A short-term installment loan is a loan that is repaid with a fixed number of payments made at regular intervals until the balance is paid off. You can pay off the loan early with no pre-payment penalties at any point during the repayment schedule. Short term installment loans are typically non-secured, meaning that you do not put up a form of collateral that would be surrendered if you defaulted on the loan.

The two major differences between payday loans and short-term installment loans are the number of payments and lengths of the repayment terms. Payday loans are typically repaid with a single payment, due when the borrower receives their next paycheck. Short-term installment loans are repaid in multiple fixed payments, made over a period of months.

Because the repayment term on a payday loan is so short, many borrowers fail to repay their loan on time. A payday loan can then be “rolled over” into a new loan with additional fees and interest, pushing the borrower into a potential “debt cycle.”

It’s part of zFunds’ mission to provide accessible, transparent funding. If you meet the minimum requirements listed below, it’s more than likely we’ll be able to provide the funding you need.

• Receive regular income
• Are at least 18-years-old and a U.S. citizen
• Have an active checking account
• Are not actively serving in the military or a dependent of someone actively serving in the military.

* Other requirements may apply.

A member of our customer service team will contact you, and/or you’ll receive an email notification from zFunds with further information about completing the loan application process.

Qualified first-time customers can borrow up to $1,000 dollars. Qualified VIP returning customers can borrow up to 2,000 dollars.

For details on our rates and fees, please visit our Rates page.

If you might be late with a scheduled payment, please contact us as soon as possible for assistance. We want to help you in your time of need! Let us know what’s going on so we can find a solution together.

zFunds abides by federal laws and regulations as incorporated by the Lac du Flambeau Band of Lake Superior Chippewa Indians of Wisconsin.

The best way to save money on the cost of your loan is to pay it off as soon as possible. You can make extra payments toward the amount you borrowed or pay the loan in full as soon as you are able. If you are interested in paying your loan off early and reducing the total cost of your loan, log into your account and select “Make a Payment,” or call us at 877-864-0601 for assistance.

You can access your loan documents online any time by logging in to your account with your username and password. Once you're on your account page, scroll down to the bottom and click View My Documents Button. Alternatively, Click the Loan History and scroll down the to the bottom and click Loan Agreement Button.

If you encounter any difficulties while trying to access your documents, don’t hesitate to reach out for assistance. You can contact a member of our Customer Service team at 877-864-0601. They are available to guide you through the process so you can access the documents you need.

To effectively exercise your Right to Cancel, please remember that you have until 3:00 p.m. CST on the second business day following your “Disbursement Date” to initiate the return process for your funds without any interest charges. Your Disbursement Date is the day the funds are transferred to your financial institution, which may differ from when your bank makes those funds accessible. Therefore, if you are considering canceling your loan, we encourage you to contact us promptly at 877-864-0601 for assistance. If you miss the Right to Cancel deadline, you can still pay off your loan early without penalties and pay only the interest you’ve accrued up to your pay-off date.