Consent for Electronic Signatures,
Records, Disclosures, Communication
It is important that you read and understand
the information herein prior to submitting any information on the website or starting
do business electronically.
By giving your consent on the terms stated on the website
and submitting your information via our online
form, you agree that you have read this notice and understand how you can
conduct transactions, communicate electronically and use the service on the
website, request to be matched with a lender and further cooperate with loan
providers online. Once you are matched with a lender, you will need to give
your consent (e-consent) to use e-signatures, accept electronic recording,
disclosures and e-communication in order to be provided with the services and
products you have expressed your interest in.
Hard Copies
You can request disclosures and other legal notices to be
printed for the records at no charge.
This request should be sent directly to the concerning lender (entities can keep
hard copy legal documents according to the terms and provisions of the applicable
law).
The Scopes of Consent
All communications, including but not limited to
online interactions via mobile phone, smart phone,
tablets are considered electronic interaction. E-consent is applied when
e-communication, including by the means stated above, takes place between you
and a third party lender. The admission of e-consent implies that your
information may be collected and processed electronically, transactions may be performed
electronically, and documents may be signed and stored electronically.
Additionally, your lender may send you electronic notifications, such as
reports, disclosures, links to the other third party websites, links to the other
lender's websites and online services.
Giving your e-consent you confirm that the
e-communication mentioned above is considered of the same
legal value as the communication by means of hard copy documentation.
NB: Conducting business electronically implies that the parties involved are
capable of going through processing with sufficient hardware and software
facilities. Before deciding to give your e-consent you should check if your
facilities fit the requirements for the transactions and operations you will
need to perform electronically. These are the basic software and hardware
requirements:
Software and hardware: A PC or MAC compatible computer or other
device capable of accessing the Internet, e-mail account, Internet Browser
software program that supports at least 128 bit encryption, such as Microsoft®
Internet Explorer, Netscape® or Mozilla Firefox®, PDF file reader like Adobe®
Acrobat Reader X ® or Foxit® etc. Take into consideration that different
transactions may require additional facilities. You may need to contact you
lender to get specifications on the facilities you may need.
Withdrawing Consent
Since your e-consent from our matching service
and the processing of your information by our lenders
is a one-time transaction, you cannot withdraw it. From the moment you are
already matched with a third-party lender you can withdraw your consent from
this lender at any time at no charge by sending the respective request. You
should keep in mind that withdrawing your e-consent you can prevent the lender
from providing you with a loan offer or credit product. You should also keep in
mind that the legal effectiveness, validity, and enforceability of prior
electronic disclosures will not be affected in case you request to withdraw
your e-consent. You can contact your lender directly to find out more about the
details of these procedures. It's encouraged that if you change your
information (electronic address, mailing address) you should notify your lender
as soon as possible to have your information updated.
Personal Loan Disclaimer
A personal loan is a medium term loan with a fixed interest rate that is repaid in equal monthly payments and it's usually limited to 24 months. Loan offers and eligibility depend on your individual credit profile. Our lenders can help you obtain as much as $5,000 depending on the lender, your state and your financial situation.
The owner and operator of this website is not a lender and is not involved into making credit decisions associated with lending or making loan offers. Instead, the website is designed only for a matching service, which enables the users contact with the lenders and third parties. The website does not charge any fees for its service, nor does it oblige any user to initiate contact with any of the lenders or third parties or accept any loan product or service offered by the lenders.
All the data concerning personal loan products and the industry is presented on the website for information purposes only. This website does not endorse any particular lender, nor does it represent or is responsible for the actions or in actions of the lenders. This website does not collect, store or has access to the information regarding the fees and charges associated with the contacting lenders and/or any loan products. Online personal loans are not available in all the states. Not all the lenders in the network can provide the loans up to $5,000.
This website cannot guarantee that the user of the website will be approved by any lender or for any loan product, will be matched with a lender, or if matched, will receive a personal loan offer on the terms requested in the online form. The lenders may need to perform credit check via one or more credit bureaus, including but not limited to major credit bureaus in order to determine credit reliability and the scopes of credit products to offer. The lenders in the network may need to perform additional verification's, including but not limited to social security number, driver license number, national ID or other identification documents.
The terms and scopes of loan products vary from lender to lender and can depend on numerous factors, including but not limited to the state of residence and credit standing of the applicant, as well as the terms determined by each lender individually.
APR Representative
APR (Annual Percentage Rate) is the loan rate calculated for the annual term. Since this website is not a lender and has no information regarding the terms and other details of personal loan products offered by lenders individually, this website cannot provide the exact APR charged for any loan product offered by the lenders.
The APRs greatly vary from lender to lender, state to state and depend on numerous factors, including but not limited to the credit standing of an applicant. Additional charges associated with the loan offer, including but not limited to origination fees, late payment, non-payment charges and penalties, as well as non-financial actions, such as late payment reporting and debt collection actions, may be applied by the lenders.
These financial and non-financial actions have nothing to do with this website, and this website has no information regaining whatsoever actions may be taken by the lenders. All the financial and non-financial charges and actions are to be disclosed in any particular loan agreement in a clear and transparent manner. The APR is calculated as the annual charge and is not a financial charge for a personal loan product.
Late Payment Implications
It is highly recommended to contact the lender if late payment is expected or considered possible. In this case, late payment fees and charges may be implied. Federal and state regulations are determined for the cases of late payment and may vary from case to case. All the details concerning the procedures and costs associated with late payment are disclosed in loan agreement and should be reviewed prior to signing any related document.
Non-payment Implications
Financial and non-financial penalties may be implied in cases of non-payment or missed payment. Fees and other financial charges for late payment are to be disclosed in loan agreement. Additional actions related to non-payment, such as renewals, may be implied upon given consent. The terms of renewal are to be disclosed in each loan agreement individually. Additional charges and fees associated with renewal may be applied.
Debt collection practices and other related procedures may be performed. All the actions related to these practices are adjusted to Fair Debt Collection Practices Act regulations and other applicable federal and state laws in order to protect consumers from unfair lending and negative borrowing experience. The majority of lenders do not refer to outside collection agencies and attempt to collect the debt via in-house means.
Non-payment and late payment may have negative impact on the borrowers' credit standing and downgrade their credit scores, as the lenders may report delinquency to credit bureaus, including but not limited to Equifax, Transunion, and Experian. In this case the results of non-payment and late payment may be recorded and remain in credit reports for the determined amount of time.