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Statute of Limitations for Personal Loans in Washington [link widoczny dla zalogowanych] Now having said all of these nice things about Spotloan let's review the high cost of getting a $700 loan from this company. The interest rate for a six month turn time on an installment loan (for a new customer) was approximately 115% in total financing fees if the loan is held for the duration of the contract. This is in the same realm as other tribal lenders, however it seemed a little high when compared to Plain Green Loans, which would charge a little more interest than Spotloan, but the loan time frame was for one year.
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