Responsible Lending Policy
We do our best to treat all consumers consistently and fairly and in compliance with fair lending laws. We want our clients to be protected from malicious personal consumer lenders and other unsavory businesses that engage in unlawful and unethical lending practices. And we’re dedicated to providing superior service to our clients through teamwork and commitment to action.
Trust and Truth
Fair treatment of all clients is our primary focus as we identify ways to continue to meet our commitment to fair lending. All of our practices and policies are complaint with Truth in Lending Act (TILA). Before a consumer enters into a loan agreement, the lender should provide him/her with the exact fees, rates, charges and other details.
The Dodd-Frank Wall Street Reform Act states that all lenders must engage in "fair lending" practices. The Consumer Financial Protection Bureau enforces fair lending rules and regulations.
We work hard to protect consumers from unfair and illegal practices in the installment loan industry. We make sure that all of our customers are well informed about the process of borrowing money. We encourage lenders to follow federal and state regulations. This includes conformity with local laws regarding interest rates, maximum loan terms, rollover limits, fees, cooling-off periods in between loans, and other loan terms. And we ensure that each lender in our network is reputable and follows responsible lending practices.