Disclaimer

*Disclaimer

₁ Same day funding available for applications approved and signed before 12:00 p.m. ET Monday – Friday.Funds are generally deposited via ACH for delivery next business day if approved by 4:30 p.m. ET Monday-Friday.

₂ Your FICO Credit Score will not be pulled for the processing of this loan application; however, failure to make payments may affect your FICO credit score.

₃ Subject to BMG Money, Inc. or BMG LoansAtWork, LLC loan program requirements and approval.

₅ Our interest rate match policy applies only to loans made by BMG Money, Inc. or BMG LoansAtWork, LLC, intended to be repaid by payroll allotment, to employees of the U.S. federal government (non-Department of Defense) residing in Alabama, Arizona, California, Colorado, Delaware, Florida, Georgia, Idaho, Illinois, Iowa, Kansas, Kentucky, Louisiana, Maryland, Michigan, Minnesota, Missouri, Montana, New Hampshire, New Mexico, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Washington, Washington DC, Wyoming.

* TO REPORT A PROBLEM OR COMPLAINT WITH THIS LENDER YOU MAY WRITE OR CALL Customer Service Manager at 444 Brickell Avenue Suite 250 Miami, FL 33131; (800) 316-8507; or at customer.service@bmgmoney.com. TO RESIDENTS OF NEW MEXICO: This lender is licensed and regulated, when making loans of $5,000 or less, by the New Mexico Regulation and Licensing Department, Financial Institutions Division, P.O. Box 25101, 2550 Cerrillos Road, Santa Fe, New Mexico 87504. To report any unresolved problems or complaints, contact the division by telephone at (505) 476-4885 or visit the website “New Mexico Regulation & Licensing Department”. All loans are made by BMG Money affiliate BMG Money LoansAtWork, NMLS #1649032.

LoansAtWork

*Disclaimer
* Fixed simple interest rate based upon employer and loan amount: 23.75% to 29.75% per year; one-time fee ranging from $0-$50 added to loan; and loan amounts ranging from $500-$10,000 (depending on applicant’s employer and state of residence). Applicants must: 1) reside in Alabama, Arizona, California, Colorado, Delaware, Florida, Georgia, Idaho, Illinois, Iowa, Kansas, Kentucky, Louisiana, Maryland, Michigan, Minnesota, Missouri, Montana, New Hampshire, New Mexico, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Washington, Washington DC or Wyoming. 2) currently be employed by one of our employer clients; and 3) have a minimum of one full year of employment with their current employer.

For example, a $3,000 loan with a 23.99% fixed annual interest rate and a $25 origination fee will be repaid through 52 bi-weekly payroll deduction installment payments over two years, will have an APR of 24.78% and a bi-weekly payroll deduction installment payment of approximately $74 (assumes a 08/10/2018 loan execution date). Other terms and conditions may apply, and your loan may vary depending upon loan execution date, actual payroll deduction schedule, state of residence, employer, etc. Not all applicants will qualify for a loan. Approval time may vary depending upon any additional required documents. Customer testimonials and reviews reflect individuals’ opinions and may not be illustrative of all individual experiences.

LoansForFeds

* Fixed simple interest rate ranging from 24.00% – 32.00% per year and a one-time fee ranging from $0-$59 may be added to the loan (interest rate and fee are dependent on applicant’s state of residence). Pre-qualification conditions: 1) Applicants must reside in one of the following states Alabama, Arizona, California, Colorado, Delaware, Florida, Georgia, Idaho, Illinois, Iowa, Kansas, Kentucky, Louisiana, Maryland, Michigan, Minnesota, Missouri, Montana, New Hampshire, New Mexico, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Washington, Washington DC or Wyoming. 2) currently employed by the federal government, 3) and a minimum of one full year of employment. Repayment will be made through allotment installment payments. For example, in Florida a $2,000 loan with a one-time fee of $25 will be repaid through 25 bi-weekly allotment installment payments in one year, will have an APR of 32.29% and a bi-weekly allotment installment payment of approximately $95 with a total payback amount of approximately $2,375 (assumes a 03/05/2018 loan execution date). Other terms and conditions may apply including, but not limited to loan execution date, allotment schedule, income, state of residence, etc. Not all applicants will qualify for a loan. Approval time may vary depending upon any additional requested documents. Customer testimonials and reviews reflect individual’s opinion and may not be illustrative of all individual experiences with BMG Money.

LoansForAll

* Fixed simple interest rate ranging from 24.00% – 32.00% per year and a one-time fee ranging from $0-$59 may be added to the loan (interest rate and fee are dependent on applicant’s state of residence). Pre-qualification conditions: 1) Applicants must reside in one of the following states Alabama, Arizona, California, Colorado, Delaware, Florida, Georgia, Idaho, Illinois, Iowa, Kansas, Kentucky, Louisiana, Maryland, Michigan, Minnesota, Missouri, Montana, New Hampshire, New Mexico, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Washington, Washington DC or Wyoming. 2) currently employed by one of our selected employers, 3) and a minimum of one full year of employment. Repayment will be made through split direct deposit or ACH installment payments. For example, in Florida a $2,000 loan with a one-time fee of $25 will be repaid through 25 bi-weekly split direct deposit or ACH installment payments in one year, will have an APR of 32.29% and a bi-weekly split direct deposit or ACH installment payment of approximately $95 with a total payback amount of approximately $2,375 (assumes a 03/05/2018 loan execution date). Other terms and conditions may apply including, but not limited to loan execution date, pay schedule, income, state of residence, etc. Not all applicants will qualify for a loan. Approval time may vary depending upon any additional requested documents. Customer testimonials and reviews reflect individual’s opinion and may not be illustrative of all individual experiences with BMG Money.

