About Us
| Grace Period | Typical Advance Lender |
| Non-Profit | For Profit |
| Flexible Term | Full Payment Expected Next Payday |
| 13 Days Free* | No Grace Period |
| You are a member | You’re a customer |
| Low Cost/No Cost | High Cost |
Grace Period wants to offer you a reasonable solution for your cash needs. We are a non-profit organization, partnered with a church and started with donated funds. Our goal is to educate the community about the danger of using predatory lenders and offer a more reasonable alternative for money borrowers. We are on a mission to prove that in our community we don’t need cash advance and payday loan operations.
Our loans offer features just like the other guys:
- No credit check
- Quick approvals
But with these EXTRA benefits:
- Flexible terms
- No repayment race
- No cost option
Apply Online
Get started now! It's quick and easy to apply for the money you need. *Up to $500
Learn More!
Quick Approval
Get approved fast with no credit check! We'll get your application approved in no time at all. Learn More!
Get Cash
Get the funds you need! Nothing beats borrowing for FREE. Learn More!
APR
The loans made from this site are without fee, interest or cost (0.00% APR) during the borrower’s "grace period" (loan date thru next pay date, not to exceed 13 days). Loans can be extended beyond this "grace period" at borrower’s option, see Renewal Policy.
Renewal Policy
Should it become necessary for a loan term to exceed the "grace period", we provide borrowers an automatic renewal and access to low cost credit union provided funding (18% APR).
Collection Practices
Failure to repay a loan from Grace Period will result in adverse action being taken against borrower by Grace Period, Inc. and/or a third party collection organization. Collection practices will be in accordance with the principles of any applicable federal regulations at all times.
Implications of non-payment
Additional fees may apply in the event of borrower’s failure or delay in repayment of this loan to the extent they are allowed by law. Grace Period or its assigns may attempt to contact borrowers via one or more authorized methods including phone calls, emails and text to arrange for payment.
Potential impact to credit score:
Timely repayment of a loan may improve borrower’s credit scores. Unlike many other lenders, Grace Period’s credit union partner reports both positively and negatively to the credit bureaus with respect to loan status. Late or missed loan payments can negatively affect your credit score.