Disclaimer and disclosures
Everything we are required to tell you, and a few things we would tell you anyway. Please read this before you submit a request.
Better Money Options works better when nothing is hidden. The sections below spell out how the service works, where it stops, and what the lenders in our network decide on their own.
We Are Not a Lender or a Broker
Better Money Options is not a lender or a broker and does not make credit decisions or fund loans. We connect your request with lenders and lending partners in our network.
Put simply: we do not make credit decisions, we do not fund loans, and we are not your bank, broker, or financial advisor. bettermoneyoptions.com (the "website") is not an offer or solicitation to lend. The website only provides a service and is not an agent, representative, or broker of any lender and does not endorse or charge you for any loan or product. The website operators are not lenders, do not make loans of any type, and do not make credit decisions.
No Guarantee of Approval, Rate, Term, or Amount
Submitting a request does not guarantee approval, or a specific rate, term, or amount. Approval, APR, fees, and funding are determined solely by the lender.
Submitting a request is not an application for credit with any specific lender, and it is never a promise that you will be approved. Any rate, fee, repayment term, and final decision come from the lender you choose, and that lender shows you the full terms before you accept anything. The amount you request may be adjusted based on the offers you qualify for. Factors such as the time and date of your request, lender availability, how often you have requested, and whether you are a first-time applicant may affect the offers presented.
Material Disclosure
The sections that follow are the material terms of using this service: how APR works, illustrative loan costs, how fees, funding, late payments, credit checks, collections, and renewals are handled by lenders, and how we are paid. Read them before you accept any offer.
APR Disclosure and Estimated Loan Terms (For Qualified Applicants)
Annual Percentage Rate (APR) reflects the annualized cost of borrowing and includes interest as well as certain finance charges assessed by a lender. APR is expressed as a percentage and is intended to help consumers compare the cost of credit across different offers. bettermoneyoptions.com does not make loans, does not set interest rates, and does not make credit decisions. Lenders within our network determine all loan terms independently.
Based on lender offerings currently available through our network, APRs may generally fall between approximately 5.99% and 35.99%, though lower or higher rates may be offered depending on the lender, loan product, and applicant qualifications. Loan repayment periods offered by lenders commonly range from 91 days to as long as 72 months, depending on the product selected. The exact APR, repayment schedule, total loan cost, and duration will be disclosed by the lender before you accept any loan offer.
Illustrative Loan Cost Scenarios (For Comparison Only)
The following examples are provided to help explain how loan amount, APR, and repayment term may affect monthly payments and total repayment. These examples are illustrative only, are not guarantees, and do not represent actual loan offers.
| Loan Amount | Estimated Term | Example APR | Estimated Monthly Payment | Estimated Total Repayment |
|---|---|---|---|---|
| $1,500 | 18 months | ~17.99% | ~$96 | ~$1,728 |
| $3,500 | 36 months | ~13.25% | ~$118 | ~$4,248 |
| $7,500 | 48 months | ~10.50% | ~$192 | ~$9,216 |
These scenarios assume closed-end installment loans and are presented solely for educational and comparison purposes. Actual APRs, fees, repayment schedules, and total loan costs are determined by the lender and will be disclosed before you accept any loan offer.
Interest, Fees, and Other Charges Determined by Lenders
bettermoneyoptions.com does not charge users any fees and does not add interest or finance charges to any loan. All interest rates, fees, and other charges are established by the lender making the loan and are disclosed in the lender's loan agreement. Applicants should carefully review all lender-provided documents before agreeing to any loan. You are under no obligation to accept any offer presented, and you may decline an offer at any time prior to execution of a loan agreement.
Timing of Loan Approval and Funding
Loan requests submitted through this website are reviewed directly by participating lenders. Approval decisions are made solely by the lender. If approved, funding times depend on lender processing and the policies of your financial institution. If you have questions about your loan, contact your lender directly.
