Bad Credit? No Problem Approved Your Loan In 3 Minutes

Apply Now Approved Upto $35,000 Over 350 Direct Lenders

Your Loan
APR Ranges From 5.99% up to 35.99% For Qualified Customers
91 Day Minimum up to 72 Month Maximum Repayment Period
We use 256 bit SSL technology to encrypt your data.

Get Started

Our online application is fast, secure, and easy.

Get a Fast Decision

We ensure a speedy process.

Get Your Cash

Receive your cash as soon as the next business day.

Loan Days – Everything You Need to Know

Loan days refer to the duration for which a borrower obtains a loan from a lender. The loan is repaid by the borrower within the prescribed loan days, which also includes the interest charged on the principal loan amount. It is essential to understand loan days, especially when borrowing money for any purpose. This article covers everything that you need to know about loan days.

What are Loan Days?

Loan Days are the number of days for which a borrower obtains a loan from a lender. These days are set at the time of loan disbursal and are fixed when the loan is approved. The loan amount is made available to the borrower on the condition that it is repaid within the stipulated loan days, along with the interest charged on the principal loan amount.

Loan days vary according to the type of loan obtained by the borrower. For instance, short-term loans have a short loan duration of 30 to 90 days, medium-term loans have a duration of 6 months to a year, while long-term loans can have a loan duration of up to 30 years.

How to Calculate Loan Days?

The calculation of loan days is straightforward. The loan duration starts from the date of loan disbursal and ends on the last day of the loan term. For instance, suppose a borrower obtains a loan on January 1st, 2022, for a loan term of 365 days. In that case, the loan end date will be December 31st, 2022, and the loan duration will be 365 days.

What Happens if the Loan is not Repaid within Loan Days?

If the borrower is unable to repay the loan within the stipulated loan days, various consequences can follow. Firstly, the lender can charge late payment fees or penalty charges. The late payment fee can be a percentage of the overdue amount, while the penalty charges can be a fixed amount or a percentage of the overdue loan amount.

Additionally, defaulting on a loan can affect the borrower's credit score, making it difficult to obtain future loans or other forms of credit. The lender can take legal action against the borrower to recover the loan amount, which can result in the seizure of assets or property, wage garnishment, or court action against the borrower.

How to Choose Loan Days?

Choosing loan days depends on the borrower's repayment capacity, financial position, and the purpose of taking the loan. Some borrowers may prefer short-term loans, while others may require long-term loans. Ultimately, the choice of loan days should be made based on the borrower's ability to repay the loan along with the interest charged.

Borrowers should also consider the interest rate charged on the loan amount, prepayment charges, and any other fees before choosing the loan duration. A higher loan duration can result in a higher interest rate, while shorter loan durations can lead to higher monthly payments.

What are the Different Types of Loans with Different Loan Days?

There are different types of loans offered by lenders, each with varying loan days. The types of loans include:

Personal Loans:

Personal loans are unsecured loans offered by lenders to borrowers for various purposes, such as home renovation, travel, or medical expenses. The loan duration for personal loans can be as short as 12 months or as long as 60 months.

Car Loans:

Car loans are secured loans obtained to finance the purchase of a car. The loan duration can range from 12 months to 60 months or more, depending on the borrower's repayment capacity.

Home Loans:

Home loans are secured loans obtained to purchase a house or property. The loan duration can range from 10 years to 30 years or more, depending on the borrower's repayment capacity and the loan amount.

Business Loans:

Business loans are obtained by small and medium enterprises to finance their operations or purchase new assets. Loan durations can range from 12 months to 36 months or more, depending on the borrower's financial position and loan amount.


Loan days are an essential aspect of borrowing money from lenders. It is crucial to know the loan duration and ensure timely repayment of the loan to avoid late payment fees, penalty charges, and other negative consequences. Borrowers must choose the loan duration based on their financial position, repayment capacity, and the purpose of taking the loan.

Several types of loans are available, each with different loan durations, interest rates,

Get A Loan Now Quickly And Easily

Representative Example
APR, Total Loan Costs & All Applicable Fees

Loan Amount $1,000 $2,000 $5,000 $10,000
Interest Rate 24% 19% 13% 8%
Loan Term 12 Months 24 Months 48 Months 60 Months
Fee 3% 5% 8% 10%
Fee Cost $30 $100 $400 $1,000
Repayment $94.56 $100.82 $131.67 $202.28
APR 29.82% 24.12% 18.23% 9.20%
Total Payments $1,134.72 $2,419.68 $6,320.12 $12,136.80
Total Costs $164.72 $519.68 $1,720.12 $3,136.80

The website is not an offer to lend. The website only provides a service and is not an agent, representative, or broker of any lender and does not endorse or charge you for any loan or product. The website operators are not lenders, do not make loans of any type, and do not make credit decisions.

The website collects personal information provided by you and forwards it to partners in our lender network. You are under no obligation to use this website or service to initiate, contact, nor apply for credit or any loan product with any service provider or lender. Loan amounts vary from $100 and $35,000 but not all lenders can provide up to $35,000. Providing your information on the website does not guarantee you will be approved for a loan or credit product.

Cash transfer times may vary between lenders and may depend on your individual financial institution. In some circumstances faxing may be required. If you have any questions, contact your lender directly for details, questions, or concerns regarding your loan or credit product. Short-term cash loans are meant to provide you with short-term financing to solve immediate cash needs and should not be considered a long-term solution.

This service and lenders are not available in all states. Lenders may perform credit checks with the three credit reporting bureaus: Experian, Equifax, or Trans Union or may perform alternative credit checks or consumer reports through alternative providers. By submitting your request, you acknowledge, agree, and authorize that (a) your information may be sent to lenders and/or third-party partners on your behalf, and (b) such lenders may obtain consumer reports and related information about you from one or more consumer reporting agencies, such as TransUnion, Experian and Equifax to evaluate your creditworthiness.

Address: 557 W Lake Ave NW Atlanta Georgia 30318
Email Address:

© 2021 All rights reserved.