility than any other type of loan and trusted firm Money Plucker, convince you to choose personal
loans. A personal loan can be useful for a variety of tasks. To repay a personal loan amount, time and even interest
rate are fixed. As soon as you get approval for a personal loan, you get your money and required to repay the
amount monthly with a fixed interest rate to the lender.
What is “Annual Percentage Rate” – APR?
The Annual Percentage Rate (APR) is the annual rate charged for borrowing a loan. As loans can vary in terms of
interest-rate structure, transaction fees, late penalties, and other factors, a standardized computation such as the
APR provides borrowers with a bottom-line number they can quickly compare to rates charged by other lenders.
Because Money Plucker is not a lender itself, it is essential to contact the lender you are getting a loan and
connected with directly to obtain the details of your loan agreement.
Representative Examples of APR, Total Loan Costs & Fee
Example: If you have borrowed $5000 with $18.23% APR for 48 months then your monthly repayments would be $131.67. Your
total payment will be $6320.12. It is just an example based on good credit customers
How to repay the loan amount?
The lenders in our network offer a personal loan have a 61day minimum for repayment and a 72 month maximum
for repayment term. Each lender has to describe the loan repayment process on the loan agreement clearly,
therefore we advise that before accepting any loan, you must read the loan agreement, especially the APR part and
What if I am late on payments?
If you cannot repay the amounts on time, a lender may charge you with a late penalty. It is vital to set a reminder for
the payment day to not to be delayed or skip the payment. Every lender’s payment policies are different. You can
contact the lender directly if you have any issue in repaying the loan amount.