Late Payment, Partial Payment, and Non-Payment Considerations
By accepting a loan offer, you agree to repay the loan according to the schedule and terms established by the lender. Late payments, missed payments, or failure to repay the loan in full may result in additional fees, penalties, or other consequences as described in the lender's agreement. bettermoneyoptions.com does not have visibility into individual lender fee structures and cannot estimate the charges that may apply in the event of late or non-payment. Borrowers should review lender policies carefully before accepting a loan.
Credit Authorization and Potential Credit Impact
Participating lenders may verify applicant information and, where permitted by law, obtain consumer credit reports or other credit data to evaluate creditworthiness. Lenders may perform credit checks through Experian, Equifax, or TransUnion, or through alternative providers such as Clarity. By submitting a request through this website, you authorize lenders in our network to perform these checks as part of their underwriting process. Late or missed payments may be reported to credit bureaus and could negatively impact your credit profile. Credit reporting practices vary by lender.
Collections and Account Servicing
bettermoneyoptions.com is not involved in loan servicing or debt collection activities. All servicing and collection practices are handled directly by the lender in accordance with their agreement and applicable law. Borrowers with questions regarding payment schedules, servicing, or collections should contact the lender directly using the information provided in their loan documents.
Advertising and Referral Relationship Disclosure
bettermoneyoptions.com operates as an advertising and referral platform that connects consumers with independent lenders or lending partners. We do not take loan applications on behalf of lenders, do not broker loans, and do not act as an agent of any lender. Better Money Options may receive compensation from lenders or lending partners when a request is matched or funded. This compensation may affect which lenders appear in our network and how requests are routed. Some users may be matched with tribal lenders, whose rates and fees may differ from those of state-licensed lenders and who may be governed by federal and tribal law rather than state law. Nothing on this website constitutes an offer to lend or a solicitation of credit.
Availability and Eligibility Considerations
To use this service you must be a U.S. resident and at least 18 years old, and you must meet the requirements of the lenders in our network. Service availability and loan products vary by state.
Loan availability, amounts, APRs, and repayment terms depend on multiple factors, including applicant credit profile, lender underwriting criteria, and applicable federal, state, or tribal laws. Not all lenders operate in all states. Because lending is regulated at the state level, the products and lenders available to you depend on where you live.
Important Use Considerations
Loans available through our network are typically offered in amounts ranging from $500 to $25,000, depending on eligibility. Not all lenders can provide up to $25,000, and the amount offered may be lower than the amount requested. Short-term or small-dollar loans are not intended to be long-term financial solutions and should be used responsibly.
Loan Extensions and Renewals
Renewal or extension options, if available, are determined by the lender and disclosed in the lender's agreement. Borrowers should review renewal terms carefully before accepting a loan.
Consent to Be Contacted (TCPA)
By submitting your request, you agree to be contacted by Better Money Options and its lending partners by phone, text message, and email, including through automated or prerecorded technology, at the number and address you provide, even if it is on a do-not-call list. Consent is not a condition of any purchase. You can opt out at any time by following the instructions in any message you receive.
Electronic Communications Consent (E-SIGN)
By using this website and submitting a request, you consent under the federal E-SIGN Act to receive all communications, agreements, disclosures, notices, and other information from Better Money Options and the lenders and lending partners we connect you with in electronic form, including by email, by text message, and by posting on this website, instead of on paper. This consent covers this Privacy Policy, our Terms of Service, the consent and TCPA disclosures, and any documents related to your request. To access and keep electronic communications you need a device with internet access, a current web browser, and a valid email address, and you are responsible for keeping your contact details current. Standard message and data rates may apply to text messages, and you can stop texts at any time by replying STOP. You may withdraw this consent or request a free paper copy of any disclosure at any time through our contact form, though doing so may mean we can no longer provide the matching service.
Not Financial, Legal, or Tax Advice
The content on this site is for general educational purposes only and is not financial, legal, or tax advice. For advice about your specific situation, talk to a qualified professional or a nonprofit credit counselor.
Government Non-Affiliation
Bettermoneyoptions.com is a privately operated service and is not affiliated with, endorsed by, or sponsored by any federal, state, or local government agency.
Questions
If anything here is unclear, ask rather than guess. Use our contact form. For the rules of using the site, see our Terms of Service and Privacy Policy.