Arduous cash lenders charge month-to-month interest on loans. SwiftMoney loans are disbursed within 10 minutes as soon as a mortgage application is authorized. On a larger scale have a look at a $300,000 mortgage over 15 years at 5%. The repayments are $2372. This offers you even more accountability to pay off your loan, as any late or missed funds have an effect on your and the cosigner's credit standing.