Responsible Lending Policy

Our role is not to directly provide loans or serve as an ambassador for any lender. Rather, our mission is to connect you to reputable lenders based on the details you provide in our online form. We diligently work towards facilitating your access to legitimate lenders who can present loan products that align with your specific needs.

We go to great lengths to confirm the integrity of all the lenders in our network. We assure that they comply with federal, state, and local laws, uphold fair lending standards, and adhere to industry best practices.

The personal loan sphere can be complex, given its diverse and rigorous regulations across various states. To help demystify this, we offer essential information and educational resources about the industry, addressing common queries about personal loans in the U.S. This section offers fundamental insights into the key laws and regulations designed to safeguard consumers from unjust practices. We urge you to peruse this data and consult the How It Works, FAQ, and Rates and Fees pages to enhance your understanding of credit alternatives. This knowledge will empower you to make judicious and informed credit decisions.

Fair Debt Collection Practices Act

We firmly mandate our lenders to comply with the Fair Debt Collection Practices Act. Since we are not lenders, we do not attempt to collect any debts. Nevertheless, our lenders have the right to employ all legitimate methods to collect your outstanding debt if your loan remains unpaid. They are expected to follow the Fair Debt Collection Practices Act guidelines in the process. Actions regarded as violations include:

  • Employing harmful, oppressive, offensive, or harassing language or strategies to collect a debt;
  • Attempting to contact debtors before 9 a.m. or after 8 p.m. in their local time zones;
  • Utilizing deceit, fabricating information, or misrepresenting a company for debt collection; 
  • Threatening criminal charges or any unwarranted legal action.

Any network lender found violating these guidelines will be immediately excluded from our network and reported to law enforcement.

Fair Lending Act

The objective of the Fair Lending Act is to guarantee equitable credit access to all consumers, regardless of their age, race, creed, gender, religion, or any non-financial consideration. It ensures non-discriminatory practices and access to loans and other credit forms for consumers who meet the legal and financial criteria to obtain such credit. If you believe you have experienced discrimination, we encourage you to reach out to the Equal Opportunity and Fair Lending Office at your local Consumer Financial Protection Bureau.

Truth in Lending Act

The Truth in Lending Act mandates that consumers receive comprehensive written information about a credit offer before they assume any responsibility or digitally sign any contract or credit extension. Lenders are obliged to disclose data regarding rates, fees, interest, and loan terms before extending any credit to consumers. Each state has its unique regulations pertaining to online personal lending, and lenders must ensure their offers comply with these rules.

State Regulations

Numerous states have instituted their own guidelines for the online personal lending sector to protect consumers. These state-level regulations may include controls over maximum loan amounts, fees, and interest rates, the number of available rollovers, among other things. General information about specific state regulations can be found in the Rates and Fees section of our website. Here, you'll also find links to government websites providing detailed explanations of personal loan regulations and the latest rate limits for different states.

Get a Loan Today Globally

  • Czech Republic
  • United States
  • Spain

© Copyright 2024 All Rights Reserved.