MyLoanAlly.com is a for-profit advertising company and provides marketing services for various companies, including lenders and/or lending partners, who we promote and generate leads for. We receive compensation, in the form of referral fees, from the lenders and/or lending partners, or other offers that we direct you to, when a user completes an action using our links or for forwarding your information to these companies. The information you provide to us is provided to these companies in real time. This compensation may impact which lender and/or lending partners you are matched to.
The information contained in MyLoanAlly.com should not be conceived as legal, financial or investment advice nor as an endorsement of any of the products or services referenced in MyLoanAlly.com. As disclosed in the Terms and Conditions all information on MyLoanAlly.com is subject to change. MyLoanAlly.com does not contain an exhaustive list of all lending or insurance partners in each category.
Additionally, the operator of this site is not a lender, does not broker loans to lenders and/or lending partners and does not make cash advances or credit decisions. This Website does not constitute an offer or solicitation to lend. The operator of this Website is not an agent, representative or broker of any lender and/or lending partner and does not endorse or charge you for any service or product. Again, we may receive compensation from the lender and/or lending partner for forwarding your information to them. This Site does not guarantee that a provider will accept your request or that their products or services will meet your needs. Their services and products may or may not be the best product or service available on the market.
As of 01/11/2024, visitors to MyLoanAlly.com could see loan rates as low as 6.40% APR on a $50,000 loan amount for a term of three (3) years. Rates and APRs offered may vary.
KEY DISCLOSURES REGARDING YOUR POSSIBLE LOAN OPTIONS
• The lender options presented range from a minimum repayment term of 12 months and a maximum repayment term of 84 months.
• The lender options presented range from a minimum annual percentage rate (APR) of 6.40% and a maximum of 35.99%.
A representative example of the total cost of a loan for an excellent credit borrower with one of our lender options is seen below:
$20,000 loan for a 5 year term at 6.40% interest rate with a 3% origination fee. You would receive $19,400 ($20,000 less the $600 origination fee) and would make 60 monthly payments of approximately $390.39 which equates to an APR of 6.40%. The total cost of the loan would be $27,273.33.
Lenders generally have a range of available APRs and only borrowers with excellent credit will qualify for the lower rates. There is a possibility you may not be matched with any lenders. Loans are not available in all states at all requested amounts. MyLoanAlly.com only matches you with potential lenders and your inquiry on this website does not constitute a loan application.
