Payday Loans can make you feel like you are drowning in debt, but it does not need to be like that.
We here at SkyCap understand that Payday Loans can leave you in a constant vicious cycle of your paycheque going to pay off a Payday Loan and needing to take out a new Payday Loan to survive until your next pay cheque. Let us help you break this cycle with a SkyCap Loan, and with our proprietary SkyCap University free to all our clients, we can help teach you other tools that should prevent your from needing a Payday Loan in the future.
SkyCap Financial also provides SkyCap University, a free online course aimed at improving financial literacy for SkyCap Financial clients. The course covers several basic financial topics such as creating a budget, dealing with credit and loans, and preparing for retirement.
Once clients have completed the course and have a perfect payment history, they are rewarded with a reduced interest rate. It is a win-win situation for SkyCap Financial clients, learning practical financial skills and getting the opportunity to save money at the same time.
Interest rates and total cost of borrowing are dependent on a borrower's credit history. SkyCap reserves the right to approve or decline an applicant based on SkyCap's internal underwriting guidelines and procedures. Not all applicants are approved.
Loan amortization from 9-60 months
APR from 12.99% to 39.99%
Example: $1000 borrowed for 12 months at 29.99% Monthly payment: $97.48; Total cost of borrowing: $169.79