OTM Loans - Cash Advance 1.1.1

Welcome to the OTM Loans app – your convenient solution for quick cash. Whether you're facing an unexpected expense or a challenging financial situation, payday loans can provide a helpful remedy. Our app simplifies the borrowing process from direct lenders, ensuring speedy application processing and almost instant approval decisions.

Key Loan Details:

• APR rates range from 5.99% to 35.99% (maximum APR for qualified consumers).
• Repayment terms stretch from 3 to 36 months.

To give you a clearer picture, suppose you took out a $5,000 loan over 48 months with an 8% arrangement fee ($400). In this scenario, your monthly repayments would amount to $131.67, resulting in a total payback amount of $6,320.12. Factoring in the 8% fee paid from the loan amount, the total cost would come to $1,720.12. The representative APR is recorded at 18.23%.