Rates & Fees Disclosure

Effective Date: June 2, 2025

This page outlines typical rates, fees, repayment options, and financial examples related to loan offers from third-party lenders accessible through the Payday Bridge mobile application, operated by Payday Bridge Loan Services LLC (“Payday Bridge,” “we,” “our,” or “us”). Our goal is to help users understand potential loan costs before making financial commitments.

Note: Payday Bridge does not lend directly. All offers are provided by independently licensed lenders who determine terms based on their own evaluation criteria. The details below are illustrative and for general guidance only.

1. What Is APR?

The Annual Percentage Rate (APR) reflects the full yearly cost of borrowing, including interest and certain fees. APR is a standardized way to compare loan options with different terms or payment schedules.

Typical APR Range

Loans offered through our partners typically range from 4.99% to 35% APR. Your exact rate will depend on several personal and financial factors such as:

• Credit profile and payment history
• Income level and job status
• Debt obligations
• Loan amount and desired term
• Your state of residence
• Specific lender criteria

2. Repayment Terms and Flexibility

Lenders usually offer repayment plans from 3 to 24 months. Users may select a schedule that aligns with their monthly budget.

Term Options

– Short-Term (3–6 months): Faster payoff, higher monthly cost
– Mid-Term (6–12 months): Balanced payments and duration
– Extended-Term (12–24 months): Lower monthly cost, higher total interest

3. Example Loan Scenario

4. Possible Fees

Depending on the lender, fees may apply. Typical charges include:

• Origination: 1%–5% of the loan amount
• Late Payment: Flat fee or percentage if payment is missed
• NSF Fee: Applied for failed automatic payments
• Prepayment Penalty: Rare but possible
• Processing Fee: May apply for paper check handling or mailed statements

Lenders are required to clearly disclose all applicable fees before you agree to any offer. Payday Bridge does not charge fees to consumers or collect lender fees.

5. Payday Bridge Is Free to Use

There’s no cost to use the Payday Bridge App. We receive compensation from lenders for referring potential customers, but this does not influence the offers you receive or the APRs applied.

6. Credit Inquiries

Lenders may conduct credit checks during the application process:

• Soft Pull: No credit score impact, used for prequalification
• Hard Pull: May affect credit score slightly and is used when proceeding with a full application

Payday Bridge itself does not perform credit checks or access your credit file.

7. State-Specific Lending Rules

Loan terms, APRs, and fees may differ depending on state law. Some states cap interest rates or restrict certain fees. Not all users will qualify for offers, and offers may not be available in all locations.

8. Responsible Loan Use

Only borrow what you’re confident you can repay. Late payments can result in added fees and impact your credit. Always consider your budget and financial obligations before accepting a loan.

9. Review Before You Sign

Every lender must provide official disclosures and loan terms prior to finalizing an agreement. This includes details such as:

• Principal and interest breakdown
• Repayment calendar
• Applicable fees and penalties
• Borrower rights and cancellation conditions

Please read everything carefully and do not proceed unless you fully understand and agree to the terms.

10. Additional Loan Examples

11. Questions?

If you need assistance or clarification about loan costs, our team is here to help. While we don’t offer financial advice, we can explain how the matching process works and where to find full cost disclosures.

12. Contact Details

Payday Bridge Loan Services LLC
Email: info@paydaybridgeloanservices.pro
Support Hours: Monday – Friday, 9:00 AM – 5:00 PM EST