Rates & Fees

Using Spruceniva is always free. Spruceniva is not a lender and does not set or collect any interest, rate or fee — those are set entirely by the lender you're matched with, and they're required to disclose them to you in full before you accept anything.

Full Disclosure of Terms

The Truth in Lending Act requires full disclosure of all loan fees and interest rates before you accept a loan. Most lenders will direct you to an e-signature page to complete the process once you accept — take the time to read the agreement fully before signing.

Late Payment & Non-Payment

Lenders may have different policies regarding late or missed payments, and additional fees may apply. Review your specific loan agreement's late-payment and collections terms before signing, and check your state's rules, since these vary significantly by state.

Renewals and Rollovers

Where rollovers are permitted by state law, additional interest and fees can add up quickly — these should generally be avoided where possible. Review your lender's specific renewal terms, and your state's rules on rollovers, before agreeing to renew a loan.

This page is for general informational purposes only, is not legal advice, and may not reflect the most current rules in every state. If you have a specific question, ask your lender directly or consult a licensed advisor.

Contact Information

Company name: Spruceniva (doing business as Spruceniva). Email: [email protected]. Mailing address: 3315 Spenard Rd, Anchorage, AK 99503.