Before you agree to the terms of a payday loan, talk to 1st Choice Money Center to learn about our affordable Idaho payday loan alternatives.

Payday lenders structure their repayment terms in a way that few borrowers can afford. If you are unable to make the required balloon payment, you could find yourself making excessive interest payments for months without ever reducing the principal amount of your loan.

The 1st Choice Money Center team understands how devastating these practices can be for borrowers. That’s why we offer multiple personal and signature loan programs that are designed to get you the cash you need today while still allowing you to pay off the loan over time.

The Problem with Payday Loans

Although these loan programs are designed to get cash into your hand quickly and with minimal hassle, that’s where the benefits end.

By imposing excessive interest rates and unreasonable repayment terms, payday lenders make it extremely difficult to pay the debt off. Most lenders require you to pay off the full amount of the loan plus interest on your next payday, typically in two weeks. If you can’t manage this large balloon payment – a financial feat few borrowers can handle – you must begin making large interest payments.

The catch is that these interest-only payments do nothing to reduce the principal amount of the debt. And, until you can come up with the full amount of loan and pay it off, you must continue making interest payments.

Consider a Personal, Installment or Signature Loan

The good news is that you don’t have to take out an expensive, financially risky payday loan – or get stuck in an impossible repayment loop – to get the cash you need today.

Signature (personal) loans, auto equity loans and installment loans from 1st Choice Money Center offer all the benefits of payday lending without the impossible repayment terms or exorbitant interest rates.

Whether you apply in person, by phone or online, we can have an approval for you in minutes – without a hard credit check. Whether you need to pay bills, get your car repaired or do something special with the family, you will get the money you need quickly and easily. You’ll have a generous term for repayment – up to two years, in many cases – and you will have set, monthly payments you can budget for.

Best of all, your payments go toward both principal and interest, so you’re paying down your debt every single month.

Idaho’s First Choice for Alternatives to Payday Loans

Here at 1st Choice Money Center, we have structured our lending programs so they make sense for you – and for your budget. You will have a personal loan advisor to assist you and answer your questions. We take great care to provide the information you need to select the perfect loan program for your needs.

You can visit any of our convenient Idaho locations to apply. Or, if you prefer, you can call us or apply online. We look forward to assisting you and showing you why we offer all of Idaho’s preferred payday loan alternatives.

Don’t hesitate.

Act now to get the cash that you need.

Contact us at 877-CASH-365 to apply for a loan today.