Home Office Seattle WA
Call (800) 261-7282
Call (800) 261-7282
Thank you for the desire for TitleMax of Texas, Inc. d/b/a TitleMax (“CSO”). CSO provides credit services – it can help consumers get loans from the lender that is third-party problems a credit improvement to your third-party lender to back up consumer’s vow to pay for the mortgage. CSO is certainly not a loan provider.
CSO Fee – 30-Day Credit Products: The CSO Fee is a share associated with the Amount Financed, determined as shown within the after table. The CSO Fee portion will be determined on the basis of the creditworthiness associated with the customer and whether the customer has been doing company with CSO previously. More creditworthy customers and customers who possess a good history with CSO may be eligible for CSO Fee percentages during the entry level for the percentage range.
| Amount Financed | CSO Fee as a per cent associated with Amount Financed |
|---|---|
| $0.00 – $649.99 | 14.99percent – 18.99% |
| $650.00 – $1,049.99 | 13.99% – 17.99% |
| $1,050.00 – $1,749.99 | 12.99% – 17.99% |
| $1,750.00 – $2,549.99 | 11.99% – 16.99% |
| $2,550.00 – $3,549.99 | 10.99% – 15.99% |
| $3,550.00 – $5,049.99 | 10.99% – 14.99% |
| $5,050.00+ | 9.99% – 12.99per cent |
The CSO Fee for 30-day credit items is completely and it is payable and due to CSO from the date regarding the Loan that CSO helps customer get from Lender. The CSO Fee for 30-day credit services and products could be financed within the Loan created by Lender to customer.
30-Day Loan/CSO Fee Examples: All examples have a 30-day term and a $33 lien filing cost and assume that Consumer is charged the greatest CSO Fee portion relevant to such loan quantity.
| Amount Financed (Requested Loan Amount + $33 Lien Filling Fee) | CSO Fee | Lender Interest | Finance Charge (CSO Fee + Lender Interest) | Total of re Payments | APR |
|---|---|---|---|---|---|
| $533.00 | $101.21 | $5.19 | $106.40 | $639.40 | 242.88% |
| $1,233.00 | $221.82 | $11.90 | $233.71 | $1,466.71 | 230.62% |
| $2,033.00 | $345.41 | $19.45 | $364.86 | $2,397.86 | 218.35percent |
| $3,033.00 | $484.98 | $28.77 | $513.75 | $3,546.75 | 206.09% |
| $4,033.00 | $604.54 | $37.93 | $642.47 | $4,675.47 | 193.82percent |
| $7,533.00 | $978.53 | $69.61 | $1,048.14 | $8,581.14 | 169.29% |
CSO Fee – Secured Five-Month Credit items: The CSO Fee for secured 5-month credit services and products is a portion of this Amount Financed charged https://personalbadcreditloans.net/reviews/checkmate-loans-review/ within the quantity of times within the loan term, as shown into the after table. The CSO Fee is determined by multiplying the Amount Financed because of the relevant CSO that is daily Fee because of the amount of times when you look at the loan term. The CSO that is daily Fee are going to be determined on the basis of the creditworthiness of this customer and whether the buyer has been doing company with CSO formerly. More creditworthy customers and customers who’ve a history that is good CSO may be eligible for CSO Fee percentages in the entry level of this portion range.
| Amount Financed | CSO Fee as an everyday percent for the Amount Financed |
|---|---|
| $0.00 – $649.99 | 0.4930per cent – 0.6250% |
| $650.00 – $1,549.99 | 0.4270percent – 0.5920% |
| $1,550.00 – $2,049.99 | 0.3950percent – 0.5590% |
| $2,050.00 – $3,049.99 | 0.3620percent – 0.5260% |
| $3,050.00 – $5,049.99 | 0.3620percent – 0.4930% |
| $5,050.00+ | 0.3290percent – 0.4270percent |