|MAXIMUM AMOUNT||MAXIMUM TERM||ANNUAL PERCENTAGE RATE|
|$25,000||60 months||9.24% to 17.99%|
Loan Payment Example:
Signature: $21.24 per month per $1,000 borrowed at 9.99% APR for 60 months
*Information accurate as of January 5, 2021.
Estimating your loan payment before buying can boost your negotiating power and help you choose the best loan term and down payment for your budget.
Frequently Asked Questions
What is a fixed rate?
A fixed rate is an interest rate that stays the same for the life of a loan.
What is the rate for a Signature Loan?
Rates can vary based on amount borrowed and credit score.
What is the maximum term for a Signature Loan?
The maximum term for a Signature Loan is 60 months.
What is the minimum term for a Signature Loan?
The minimum term for a Signature Loan is 12 months; however, you can pay it off as early as you want.
Can I pay my loan off early?
Yes, you can pay your loan off at your own pace as long as you make at least your minimum payment each month.
Is there a fee for paying off my loan early?
No, there are no fees for early payoff.
How soon can I get my money?
In some case if you have a checking and/or savings account you can obtain the funds the same day after signing.
What is collateral?
Collateral refers to an asset that a lender (OE Federal) accepts as security for a loan. This collateral acts as a form of protection for the OE Federal.
Is collateral needed for a Signature Loan?
No collateral is needed for a Signature Loan.