Lending Policy
Our payday loan services are designed to help you manage short-term financial needs. We believe in providing our services with transparency, fairness, and responsibility.
Eligibility
To be eligible for a payday loan, you must:
- Be at least 18 years of age.
- Have a valid government-issued ID.
- Provide proof of income.
- Have an active bank account.
Loan Terms
- Loan Amount: Our loans range from $200 to $2,500.
- APR (Annual Percentage Rate): Our APRs are competitive and will be clearly communicated before the confirmation of your loan.
- Repayment: Loans are typically due on your next payday. If an extension is needed, please contact us in advance.
- Rollover Policy: We discourage rollovers to protect you from additional fees and encourage responsible borrowing.
- Late Payment: If you are unable to make a payment on time, please contact us immediately to discuss potential solutions.
Fees and Charges
- Interest Rates: Will be detailed in the loan agreement.
- Late Fees: If applicable, will be outlined in the loan agreement.
- No Hidden Fees: We commit to no hidden fees or charges.
Responsible Lending
We are committed to responsible lending and adhere to the following principles:
- Transparency: Clear and understandable terms and conditions.
- Affordability: Loans based on the borrower’s ability to repay.
- Support: Guidance and resources for financial management.
Contact Information
For questions or concerns regarding our lending policy, please contact us at: [email]
Acknowledgement
By accepting a loan from us, you acknowledge that you have read, understood, and agreed to the terms of our lending policy.