Effective Date: August 26, 2016
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Even Imperfect Credit Is Welcomed to Try
This Site is an online marketplace that acts as a bridge between the companies that are involved in the business of distributing loans and users like You who are looking to borrow money.
Don’t use the Site or Company’s services if you don’t accept these terms.
The Company is not a broker, lender or financial institution, and hence, has no role in lending or making credit decisions. The Company does not lend money to anyone nor is involved in any direct financial transaction with You. Rather, the Company acts as a bridge that connects You with a network of independent third-party loan providers (hereinafter referred to as “Financial Service Providers”). When You register with the Company, You can be simply connected with the Financial Service Providers who offer short term loans anywhere between $100 to $1,000 (depending on the regulations in Your state regarding loan caps and individual terms offered by lenders) and online personal loans between $100 and $3,000. The choice of approving an applicant offering lending options as well as the amount depend on the Financial Service Provider, and the Company has no role in it whatsoever. Also, not all Financial Service Providers may offer short term loans up to $1,000 or online personal loans up to $3,000 due to their lower financial capacities or other reasons that the Company has no control over. The Company does not make any offers or promises in this regard.
The Company gets its revenue from the advertising given by the Financial Services Provider. However, this does not mean that the Company patronizes the services of any Financial Service Provider. Moreover, the loan conditions offered by the Financial Service Providers who are listed on this Site may not always suit Your requirements. If you are unsure about any aspect of the loan given by the Financial Service Provider, you may consult a professional before making Your decision. The Company takes no responsibility towards the offer made by the Financial Service Providers, and there is no involvement of the Company whatsoever in these decisions. Furthermore, the Company has no role in determining how a Financial Service Provider may use the information given by You.
By providing your personal details such as Your Social Security number and date of birth, you are authorizing the Financial Service Providers to use this information to do credit checks or background checks, as required by the operations and policies of each Financial Service Provider. The Company does not do these background or credit checks, and is in no way responsible for the outcome of these checks. Mind that some credit checks may influence your credit score.
The Company does not guarantee the availability of any loan product or service of any Financial Service Provider. The Company runs the Site and is not responsible for the information advertised by any Financial Service Provider. Nor do we guarantee that any product or service is ideal for You and that You will be approved for a credit or get a loan offer of the amount that suits your request. The Company simply provides the connection with Financial Service Providers showing the information You submit in our online form without verifying the availability or details of any product or service offered by these Financial Service Providers.
If the loan offered by any Financial Service Provider connects with Your need, then You can enter into a formal agreement with that Financial Service Provider. This agreement including its terms and conditions have nothing to do with the Company. In other words, the Financial Service Provider drafts the agreement, so it is Your responsibility to go through the details and understand it before signing the agreement. The Company has nothing whatsoever to do with the agreement or the terms of any particular credit offer. If You have any questions or doubts regarding the agreement or any other aspect of the loan, You are requested to contact the Financial Service Provider directly to clarify your questions.
The ownership, content, logo, information and anything else displayed on this Site belong to the Company and are governed by the Intellectual Property laws in the United States. When You use this Site, you do not get ownership to anything present on the Site. Any reproduction, duplication, resale, copying or other exploitation of the content, arrangement, organization, and design is considered illegal, and hence such actions are strictly prohibited.
Disclaimer of Warranties
Limitation of Liability
The company is not responsible for any direct, indirect, consequential, incidental or any other form of loss or damage that you may be subject to due to the use of the site and the services provided by third-party financial service providers who have listed themselves as loan providers on this site. the total liability of the company in the case of any loss or damage to you is limited to the extent of money you have paid to access or use this site.
Some jurisdictions do not recognize or allow the exclusion of certain specific warranties such as incidental or consequential damages, and in such cases, the company will adjust our liability to the maximum extent permitted by law.
Limitation of Liability
When you submit your information on this Site, you are granting access to the Company, Financial Service Providers and other third-party partners to contact You through a range of media such as email, telephone or by mail address. If You do not wish to receive such information, then You have to remove Your details through the Company’s opt-out mechanism.
Third Party and Third Party Websites
The Site may contain information about the services offered by third-party partners and a possible link to their websites. Company does not guarantee the accuracy of information on these websites and does not endorse them in any way. These are present only for Your information, and You access these websites at Your own risk. The Company is not liable for any damages or losses You may incur due to the access of these websites or the services of these third-party partners. Any communication that You may have with such third-party companies, including Financial Services Providers, are at Your own risk and the Company is not responsible in any way for such communication or the consequences thereof.
Electronic Communication, Notifications and Electronically Delivered Information
The Company, Financial Service Providers and third-party companies associated with the Site may choose to use the electronic medium for communication. Such communication may include request for additional materials, notices, providing information, marketing materials sending state laws, Federal laws or any other document pertinent to the service being offered by such companies. This communication can come from the Company, Financial Service Provider or any third-party partners of the Company.
By continuing to use this service, you agree to receive such current and future communications electronically. These electronic communications will be sent to the email address provided by you at the time of submitting Your information or an alternate email address that the Company may obtain through a Financial Service Provider or third-party. You agree that technically you are able to receive and save documents and communication electronically from the Company, Financial Service Provider and third-party companies. You also have the right to receive all communication through non-electronic channels. To do so, withdraw Your consent to receive documents electronically by emailing to firstname.lastname@example.org.
