Pigeon Loans allows for a wide range of loan configurations, with flexible bounds for loan details such as principal amount, term length, and interest rate.
For any loan made on our platform, we allow for:
- Minimum Principal Amount: $1 USD
Maximum Principal Amount: $250,000 USD
- Minimum Term Length: 1 Month
Maximum Term Length: 84 Months
- Minimum Interest Rate: 0%
Maximum Interest Rate: 99%
For tips on selecting the right interest rate and avoiding potential usury troubles, read our blog post.