Understanding the cost, terms and responsibilities of a loan can help you make a more informed financial decision.
At Breezy Financial, we believe consumers should have clear information about their options before accepting a loan.
GET STARTED ›Before you accept a loan, make sure you understand what you're agreeing to.
The annual percentage rate reflects the cost of credit expressed as an annual rate.
Understand what you'll pay in interest, fees and other charges.
Look at the total amount you are expected to repay — not just the amount you receive.
Know when your payments are due, how many you'll make and how often.
Understand how long you'll be making payments.
Review what can happen if you don't make a payment on time.
Understand whether extending or replacing a loan could increase the total cost.
Can I comfortably repay this loan?
Between the amount you receive and the amount you repay.
Don't judge a loan by the payment alone.
A payment that looks manageable can still result in a significant total cost over the life of the loan. Review the APR, finance charge, payment schedule and total repayment amount before accepting an offer.
Some loans may be expensive forms of credit.
Depending on the loan structure and applicable law, a product may be described or regulated as a payday loan, cash advance, deferred-presentment transaction, installment loan or another form of consumer credit.
If you're considering a short-term loan, make sure you understand:
Short-term loans can be an expensive form of credit and are not intended to be a long-term solution.
A loan isn't always the best option.
Some creditors may offer payment extensions or hardship arrangements.
You may have access to other forms of credit or financial assistance.
Even a small amount set aside for unexpected expenses can reduce the need for borrowing.
A qualified counselor may help you understand your options and develop a plan.
If you decide borrowing is appropriate, compare total cost and terms — not just the advertised payment.
and doesn't do.
You provide information about yourself and the financial product you're looking for.
With lenders, lending partners, aggregators or other financial-service providers.
The lender or lending partner determines whether it can offer you a loan and what terms may apply.
If you receive an offer, carefully review the complete agreement and disclosures.
You are never required to accept an offer simply because you submitted a request.
Before you accept an offer, see if you can confidently check each box:
If you can't confidently check these boxes, take some time before accepting the loan.
Lending rules can vary by location.
Availability and terms can depend on your state, the lender, the loan type and amount, applicable law and lender eligibility requirements. Some products may be unavailable or restricted in certain states.
Some lenders may also be affiliated with federally recognized Native American tribes or tribal entities. The legal treatment of a particular loan can depend on the lender, the product and the applicable jurisdiction.
STATE AVAILABILITY →Responsible lending starts with responsible data practices.
When you submit a request through Breezy, the information you provide may be shared with lenders, lending partners and other financial-service providers. Before submitting your information, you should understand how it may be collected, used and shared.
PRIVACY → PRIVACY POLICY →No. Breezy Financial is a loan-connecting service. We do not make loans or determine loan terms.
No. Submitting a request does not guarantee that you'll receive an offer or be approved for a loan.
No. Rates, APRs, loan amounts, fees and repayment terms are determined by the lender.
Review the complete cost of the loan and consider whether the scheduled payments fit comfortably within your income and existing obligations.
Yes. If you decide borrowing is appropriate, compare APRs, fees, repayment periods and total repayment amounts rather than focusing only on the payment amount.
Some short-term and small-dollar loans can be expensive forms of credit. Costs vary considerably by product, lender and state.
Don't accept an offer until you understand its terms. Contact the lender directly with questions and review the complete loan agreement and disclosures.
That's okay. Submitting a request through Breezy does not obligate you to accept an offer.
If you're considering borrowing, take the time to understand your options and the cost of the loan before you commit.
Breezy Financial is not a lender and does not make loans, cash advances or credit decisions. Breezy Financial is an independent loan-connecting service. Information you provide may be shared with one or more lenders, lending partners, aggregators or other financial-service providers that may be able to consider your request. We cannot guarantee that you will be connected with a lender or that your request will be approved. Availability, APR, loan amount, fees, repayment terms and other loan terms vary by lender and state. Not all lenders or lending partners offer the same products or are available in all states. Some loans may be considered payday loans, cash advances, deferred-presentment transactions, installment loans or other forms of consumer credit depending on their structure and applicable law. If you receive a loan offer, the lender is responsible for providing the applicable disclosures and complete loan agreement. Please review all terms carefully before accepting an offer. Lenders and/or lending partners are solely responsible for the products and services they offer, including applicable disclosures and compliance with applicable laws and regulations. Short-term loans can be an expensive form of credit and are not intended to be a long-term financial solution. Please use short-term loans responsibly.