Interest Rate Match Policy

* Our interest rate match policy applies only to loans made by BMG Money, Inc. or BMG LoansAtWork, LLC, intended to be repaid by payroll allotment, to employees of the U.S. federal government (non-Department of Defense) residing in Alabama, Arizona, California, Colorado, Delaware, Florida, Georgia, Idaho, Illinois, Iowa, Kansas, Kentucky, Louisiana, Maryland, Michigan, Minnesota, Missouri, Montana, New Hampshire, New Mexico, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Washington, Washington DC or Wyoming.

We are so confident in the competitiveness of our interest rates that we will beat an annual interest rate presented by certain other lenders by 0.10 percentage points (0.10%), if the other lender and its loan and interest rate meet the terms and conditions described below:

Terms & Conditions:

  • The lender’s interest rate offer must be generally available to all of its customers without regard to their credit risk profile (so that pre-screened offers of credit, risk-based priced loans, loans which require a credit check or minimum credit score, or other special, limited lending programs do not qualify).
  • BMG Money, Inc. or BMG LoansAtWork, LLC, as applicable, will offer an annual interest rate that is 0.10 percentage points (0.10%) below the specific rate offered by such competing lender.
  • The other lender must be a licensed finance company, finance lender or other non-bank lender. The other lender may not be a bank, credit union or other depository institution.
  • The interest rate offered by the other lender must be for a closed-end, installment loan in an amount of $500 to $3,000, with a loan term from 6 to 24 months.
  • The loan offered by the other lender must be intended for personal, family or household purposes.
  • The other lender’s loan payment method must be via payroll allotment.
  • The loan offered by the other lender must be an unsecured loan – it cannot be secured by a deposit, cash, a vehicle, a home, or any other real or personal property.
  • This offer applies to fixed-rate loans only. Variable-rate loans do not qualify.
  • You need to be approved for the other lender’s interest rate.
  • The lender’s interest rate must not be supported by any third-party arrangements such as subsidized rate offerings.
  • You need to supply us with evidence, to our satisfaction, that the other lender’s interest rate meets the terms and conditions described here. This could include an approval letter, loan document containing the interest rate, or other documentation we find sufficient. Such evidence must be provided prior to applying for a loan from BMG Money, Inc. or BMG LoansAtWork, LLC, and must be sent to interestrate@bmgmoney.com.
  • This Interest Rate Match Policy applies only to first-time loans from BMG Money, Inc. or BMG LoansAtWork, LLC. It does not apply to subsequent loans or re-finances. Limited to one funded loan per person.

This offer expires at 5:00 p.m. Eastern, Sunday, December 31, 2023. These terms and conditions are subject to change at any time. We reserve the right to change or discontinue our Interest Rate Match Policy at any time.

1 Instant Funding available within minutes of approval if you provide a valid debit card where your primary income is generally deposited in the bank account linked to this debit card. Same day ACH funding is available for applications approved and signed before 12:00 p.m. ET Monday - Saturday (not including federal holidays) for applications approved and signed by 4:30 p.m., funds are generally deposited the next business day Monday - Saturday (not including federal holidays, in which case funding will occur on the following business day).

2 Your FICO Credit Score will not be pulled for the processing of this loan application; however, alternative credit scores are pulled and used in determining creditworthiness. LoansAtWork does not require any sort of credit score. Payment history is reported to all three major credit reporting agencies and failure to make payments may affect your credit scores.

3 All loans marketed by BMG Money are made by WebBank, except the loans made to residents of Arizona, Georgia, Illinois, Iowa, Maryland, Nebraska, New Jersey, New York, North Dakota, Ohio, Oregon, Rhode Island are made by BMG LoansAtWork, LLC.

4 Loans through BMG Money are provided at a significantly lower cost than most payday loans. For example, a $2,000 loan with a one-time fee of $25 will be repaid through 25 bi-weekly installment payments in one year, will have an APR of 32.25% and a bi-weekly allotment installment payment of approximately $95 with a total payback amount of approximately $2,358.82 (assumes a 06/14/2021 loan execution date). In contrast, according to the Federal Reserve Bank of St. Louis, “The average interest rate on the average payday loan is a sky-high 391%.” Source: https://www.stlouisfed.org/en/open-vault/2019/july/how-payday-loans-work

5 The interest rate match policy applies only to loans intended to be repaid by payroll allotment, to employees of the U.S. federal government (excluding military service members).

6 Military Lending Act Disclosure: Due to rules and restrictions within the Military Lending Act, this program is not available to active-duty service members or their spouses.

7 California Residents: California Privacy Rights: Our CCPA Notice can be found here: www.bmgmoney.com/california-consumer-privacy-notice

8 Residents of Washington: BMG LoansAtWork, LLC holds Consumer Loan Company License # CL1649032; NMLS Consumer Access webpage: www.nmlsconsumeraccess.org

9 From 01/01/2022 – 12/31/2022, 69% of all loan applications were approved (only 31% of applications were declined). According to Market Watch, the Federal reserve released figures in July, 2023 showing loan application rejection rates among lenders averaged 56% among borrowers with credit scores of 680 or below. Source: https://www.marketwatch.com/story/loan-rejection-rates-are-climbing-especially-for-people-under-a-680-credit-score-565cc468

Payment terms from 6 to 48 months
Annual Percentage Rate (APR) ranging from 19.99%-35.99%
Loans do not require repayment in full in 60 days or less from the loan issue date
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