The total payments due and APR will be disclosed on your loan agreement. The payment schedule on your loan agreement will include the number of payments, payment amounts and payment dates for the duration of the loan. For details on the specific fees of your loan, please see your loan agreement. Late fees and non-sufficient funds / returned item fees may apply as described in your loan agreement. Examples of the total payments charged of your loan are provided in the table below. To minimize the cost of your loan, we strongly recommend that you pay your loan in full or make additional payments as soon as you can. There are no penalties for early payoff.
Your full payment schedule will be included in your loan agreement. You can reduce the total cost of your loan by paying off your loan prior to your last due date on your payment schedule or by making additional payments on or between your payment due dates. You control how soon you wish to pay your loan off. There will not be any prepayment penalties.
Below is a sample payment schedule for a $300 loan. Please note that your APR may vary based upon your total loan duration and amount funded. Remember that the sooner you pay back your loan, the less your total loan cost will be. If you are interested in paying your loan in full before your last due date, or paying any additional amount towards your loan, please ask a loan manager to set up the payment for you at least 2 days prior to your scheduled pay date. If you wish to set your loan to pay in full at any time, you can also do so in your member log in. You must schedule the payment at least 2 days prior to your scheduled pay date.
Approx. Payback: 12 payments (Sample is bi-weekly Payments)
Approx 795% APR
| Payment Number | Principle Amount | Interest Amount | Payment Amount | When Payment is Due |
| 1. | $3.60 | $94.25 | $99.00 | 10/16/2015 |
| 2. | $4.75 | $94.25 | $99.00 | 10/30/2015 |
| 3. | $6.26 | $92.74 | $99.00 | 11/13/2015 |
| 4. | $8.25 | $90.75 | $99.00 | 11/27/2015 |
| 5. | $10.87 | $88.13 | $99.00 | 12/11/2015 |
| 6. | $14.33 | $84.67 | $99.00 | 12/28/2015 |
| 7. | $18.89 | $80.12 | $99.00 | 1/8/2016 |
| 8. | $24.89 | $74.11 | $99.00 | 1/22/2016 |
| 9. | $32.81 | $66.18 | $99.00 | 2/5/2016 |
| 10. | $43.24 | $55.75 | $99.00 | 2/19/2016 |
| 11. | $56.99 | $42.00 | $99.00 | 3/4/2016 |
| 12. | $75.12 | $23.88 | $99.00 | 3/18/2016 |
| TOTAL | $300.00 | $888.00 | $1,188.00 | 3/18/2016 |
Applications processed and approved before 8pm CST Monday-Friday are typically funded on the next business day.
If a payment is not made by your due date, you will be subject to additional fees. If a payment is returned because there are insufficient funds on deposit, or your payment is dishonored by your financial institution for any reason, then you will be assessed an NSF fee of $25. If any payment is late by more than two days after the due date, then you will be responsible for an additional $25 late fee.
or email us support@zocaloans.com
Rosebud Lending LZO
PO Box 1147
27565 Research Park Dr.
Mission, SD 57555
Please note: This is an expensive form of borrowing and is not intended to be a long-term financial solution. ZocaLoans loans are designed to assist you in meeting your emergency borrowing needs.
Rosebud Lending LZO is the tribal lending agency of Rosebud Lending, a subsidiary of the Rosebud Economic Development Corporation, an economic development arm and entity of the Rosebud Sioux Tribe, a sovereign nation located within the United States of America and operating within the Tribe’s reservation. Rosebud Lending does business as ZocaLoans.
ZocaLoans does not lend in all states.
For more information CLICK HERE
We currently prohibit lending in Arkansas, Colorado, Georgia, Maine, Maryland, New Hampshire, New Jersey, New York, Pennsylvania, Vermont, West Virginia, South Dakota, Massachusetts, Virginia, Connecticut, Illinois, Minnesota, and the District of Columbia. This may be subject to change.
ZocaLoans does not utilize Equifax, Experian, or TransUnion to perform traditional credit checks as part of our pre-approval process. We do verify applicant information through national databases including, but not limited to, Clarity, Factor Trust, and CLVerify.
** COLLECTION AND USE OF BANK ACCOUNT INFORMATION: If we extend credit to a consumer, we will consider the bank account information provided by the consumer as eligible for us to process payments against. In addition, as part of our information collection process, we may detect additional bank accounts under the ownership of the consumer. We will consider these additional accounts to be part of the application process.
*** For underwriting and verification purposes only. We always obtain prior separate customer authorization when trying to obtain additional consumer bank account information as a potential payment option.
**** The estimated payment(s) may vary slightly based on the date of loan origination. Please refer to the loan agreement for the exact payment amounts and payment schedule.
***** Late payments on loans may result in additional fees or collections activities, or both.