Rates & Fee Schedule
Note: The rates below are representative examples. Your actual rate will be determined based on your cash flow analysis and state of residence.
Interest Rates (APR)
CredMe offers revolving lines of credit. Interest is calculated daily on the outstanding principal balance.
| Annual Percentage Rate (APR) | 24.00% – 36.00% |
| Calculation Method | Daily Simple Interest |
Fee Schedule
| Origination Fee | $0.00 |
| Prepayment Penalty | $0.00 |
| Late Payment Fee | Up to $25.00 (Subject to State Law) |
State-Specific Disclosures
Illinois Residents:
CredMe is currently pending licensure under the Illinois Consumer Installment Loan Act (CILA). No loans are currently offered, originated, or funded to residents of Illinois. The maximum APR for Illinois loans will not exceed 36% MAPR as defined by the Predatory Loan Prevention Act.