1) Loan amount
2) add: lien search fee of $29
3) add: lien registration fee
a) $29 for 12 month term
b) $39 for 13 to 24 month term
c) $59 for 25 to 36 month term
d) $99 for 37 to 48 month term
4) add: $70 administration fee
5) Sum the total of the above items and apply an annual interest rate of 29.95% (using the term and frequency selected by the borrower)
6) With Don't Pay for 100 Days - Sum the total of the above items and apply an annual interest rate of 39.95% (using the term and frequency selected by the borrower)
 

 

* THE PAYMENT CALCULATOR IS OFFERED AS A TOOL TO ASSIST YOU IN CALCULATING THE APPROXIMATE AMOUNT OF YOUR PAYMENTS WITH wippyay. THE LOAN AMOUNT, CHOSEN PAYMENT FREQUENCY AND REPAYMENT TERM WHICH IS ENTERED BY YOU, DIRECTLY INTO THE PAYMENT CALCULATOR, WILL AFFECT THE PAYMENT CALCULATION. SHOULD THE AMOUNT OF THE INVOICE, REPAYMENT TERM OR PAYMENT FREQUENCY CHANGE AT ANY TIME, THE PAYMENT CALCULATION YOU WERE INITIALLY PROVIDED WITH WILL NO LONGER BE ACCURATE. THE PAYMENT CALCULATOR CAN ONLY BE RELIED UPON IF THE TOTAL INVOICE MATCHES EXACTLY AS YOU HAVE ENTERED IT INTO THE PAYMENT CALCULATOR ALONG WITH THE PAYMENT TERM AND FREQUENCY REMAINING UNCHANGED FROM YOUR INITIAL QUOTE. THE PAYMENT CALCULATOR IS NOT INTENDED TO BE RELIED UPON AS A PRECISE STATEMENT OF YOUR PROPOSED PAYMENTS OR PAYMENT SCHEDULE AND IS NOT BINDING ON EITHER wippypay OR ACTIVE GREEN + ROSS. A REPRESENTATIVE OF wippypay WILL BE HAPPY TO PROVIDE YOU WITH THE ACTUAL AMOUNT OF YOUR PAYMENTS AND YOUR PAYMENT SCHEDULE ONCE DEEMED ELIGIBLE.

 

$89 for 90-day deferral beyond the 90 days, .1257%
$69 for loan set up
24.9% interest on outstanding balance
1.75%/month transaction fee ( x12 = 21.00%)
Essentially, 45.90% annually/ 12 months = 3.825%

For daily interest it should be principal + ((24.9/36500) * 1091.47) * 90 = 1158.48
If it were monthly interest it would be (((24.9/1200) * 1091.47) * 3) + 1091.47 = 1159.41
 

* THE PAYMENT CALCULATOR IS OFFERED AS A TOOL TO ASSIST YOU IN CALCULATING THE APPROXIMATE AMOUNT OF YOUR PAYMENTS WITH ADVANTAGEWON. THE LOAN AMOUNT, CHOSEN PAYMENT FREQUENCY AND REPAYMENT TERM WHICH IS ENTERED BY YOU, DIRECTLY INTO THE PAYMENT CALCULATOR, WILL AFFECT THE PAYMENT CALCULATION. SHOULD THE AMOUNT OF THE INVOICE, REPAYMENT TERM OR PAYMENT FREQUENCY CHANGE AT ANY TIME, THE PAYMENT CALCULATION YOU WERE INITIALLY PROVIDED WITH WILL NO LONGER BE ACCURATE. THE PAYMENT CALCULATOR CAN ONLY BE RELIED UPON IF THE TOTAL INVOICE MATCHES EXACTLY AS YOU HAVE ENTERED IT INTO THE PAYMENT CALCULATOR ALONG WITH THE PAYMENT TERM AND FREQUENCY REMAINING UNCHANGED FROM YOUR INITIAL QUOTE. THE PAYMENT CALCULATOR IS NOT INTENDED TO BE RELIED UPON AS A PRECISE STATEMENT OF YOUR PROPOSED PAYMENTS OR PAYMENT SCHEDULE AND IS NOT BINDING ON EITHER ADVANTAGEWON OR ACTIVE GREEN + ROSS. A REPRESENTATIVE OF ADVANTAGEWON WILL BE HAPPY TO PROVIDE YOU WITH THE ACTUAL AMOUNT OF YOUR PAYMENTS AND YOUR PAYMENT SCHEDULE ONCE DEEMED ELIGIBLE.