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Kabbage
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307 reviews
41 questions & answers

What are you charging for interest. I am sure it varies but on average what would be a common A. P. R.? Just want to make sure you aren't charging 20 to 30%

Asked by Sandra Q. on 4/12/2016

4 Answers
Cameron M.3/21/2020
Monstrous interest. Loan sharks would be intimidated. 40%-100% APR. If you get them to quote a rate it is not an APR.
Michael S.6/13/2016
It is more. You will have a high monthly payment. This typically means you will need to reborrow all or a portion of that back. They will charge you a fee for that loan and another fee monthly for the loan.
Karen M.4/29/2016
They are charging 20% for 6 months which is 40% apr I believe.
Bethany H.4/12/2016
They are charging AT LEAST THIS AMOUNT. YOU WILL HAVE TO PAY OFF 100% OF THE BALANCE TO FREE YOURSELF FROM THE HEAVY INTEREST... I MEAN FEES... THEY WILL CHARGE. I speak from experience.

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