Any dispute that may arise due to Your use of the Site or the Company’s services are subject to the provisions and laws of the state which licenses or authorizes the service upon which the complaint is made, regardless of any other choice of law or conflicts between local laws and provisions. If you encounter any such dispute, you are requested to formally submit Your complaint or dispute for arbitration to the corresponding association or institution authorized to resolve such cases in accordance with state and federal rules and regulations that are valid at the time of submission of Your dispute.
Any dispute that arises between you and the company will be resolved only through arbitration. by agreeing to this term, you explicitly give up your rights to represent yourself individually or through legal counsel in front of any judge or court. also, you agree to waive your right to class action suits when you continue to use this site.
The products or services offered on the Site cannot be exported or downloaded in the following countries or by the residents of these countries:
- North Korea
- and any other country that US has embargoed goods and services
These services may not be distributed or used by the individuals who belong to the United States Treasury Department’s list of Specially Designated Individuals or US Commerce Department’s Table of Denial Orders. By using the services of the Company, You declare that You do not violate these export restrictions. By using the services of the Company you warrant you don’t belong to any of the stated lists.
The Site and related services are provided by LoanSolo.com. If you have a request, complaint or enquiry regarding the services rendered by the Site, please, contact us via email@example.com. In case you consider your issue treated improperly, you can also contact the corresponding organizations in your state of residence authorized to review or resolve the cases of the kind.
Representative APR Range
plnearme.com is not a lender and does not provide short term or online personal loans but refers consumers to the lenders who may provide such loans. LoanSolo.com is unable to supply you with an exact APR (Annual Percentage Rate) that you will be charged if you are approved for a loan. APRs depend on multiple factors, including the lender’s requirements and offers, your credit worthiness, your state of residence, and the type and term of the loan you request. You will be given the details on the APR, loan fees, and other terms by your lender when you are redirected to your loan agreement during the loan request process.
The APR on a short term loan can range from 200% to 2,290% depending on how the APR is calculated (nominal vs. effective), the duration of the loan, loan fees incurred, late payment fees, non-payment fees, loan renewal actions, and other factors. Keep in mind that the APR range is not your finance charge and your finance charge will be disclosed later on. See a Representative Example
The APR on online personal loans can reach up to 1,386% depending on the lender’s terms, borrower’s residence state, the duration of the loan, loan fees incurred, late payment fees, non-payment fees, loan extension plan, and other factors. Some states cap APR and the amounts of charges for online personal loan.
Implications of Late Payment
You are encouraged to contact your lender as soon as possible if you are unable to repay your loan on the scheduled repayment date or make regular installment payment on time. Your lender may set late payment fees in accordance with state regulations, and your lender has several courses of action to deal with late payment. For more information about your lender’s specific procedures as they apply to late payments, please review your loan agreement or contact your lender directly. Origination, documentation and other additional fees may apply to your online personal loan deal. Late payment, non-payment fees and other penalties may apply to both short term and online personal loan deals in case of missed payments. Please review your loan agreement carefully for information about the financial implications before you provide your electronic signature.
Implications of Non-Payment
The costs associated with loans of up to $500 can range from 15% to 40% of the entire loan amount, and the charges associated with loans of more than $500 can be even more. Your lender may also charge you late fees as well as fees for non-sufficient funds. As an example, your lender may charge you a $20 nonsufficient funds fee as well as 15% of the loan balance as a late fee. Please review your loan agreement carefully for information about the financial implications of non-payment before you provide your electronic signature.
Non-payment may involve debt collection practices as it is set by applicable law. The majority of the lenders in our network do not intend to sell your debt to outside collection agencies. Instead, they will attempt to collect the debt in-house via telephone, email, postal mail or even text message. Similarly, they will not threaten criminal charges or sue borrowers; they will generally offer debt settlements over time instead. Every lender in our network is required to adhere to the Fair Debt Collection Practices Act, which protects consumers from being abused or harassed by debt collectors.
Lenders are within their rights to report your failure to repay a loan to one or all of the major credit reporting agencies — Experian, Equifax and Transunion. This negative record can be reflected on your credit history indefinitely until the loan is repaid in full. After the lenders receive payment in full, they can report it to the credit reporting agencies. We remind that late payment or non-payment of your loan can have negative impact on your credit history.
Some of the lenders in our network may automatically renew your short term loan if it becomes past due. This term is clearly identified in your loan agreement. You should check your loan agreement for your lender’s policy on automatic loan renewal prior to e-signing it. If your loan is renewed, there will be additional charges as determined by your lender, and the minimum term can be set up. Your lender may offer you other options in addition to renewal, including the ability to repay your loan in full at a later date or repay your loan over time in a series of installments.
Credit Check: Participating lenders may verify your social security number, driver license number, national id, or any other state or federal identifications and review your information against national databases, including but not limited to Equifax, TransUnion, and Experian, to determine your credit worthiness, credit standing and/or credit capacity. By submitting your information via our online form on this website, you agree to allow any and all participating lenders to verify your information and check your credit.
Not all the lenders in our network can provide up to $1,000 in payday loans and $3,000 in online personal loans. The limits and regulations vary from state to state. Cash transfer times and terms may vary from lender to lender.
Consumer Notice: We remind that payday loans and online personal loans for small dollar amounts are not a long term financial solution. These credit options imply relatively high interest rates and become a very costly solution if used improperly. Consumers that seek funds for longer terms or debt relief should consult credit advisor prior to making credit decisions of taking a short term or an online personal loan for small dollar amount.