Archived App
This is an archived listing of the app previously available on the App Store.
Access instant payday loans for quick cash advances to cover unexpected expenses. This app simplifies the online borrowing process with same-day application processing and near-instant approval decisions from direct lenders.
1.1.1
October 9, 2023
- bug fixes
OTM Loans - Cash Advance is a mobile application designed to provide users with instant payday loans and cash advances. It aims to simplify the process of borrowing money online from direct lenders, offering quick application processing and approval decisions.
The app facilitates fast cash access by allowing users to apply for payday loans online. Applications are processed on the same day, and users can receive near-instant approval decisions, making it a solution for unexpected expenses.
APR rates can range from 5.99% to 35.99% for qualified consumers. Repayment terms typically span from 3 months to 36 months, depending on the loan amount and borrower qualifications.
The provided description does not specify compatibility with particular operating systems or devices. Users should check their respective app stores for availability on their specific mobile device.
For instance, borrowing $5,000 over 48 months with an 8% arrangement fee ($400) would result in monthly repayments of $131.67. The total payback would be $6,320.12, with a total cost of $1,720.12, including the fee.
