Rates and Fees

First-federal.com doesn’t belong to a lender or a loan broker. Our referral service does not approve or disapprove loans. We belong to a system that unites lenders in one network. We help clients who need to take out payday loans or small installment loans. They are in search for reasonable terms and rates. If after registering on the website, you get a direct connection with a lender, the lender will build you an offer which will contain the payday loan amount, the fees and APR, as well as the repayment terms.

Get acquainted with loan terms, including the consequences if you do not pay for your obligations timely. You are not obliged to accept the loan terms if they do not suit you. Once you accepted the terms, you have to cover your obligations. You have to pay a loan back on the schedule. If you do not repay the loan in full, including all fees and interest charges. There are some obligations to be aware before agreeing to issue the payday loan. If repayment will become problematic, do not take out the loan. If you have any questions, you are welcome to ask your lender directly.

We cooperate with numerous lenders that each obtain their own qualification requirements for their loans. If you do not pay the loan off, inclusively of fees, on time, typical actions taken by lenders include turning your account over to a collection agency, reporting to a credit score agency, an offer to renew, which will accur extra fees and charges to your account balance, and/or legal action.

Delayed payments may result in additional fees or/and collection. Each lending service has their own terms. You have to grapple with their policies in detail. Collection activities can become a result of nonpayment of a loan. Every lender has its own renewal policy, which may be different from one company to another. Contact your lender if you have any questions or issues with your obligations.