Why Choose Fast Cash Loan with Us


According to the FDIC, the effective APR of an overdraft charge is over 3500%. Our fast cash short-term loans are a great alternative to paying late fees and penalties. Take a look at the chart below to see how much more cost effective a short-term loan from Northern Plains Funding can be compared to other alternatives.
According to the FDIC, the effective APR of an overdraft charge is over 3500%

  • Bank Overdraft Charges: $20 bank overdraft with $28.95 fee = 3774% APR
  • Bouncing Checks: $100 check w/ $56 NSF and merchant fee = 1449% APR
  • Paying Bills Late: $100 utility bill with $47 late/reconnect fee = 1225% APR
  • Credit Cards: $100 credit card balance w/ $37 late fee = 965% APR

If you’re like many consumers, you may be aware of the risks and disadvantages that come with using traditional payday loan services. With a traditional payday loan, you receive your cash and have two weeks to pay back everything you borrowed, plus interest and finance charges. Paying all of this money back at once can be problematic for your budget. If you don’t have the funds available to do so, you end up getting charged high penalties.

This makes payday loans a bit risky for your finances. Getting the cash you need to cover an emergency or unexpected expense can then cause big problems for your finances down the road. Your quick cash solution could leave you struggling when the payment is due in-full.

Unlike traditional payday loans, fast cash loans from Northern Plains Funding offer more flexible repayment options while still providing the cash when you need it.

These are some of the advantages of a fast cash loan versus a traditional payday loan:

  • You pay back the loan over time, instead of in a one-time lump sum payment
  • You can prepay the loan ANY TIME without any penalty
  • Additional payment options are available if you choose not to use the direct debit system
  • Scheduled loan payments are easier to manage in your budget

You also enjoy the same advantages you get from traditional payday loans:

  • Instant online pre-approval in seconds
  • Money goes direct to your bank account
  • No faxing documents
  • No approval meetings with a lending agent
  • Safe, secure, confidential online application