The minimum payment term and maximum payment term are 6 months and 60 months respectively. You can choose a term that fits your need and have your loan amortized over your chosen term. Maximum Annual Percentage Rate (APR) against any loan is 49.96%. For every $1,000 borrowed for a 6-month loan at 11.95% APR, the total cost of borrowing is $35.14 and $0 in fees. This equals to interest payment of $5.86 / month.'