Filing an online application on our site is absolutely free of charge. CashLoansOnline1.com is not a financial institution that offers cash loans directly to the applicant. Our website is created to match you with one of the direct payday lenders participating in our vast network on the basis of the data you provide in your application.
According to the Truth in Lending Act, interest rates and fees associated with the loan must be disclosed to the borrower. The data referred to any other charges which may be attached to the loan must be also included in the contract. Thus, when you are approved for a cash advance, the lender must inform you of all the interest rates and fees. Besides, most of lending institutions require borrowers to sign an e-signature page so that the customers can see all the terms and elements referred to the loan for which the borrower is matched up with, applied for and approved.
Full Disclosure of the Terms
Upon the application approval, the lender must provide you with the documentation including the data concerning fees and rates referred to the loan. Before agreeing to sign the contract, you have time to evaluate the disclosed terms. If you consider that the disclosed terms are unacceptable for your needs, you are not obliged to accept the agreement. If you want to proceed with accepting the payday loan, use an e-signature thus showing that you agree to the terms and accept them. To protect yourself and your financial interests evaluate all the data closely and carefully and read all of the fine print.
The direct cash advance lender is the sole party determining the loan fees and interest rates. These charges depend on the data you provide in the application. It is up to you to choose the lending institution and offered loan terms. CashLoanOnline1.com doesn’t control rates and fees provided by the participating lenders.
Our website is just a matching system that was set up for consumers to find fast cash loans online.Policies for Non-Payment
If you have no ability to pay off your loan in accordance with the repayment terms which were outlined in the original loan contract or just can’t repay the taken cash loan at all, additional fees will be tacked on to your charges.
CashLoansOnline1.com does its best to work only with the credible agencies for the customers to deal only with the reputable payday lenders. Bear in mind that whoever your lender is you can become a subject to collection efforts in case your account isn’t kept current. This is conducted in a fair and reasonable manner.
Policies for Late Payments
Different lenders have various policies regarding late payments. It is more likely that late payments will result in late fees or higher interest rates for the remainder of the repayment period. Make sure that you have carefully read the data regarding the late payments included in the documents referred to the cash loan that has been made for you by the lending company. Providing an e-signature you are becoming the subject to the policies regarding late payments.
There are specific rules regulating late payments which vary from state to state and every lender must follow them.The owner of this website is not a direct cash loan lender. This site doesn’t belong to any type of financial institution. The manager of the site secures short-term cash advances from one of the lenders taking part in the online network.
The customer information is collected via the website in order to be stored during the period of online application processing. Employment and financial info are instantly removed from the website’s system once the customer’s application is approved by one of the participating lenders. If the request is accepted it doesn’t mean that it is approved.
Online cash loans are secured through this website with no cost. People who provided their information on the website may occasionally get offers referred to financial products and services that are usually sent in a form of e-mails. To prevent further contacts, opt out of such e-mails. The owner of the site performs this disclaimer in order to inform consumers that he isn’t a direct lender. It’s a matching service that is presented on the website. Information given by the customers via application is electronically sent to the lenders via secure connection.
The site use constitutes your agreement with the policies which may be changes by the owner at anytime, with no prior notice. The owner of this site along with participating lenders comply with the rules associated with the payday lending practices, consequently, the service might not be available for the residents of some states.