This Rates & Fees page is intended to provide clear and transparent information about potential loan and cash-advance terms that may be available through the Fast Cash Advance Loans – BEI application (icon name: BEI Borrow Money), operated by BEI money HK LLC ("we," "us," or "our"). This page is for informational purposes only and does not constitute a loan offer or guarantee of approval.
1) Overview of Available Amounts, APR, and Terms
The App allows users to explore potential loan or cash-advance options offered by third-party lenders and financial partners. BEI money HK LLC is not a lender and does not determine loan approval, interest rates, fees, or repayment terms.
Loan terms and conditions vary based on multiple factors, including but not limited to your credit profile, income, state of residence, lender underwriting criteria, and applicable laws.
Typical Overview (Example Ranges)
- Loan Amounts: Up to $5,000
- APR Range: From 6.99% up to 35%
- Repayment Terms: Typically from 3 to 24 months
These ranges are illustrative only. Actual offers may differ, and not all users will qualify for the minimum or maximum amounts or rates shown.
All loan details, including APR, fees, repayment schedule, and total cost of borrowing, are fully disclosed by the lender before you accept any offer.
2) Loan Amount & Term Cards (Illustrative Overview)
The App may display overview cards summarizing common loan characteristics to help users understand potential options. These cards are not guarantees and do not represent binding offers.
Example Loan Amounts
- Small-dollar loans (e.g., $100–$500)
- Mid-range loans (e.g., $1,000–$2,500)
- Larger installment loans (up to $5,000)
Example APR Ranges
- Lower APRs may be available to users with stronger credit profiles and stable income
- Higher APRs may apply to users with limited or challenged credit histories
Example Repayment Durations
- Short-term repayment options (as short as 3 months)
- Longer installment options (up to 24 months), depending on lender policies
The specific terms you receive depend entirely on the third-party lender and your individual application details.
3) Sample Loan Cost Table
The following table provides hypothetical examples only to demonstrate how loan costs may vary. These examples do not reflect actual offers and should not be relied upon as guarantees.
| Loan Amount | Example APR | Example Term | Estimated Monthly Payment | Estimated Total Repayment |
|---|---|---|---|---|
| $500 | 28% | 6 months | ~$90 | ~$540 |
| $2,000 | 24% | 12 months | ~$190 | ~$2,280 |
| $5,000 | 18% | 24 months | ~$250 | ~$6,000 |
Important Notes:
- Payment amounts are estimates and may vary
- APR includes interest and certain lender-imposed fees
- Actual repayment schedules are provided by the lender before acceptance
4) Explanation of APR (Annual Percentage Rate)
The Annual Percentage Rate ("APR") represents the yearly cost of borrowing and includes interest and applicable fees expressed as a percentage.
APR may be influenced by:
- Credit score and credit history
- Income level and employment status
- Loan amount requested
- Repayment term length
- Lender risk assessment
- State and federal lending regulations
A lower APR generally results in lower total borrowing costs, while a higher APR increases the overall repayment amount.
5) Fees and Charges
Fees are determined solely by third-party lenders and vary by product and state law. Any applicable fees are clearly disclosed before you accept an offer.
Common Fee Types May Include:
- Origination Fees: Charged by some lenders to process a loan
- Late Payment Fees: Applied if a payment is not made by the due date
- Returned Payment Fees: Charged if a payment is returned due to insufficient funds
- Expedited Processing Fees: May apply if faster funding options are selected
Not all lenders charge all fees. Some lenders may charge no origination fees at all.
There are no hidden fees. If a fee applies, it will be included in your loan disclosure documents.
6) Early Repayment and Prepayment
Some lenders allow borrowers to repay loans early without penalties, which may reduce the total interest paid. Other lenders may impose conditions related to early payoff.
Prepayment terms, if any, are defined in the lender's loan agreement. Users are encouraged to review these terms carefully before accepting an offer.
7) Payment Methods
Repayment is typically made through electronic bank transfers, such as ACH debits, from the bank account you designate during the application process.
Some lenders may offer alternative payment options. You are responsible for maintaining sufficient funds to avoid late fees or returned-payment charges.
8) Transparency and Disclosure
Before accepting any loan or cash-advance offer, you will receive a complete disclosure that includes:
- Loan amount
- APR
- Total number of payments
- Payment amounts and due dates
- Total repayment cost
- Applicable fees
You should review all disclosures carefully and only accept an offer if you understand and agree to the terms.
9) APR Tips and Responsible Borrowing
When considering a loan, it is important to understand how APR and repayment terms affect your finances.
Helpful Tips:
- Compare offers from multiple lenders when available
- Consider shorter repayment terms to reduce total interest, if affordable
- Borrow only what you need
- Review your budget to ensure timely repayment
- Avoid stacking multiple loans simultaneously
Responsible borrowing can help reduce financial stress and long-term costs.
10) No Guarantee of Approval
Submitting a request through the App does not guarantee approval or specific loan terms. All decisions are made by third-party lenders based on their own criteria.
11) Questions About Rates & Fees
If you have general questions about how rates and fees are presented in the App, you may contact:
BEI money HK LLC
504 Ellison St, Branson, MO 65616-2807
Email: [email protected]
Phone: (928) 492-6840
For questions regarding a specific loan offer, repayment obligation, or fee, you should contact the lender directly using the information provided in your loan agreement.