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Installment Loans

How do installment loans work?

Installment loans allow the borrower to make biweekly or monthly payments over the term of the loan, until the loan is paid off. Because they don’t have to be paid off all at once, they’re typically available in larger loan amounts than other types of short-term loans. People use installment loans for a variety of reasons – to consolidate bills, buy a vehicle, cover unplanned expenses or take care of other money needs. By making payments on time and paying the loan off in full, installment loan borrowers may even be able to build or improve their credit.

How much can I borrow with this installment loan?

Installment loan amounts are available up to $5,000. The amount you may qualify for will depend on a number of factors – including legal and underwriting criteria. Apply now to find out how much you will be approved for. The application is fast and easy!

Do you check my credit rating when I apply for an installment loan?

Yes. We request credit information from credit reporting agencies.

PRODUCT COMPARISON

Short-term loans can work for smaller, unexpected expenses. But if you find yourself needing more money, with more time to repay, Xact could be the solution you’ve been looking for. With loans up to $5,000, you could get the funds you need to consolidate debt into one easy payment. See the difference – with Xact.

Short-term Loan

Smaller loan amounts for unexpected expenses
Loan due date aligned with payroll date
(bi-weekly/monthly)

Xact Loan®

Larger loan amounts - $500–$5,000
Save time and apply online
18 or 24 month term¹
Consolidate debt into one payment
Access to FREE credit score

Consumer Notice

Actual loan amount and terms will vary based on final evaluation and credit qualifications. Payment amounts vary by rate. The Xact® Loan has either an 18-month or 24-month term, depending on consumer qualifications. The 24-month term may only be offered to qualifying returning or refinancing consumers. The table below provides illustrative examples for each available term length.

Term Length	Principal Balance	Annual Percentage Rate (APR)	Installment Payments	Total Payments
18 Months	$1,400	192.77%	37 biweekly payments of $119.42	$4,417.69
24 Months	$2,000	144.61%	48 biweekly payments of $119.69	$5,745.41

There are no application, origination, late payment, or returned payment fees. APRs range from [125% - 225%]. The maximum APR on any XACT® Loan is 225%. APRs will vary depending on credit qualifications and loan amount.

Payments must be made on time in order to enhance credit with lender.
Approval depends upon meeting legal, regulatory and underwriting requirements. All times and dates are based on Eastern Time (ET). If your loan is approved and originated by 8:00 p.m. ET on a business day, your funds will typically become available no later than the following business day. The lender may, at their discretion, verify application information by using national databases that may provide information from one or more national credit bureaus, and the lender may take that into consideration in the approval process .
Availability restrictions apply.
Transunion CreditView Dashboard is a third party provided service. The material has not been modified or validated by Xact.

The Xact^® Loan is an installment loan originated and funded by Capital Community Bank a Utah Chartered bank located in Provo, UT, Member FDIC.

* Xact loans to California residents have a maximum amount financed of $2,400.

The Company, individually or through its affiliates, is licensed as a Debt Collector by the California Department of Financial Protection and Innovation (DFPI), License Number 10435-99.

Notice to California consumers: Information on your privacy rights under the California Consumer Privacy Act can be found by reviewing the California Consumer Privacy Act (CCPA) Policy.

Notice to Alabama, Alaska, Arkansas, Arizona, California, Delaware, Florida, Hawaii, Idaho, Indiana, Kansas, Kentucky, Louisiana, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, North Dakota, Ohio, Oklahoma, Oregon, Rhode Island, South Carolina, Tennessee, Texas, Utah, Wisconsin and Wyoming Customers: Xact Installment loans are originated by Capital Community Bank, a Utah chartered bank, located in Provo, UT, Member FDIC.

South Carolina Consumer Disclosure
Information on the California Consumer Privacy Act
Do Not Sell or Share My Personal Information

Contact Us

800.316.4220

P.O. Box 36454
Cincinnati, OH 45236-0454

Xact Customer Service Hours:
Monday–Friday: 8 am – 9 pm EST.
Saturday: 10am - 2pm EST