Key takeaways
- Request any amount from $200 to $5,000.
- Installment loans have fixed monthly payments and a clear payoff date.
- Compare APR, fees, and total repayment before you accept any offer.
Loan options you can request
Small loans: $200 to $1,000
For a utility catch-up, a phone repair, or a shortfall bigger than a cash advance app can cover. Shorter terms, usually 3 to 12 months.
Mid-size loans: $1,000 to $5,000
For car repairs, medical bills, moving costs, or consolidating several smaller balances. Terms often run 12 to 36 months.
Emergency loans
When timing matters, many lenders fund by the next business day after you sign. Same-day funding is sometimes available.
Fair and poor credit
Some participating lenders consider applicants with lower scores. Expect higher APRs, and compare carefully.
What a loan could cost
These examples use a fixed-rate amortization formula. They're illustrations, not offers.
| Amount | Term | APR | Monthly payment | Total repaid |
|---|---|---|---|---|
| $500 | 6 months | 29.99% | $90.77 | $544.63 |
| $1,000 | 12 months | 24.99% | $95.04 | $1,140.47 |
| $2,000 | 12 months | 24.99% | $190.08 | $2,280.94 |
| $5,000 | 36 months | 17.99% | $180.74 | $6,506.53 |
Try your own numbers with the payment estimator.
Personal loan vs. Rocco cash advance
A Rocco cash advance tops out at $100 and is repaid in one deduction on payday. A personal loan gives you more money and spreads repayment across fixed monthly payments, which is easier on a tight budget when the expense is large. Many lenders also report on-time payments to the credit bureaus, which can help you build credit. Read how the Rocco app works for the full comparison.
How to choose the right offer
- Compare APR, not just the payment. A lower payment over a longer term can cost more overall.
- Check for origination fees. Some lenders deduct 1% to 10% from your loan amount up front.
- Confirm there's no prepayment penalty.
- Ask whether the lender reports to credit bureaus if building credit matters to you.
- Read the autopay terms and make sure the payment date lines up with your payday.
Frequently asked questions
What's the smallest loan I can request?
$200. The largest is $5,000. Lenders decide the final amount.
Are these payday loans?
Most participating lenders offer installment loans repaid in equal monthly payments over months, not a single lump-sum payment two weeks later. Always read the loan agreement to confirm the structure.
Can I pay off early?
Most installment lenders allow early payoff without a prepayment penalty, which reduces the interest you pay. Confirm this in your loan agreement.