Federal Law

Truth In Lending Act

Truth in Lending Act: United States federal law aimed at promoting the informed use of consumer credit, requiring standardized terms and cost disclosure and other regulations that emphasize consumer rights.

• We disclose Annual Percentage Rates.
• We process credit payments properly.
• You can access your account and loan documents anytime online or by calling 1-877-596-1337.

Electronic Fund Transfer Act (EFTA)

United States federal law that established the rights and liabilities of consumers and the responsibilities of the all parties in electronic funds transfer activities.

• We do not make electronic loan repayment mandatory.
• You can choose from multiple payment options including debit card and electronic check.

Fair Debit Collection Practices Act (FDCPA)

United States federal law with the goal of eliminating abusive debt collection. The Act created guidelines for debt collectors and specifies the rights of consumers.

• We never use a fictitious name to collect delinquent loans.
• We limit use of third parties to collect on our behalf.

Fair Credit Reporting Act (FCRA)

• Our compliance team reviews and matches every record before reporting back loan performance data to bureaus.
• We do not use consumer reports for impermissible purposes.
• We disclose our use of consumer and credit reports to our consumers including limited use of tradeline and masked banking data aggregated on credit reports to make loan underwriting decisions.

Gramm-Leach-Bliley Act (GLBA)

United States federal law that includes the Financial Privacy Rule governing the collection and disclosure of consumers’ personal financial information and the Safeguards Rule requiring all financial institutions maintain safeguards to protect consumer information.

• We do not share a customer's non-public personal information with third parties.
• Our privacy policy is clearly displayed on our website.

Equal Credit Opportunity Act

United States federal law that makes it unlawful for any creditor to discriminate against any applicant, with respect to any aspect of a credit transaction, on the basis of race, color, religion, national origin, sex, marital status, or age (provided the applicant has the capacity to contract); to the fact that all or part of the applicant’s income derives from a public assistance program; or to the fact that the applicant has in good faith exercised any right under the Consumer Credit Protection Act.

• We do not take into account race, color, religion, national origin, sex, marital status, or age (provided the applicant has the capacity to enter into a binding contract) into our underwriting decision.
• Our credit decisions are not impacted by whether or not a customer has exercised any right under the Consumer Credit Protection Act.

Military Lending Act

United States federal law that limits the way short term loans, vehicle title loans and refund anticipation loans can be offered to military personnel and their families.

Fair and Accurate Credit Transactions Act of 2003

United States federal law requiring the secure disposal of consumer information. Additionally, it allows consumers to request and obtain a free credit report once every 12 month and includes other provisions to protect against identity theft.

Federal Trade Commission Act (FTCA)

United States federal law whose principal mission is the promotion of consumer protection and the elimination and prevention of what regulators perceive to be anti-competitive business practices.