Instant loans at CS&L are convenient and easy to obtain. These loans may be requested for any amount between $2.00 and $10.00.

  • Only one instant loan can be open at any one time.
  • No parent permission is required, however, parents may request that their child be added to the “Denied Instant Loan List” that is maintained at CS&L.
  • A loan of $2.00-$5.00 will be charged a service fee of $.25 and must be repaid within two banking days.
  • A loan of $5.01-$10.00 will be charged a service fee of $.50 and must be repaid within two banking days.
  • The following are your payment dates. A loan taken out on:
    • Monday is due Thursday
    • Tuesday is due Friday
    • Thursday is due Monday
    • Friday is due Tuesday
  • If your loan payment is late, you will be charged a service fee of $0.25 per banking day with a maximum late charge of $2.00. If you reach $2.00 in late fees,  you will be denied an Instant Loan for the remainder of the school year. 
  • If you have an unpaid loan, your report card, including reports on Schoology, will be held/blocked until payment is received.