Loan Till Payday Online

Business Description for Loan Till Payday Online

Located at 25 N Hamilton St, Poughkeepsie, NY 12601, United States, Loan Till Payday Online is a finance-focused local business dedicated to connecting individuals with financial service providers who may be able to assist with urgent financial needs. The services offered by Loan Till Payday Online are administrative in nature, often referred to as "lead generation," and are provided at no cost to consumers.

Key Services and Features:

- Connection to Financial Providers: Loan Till Payday Online acts as a bridge between consumers and a network of financial service providers. The business itself does not act as a lender, nor does it engage in loan applications, credit decisions, or any other lender-related activities.

- Site Visit Recordation Technology: By using the website, consumers consent to the use of technology that records site visits, including third-party services like Jornaya’s LeadiD, to ensure a secure and transparent process.

- Credit Checks and Information Sharing: By submitting information through the website, consumers authorize the business and its network of lenders to perform credit checks and share relevant credit history. This process may involve major credit bureaus such as Experian, Equifax, and TransUnion, as well as alternative bureaus like Clarity and DataX.

- Loan Offers and APR Details: The lenders connected through this platform offer loans with an Annual Percentage Rate (APR) of up to 35.99%. All loan offers are subject to the lender's approval based on their unique underwriting criteria.

- Tribal Lending Enterprises (TLEs): In some instances, consumers may be connected to Tribal Lending Enterprises, which are subject to tribal and certain federal laws but are immune from state law, including usury caps. TLEs may have higher rates and fees, and may require dispute resolution in a tribal jurisdiction.

Important Consumer Information:

- Professional Financial Advice: Consumers facing serious financial difficulties are encouraged to consider other alternatives or seek professional financial advice.

- Lender Disclosures: All lenders are required by law to provide clear documentation of loan terms, fees, and rates, including any potential fees for late payments and terms for refinancing or renewing loans.

- Loan Terms Example: A sample loan of $4,300 with an APR of 35.99% would result in 30 monthly payments of $219.36, totaling $6,581.78 payable over the loan term.

Loan Till Payday Online is committed to facilitating connections between consumers and financial service providers, ensuring transparency, and adhering to legal requirements to provide a reliable service for those in need of financial assistance.