Loan | Fermalife

In May 2018, we launched our first emergency loan assistance offering a helping hand to our community of followers on Twitter. If you are a U.S. Veteran or parents/spouse/children of the Fallen Heroes who served in the U.S. and are following us on Twitter, you are qualified to apply for our 100% Interest Free Loan. Then two months later, we have expanded to offer our emergency loan assistance to include single parents with a minor under the age of 18 whom resided in the Mountain Time Zone and some additional states. In April 2020, we expanded to include the state of Iowa. Then, in October 2020, due to the devastating wildfires 🔥🚒 , we also included Firefighters to the loan assistance program. In addition, we also expanded to the state of Oklahoma! In 2021, we included Registered Nurses (RNs) to be eligible due to their sacrifices and commitment during the past year.

Current Eligible States: Alaska, Arizona, Colorado, Hawaii, Idaho, Iowa, Kansas, Montana, Nebraska, New Mexico, North Dakota, Oklahoma, South Dakota, Utah and Wyoming.

We understand that there comes a time when you need a little help to get back on your feet or a time when you find yourself in an emergency situation where cash is needed quickly, but do not have the appropriate cash flow to remediate the situation. We are here to offer you a helping hand. This is our way to give back as a token of appreciation for those who fought for our freedom, the firefighters fighting the wildfires and to those who are strong and brave enough to take on both mother and father roles as a single parent.

🙏 If you need our loan assistance at anytime for an emergency, send us a DM or click here.

––––––––––––– Frequently Asked Questions (FAQs)–––––––––––––

1) How long is the term repayment & is there a minimum monthly payment?

The term repayment is 5 years. As long as the borrower pay off the loan by the end of the
5 year term, the borrower can repay the loan in any amount at any time.

2) Is there an incentive to pay off the loan sooner?

Yes, we offer a discount on the loan amount if you can pay off the loan sooner with the following incentives:

1) Pay off the entire loan within 3 years of the loan expiration date — We give a 20% discount of the loan amount.

If you borrow the full amount of $500, you just need to pay us $400.
2) Pay off the entire loan within 2 years of the loan expiration date — We give a 10% discount of the loan amount.

If you borrow the full amount of $500, you just need to pay us $450.
3) Pay off the entire loan within 1 year of the loan expiration date — We give a 5% discount of the loan amount.

If you borrow the full amount of $500, you just need to pay us $475.

–––––––––––––––––––– Current Borrowers––––––––––––––––––––

#13) @JoLynRae Start Date: Jan 6th, 2022 Due Date: Jan 6th, 2027

Discount Payoff Period:

Pay between Jan 6, 2022 to Jan 5, 2024, you will only need to pay us $400 at 20% discount!
Pay between Jan 6, 2024 to Jan 5, 2025, you will only need to pay us $450 at 10% discount!
Pay between Jan 6, 2025 to Jan 5, 2026, you will only need to pay us $475 at 5% discount!
Pay between Jan 6, 2026 to Jan 6, 2027, no discount.

#12) @Shalyn_Lewis Start Date: Dec 6th, 2021 Due Date: Dec 6th, 2026

Discount Payoff Period:

Pay between Dec 6, 2021 to Dec 5, 2023, you will only need to pay us $400 at 20% discount!
Pay between Dec 6, 2023 to Dec 5, 2024, you will only need to pay us $450 at 10% discount!
Pay between Dec 6, 2024 to Dec 5, 2025, you will only need to pay us $475 at 5% discount!
Pay between Dec 6, 2025 to Dec 6, 2026, no discount.

#11) @*e******a***7 Start Date: Dec 3rd, 2021 Due Date: Dec 3rd, 2026

Discount Payoff Period:

Pay between Nov 16, 2021 to Nov 16, 2023, you will only need to pay us $400 at 20% discount!
Pay between Nov 17, 2023 to Nov 16, 2024, you will only need to pay us $450 at 10% discount!
Pay between Nov 17, 2024 to Nov 16, 2025, you will only need to pay us $475 at 5% discount!
Pay between Nov 17, 2025 to Nov 16, 2026, no discount.

#9) @*e**1*0 Start Date: June 22nd, 2021 Due Date: June 22nd, 2026

Discount Payoff Period:

Pay between June 23, 2023 to June 22, 2024, you will only need to pay us $450 at 10% discount!
Pay between June 23, 2024 to June 22, 2025, you will only need to pay us $475 at 5% discount!
Pay between June 23, 2025 to June 22, 2026, no discount.

#7) @McK3lly Start Date: Oct 14th, 2020 Due Date: Oct 14th, 2025

Discount Payoff Period:

Pay between Oct 15, 2022 to Oct 14, 2023, you will only need to pay us $450 at 10% discount!
Pay between Oct 15, 2023 to Oct 14, 2024, you will only need to pay us $475 at 5% discount!
Pay between Oct 15, 2024 to Oct 14, 2025, no discount.

#6) @FirstLa72689163 Start Date: Nov 19th, 2019 Due Date: Nov 19th, 2024

Discount Payoff Period:

Pay between Nov 20, 2022 to Nov 19, 2023, you will only need to pay us $475 at 5% discount!
Pay between Nov 20, 2023 to Nov 19, 2024, no discount.

#5) @*O****Y***_ Start Date: Oct 25th, 2019 Due Date: Oct 25th, 2024

Discount Payoff Period:

Pay between Oct 26, 2022 to Oct 25, 2023, you will only need to pay us $475 at 5% discount!
Pay between Oct 26, 2023 to Oct 25, 2024, no discount.

#4) @*e***s***8 Start Date: Oct 25th, 2019 Due Date: Oct 25th, 2024

Discount Payoff Period:

Pay between Oct 26, 2022 to Oct 25, 2023, you will only need to pay us $475 at 5% discount!
Pay between Oct 26, 2023 to Oct 25, 2024, no discount.

#3) @mykidsloveme2 Start Date: Nov 2nd, 2018 Due Date: Nov 2nd, 2023

Discount Payoff Period:

Pay between Jan 1, 2023 to Nov 2, 2023, no discount.

#2) @jesssprano Start Date: July 17, 2018 Due Date: July 17th, 2023

Discount Payoff Period:

Pay between October 23, 2022 to Dec. 31, 2022, you will only need to pay us $475 at 5% discount!
Pay between Jan 1, 2023 to July 17, 2023, no discount.

#1) @JamieJamiemay / (new username: @winbigwinbasbas) Start Date: July 11, 2018 Due Date: July 11th, 2023

Discount Payoff Period:

Pay between October 23, 2022 to Dec. 31, 2022, you will only need to pay us $475 at 5% discount!
Pay between Jan 1, 2023 to July 11, 2023, no discount.