Installment Loan Rates

• How much can I borrow and how do I qualify?

• What does it cost?

• When do I get my money?

• When do I repay?

• What if I can't pay?

How much can I borrow and how do I qualify?

The minimum initial loan amount is $200.00.
The maximum loan amount is $750.00 subject to approval.
Qualifying depends on factors such as your income and length of employment. Some minimal requirements to qualify for an installment loan are:

• You are 18 years of age or older and a citizen of the U.S.,
• You are not in the military,
• You are currently employed or are receiving steady income from benefits,
• You make at least $1,500 in income monthly
• You have a valid bank account that has been open for 6 months and receives direct deposits (direct deposits are required to confirm income).
• You have two valid contact numbers.

What does it cost?

We charge the same overall interest rate for each type of installment loan schedule. For weekly scheduled installments, the finance charge is about 15.38%. For bi-weekly scheduled installments, because of the longer time between installments, the finance charge is about 30.77%, and likewise for bi-monthly scheduled installments the finance charge is about 33.33% and about 66.67% for monthly scheduled installments. The annual interest rate on any loan with Bison Green is about 795% or less. Depending on when your installment dates fall, the annual percentage rate may fluctuate, though, because it is calculated based on when you pay back your loan. See our chart below for more specific rates and examples.

The finance fees charged for your loan will be clearly disclosed to you in terms of the dollar amount of interest and the APR according to the principles of federal truth in lending law and regulations. For details on the specific rates/fees of your loan, please see your loan agreement. Late fees and non-sufficient funds/returned item fees may apply as described in your loan agreement. Examples of the total payments charged (finance fees) of your loan are provided in the table below. The table below represents the total number of payments (finance fees) you will have incurred under the scenarios presented. It is important to note the difference between the options and how the total payments increase with each installment period. To minimize the total cost of your loan, we strongly recommend that you either pay your loan in full early, or pay as much as you can in addition to your regular installments to reduce the principal balance.

click here to show the rate table anyway.

	Rate Table	Rate Table
	The interest rate is about 30.77% for each of 30 installments for a Bi-Weekly customer, about 33.33% for Semi-Monthly customers, about 15.38% for each of 60 installments for a Weekly customer, and about 66.67% for each of 15 installments for Monthly, every type of loan having an overall amount of about 800% interest charged. This differs from the APR, or annual interest rate calculated for the cost of your loan at a yearly rate.	The interest rate is about 30.77% for each of 30 installments for a Bi-Weekly customer, about 33.33% for Semi-Monthly customers, about 15.38% for each of 60 installments for a Weekly customer, and about 66.67% for each of 15 installments for Monthly, every type of loan having an overall amount of about 800% interest charged. This differs from the APR, or annual interest rate calculated for the cost of your loan at a yearly rate.
	An example of our loan charges is a $200 loan with installments of $66.06 about every 14 days (bi-weekly), 148 days overall for a total of 10 installments and an overall finance charge of $460.41 equalling an APR of 673.23%. This underscores the importance of paying off your installment loan balance as soon as you are back on your feet, and we are happy to settle your account sooner than the minimum payment schedules reflected here. Note that your payment schedule may be different based on your loan amount, finance fee and payment pattern. Change the options below to see different installment loan schedule example minimums.	An example of our loan charges is a $200 loan with installments of $66.06 about every 14 days (bi-weekly), 148 days overall for a total of 10 installments and an overall finance charge of $460.41 equalling an APR of 673.23%. This underscores the importance of paying off your installment loan balance as soon as you are back on your feet, and we are happy to settle your account sooner than the minimum payment schedules reflected here. Note that your payment schedule may be different based on your loan amount, finance fee and payment pattern. Change the options below to see different installment loan schedule example minimums.
	***Loan Amount:  $200 $250 $300 $350 $400 $450 $500 $550 $600 $650 $700 $750    Installment Cycle:  Weekly Bi-Weekly Semi-Monthly Monthly    # of Installments:  2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
	Installment Number Payment towards Principal Finance Charge Total Payment Principal Balance Remaining Total Payment to Date Days Since Previous Installment Periodic Rate from overall
	You can always arrange to pay additional amounts toward the loan principal or pay in full at any time. WLCC Lending BGL D/B/A Bison Green Lending encourages repayment as quickly as possible to avoid finance fees. Just talk to one of our customer service representatives to make a payment at any time or contact us at least two business days before the due date of the payment you wish to adjust.	You can always arrange to pay additional amounts toward the loan principal or pay in full at any time. WLCC Lending BGL D/B/A Bison Green Lending encourages repayment as quickly as possible to avoid finance fees. Just talk to one of our customer service representatives to make a payment at any time or contact us at least two business days before the due date of the payment you wish to adjust.

We strongly encourage principal reduction and early payment to reduce your finance charges.

When do I get my money?

In order to complete your loan and get your cash into your bank account, you MUST confirm your loan details with us after submitting the form and getting an approval.

After approval, we can transfer your installment loan directly to your bank account. Applications processed and approved
before 12 pm MT Monday – Friday are typically funded on the next business day.

When do I Repay?

You won't have to pay anything until your first installment date. Your first installment will be due on your next pay date that falls at least 5 days away. If your next pay date is less than 5 days away, your due date will be the following pay date. Sample installment cycles are available in the above table and your full repayment schedule for your installment loan will be disclosed in your loan agreement.

If the due date of a specific payment in your installment loan cycle falls on a weekend or holiday, your due date will automatically be adjusted to either the business day before or after the conflicting date, according to the terms of your loan agreement.

At any time you may call or email to...

• pay your loan in full early by paying the principal loan amount plus the finance fee due,
• or continue to pay multiple payments on your loan by paying the finance fee plus make an additional payment towards the principal which will reduce your installment term accordingly.
• You may make any scheduled payment on or before the due dates of those payments by ACH direct debit, debit card or by cashiers check or money order directed to us at: Bison Green, P.O. Box 528, Hays, MT 59527, or other forms of payment acceptable to us.

Our fee is consistently less than overdraft fees at banks, bounced check charges, taxes, and credit limit fees. Installment loans remain a smart alternative to these higher rate set-backs. Take control of your temporary circumstances and don't be overcharged with penalties! (Installment loans are designed for emergency cash needs and should not be considered a long term solution for financial stability.)

What if I can't pay?

If you encounter difficulties in repaying your loan on the scheduled installment date(s), you can contact us to arrange a payment plan that meets your needs. Calling us as soon as you become aware of extenuating circumstances will help us rearrange your payment terms as efficiently as possible and help you avoid any late fees or insufficient funds fees (see next paragraph).

Late / NSF Fees

If a payment is not made by your installment date, you will be subject to additional fees. If a payment is returned because there are insufficient funds on deposit, or your payment is dishonored by your financial institution for any reason, then you will be assessed an NSF fee of $30. If any payment is late by five days or more after the due date, then you will be responsible for an additional $30 late fee for each late payment. This is why it's important to contact us if you anticipate any problems with your payment, and we will be happy to discuss alternative payment plan options.

You can always revoke ACH authorization and make a payment by cashier's check or money order. Please call ahead at least 2 business days before your payment date to arrange an alternate form of payment to avoid any NSF fees and/or late fees.