Tired of running in circles—taking one payday loan just to pay off another?
Break free from the Payday Lending Cycle with a Payday Freedom Loan.
For every loan, 5% is automatically placed in a savings account¹—helping you break free from the payday loan cycle!
It's Quick:
Get your money in minutes with no hassles.
Borrow $200 - $800² (up to 100% of your direct deposit).
It's a Better Choice:
Other payday lenders charge fees that are as high as 350.00% APR or more! But the Payday Freedom Loan is only 18.00% APR—saving you up to thousands a year!
No fees, no prepayment penalties.
Other payday lenders tell you to use short term credit responsibly—but Watermark gives you a path to freedom!
¹ For each advance, 5% will be placed in a required, restricted Payday Freedom Savings account, which does not allow withdrawals for 20 months from the date of your first loan. A minimum balance of $25.00 is required to earn dividends on this savings account.
² Subject to credit approval. Loan available only to Prime account holders. Loans available in $50.00 increments. Loan requires direct deposit, and may not exceed the amount of your direct deposit. Loan balance plus accrued interest must be repaid via automatic funds transfer from a Watermark deposit account on your next pay date.