Lending Policy
CashFinance LLC is providing you with this information in order to assist you in making prudent choices when lending and borrowing. Remember that we do not provide loans, act as a middleman for loans, or approve credit applications.
Fair Lending:
Every lender must adhere to different federal regulations, such as the Truth in Lending Act (TILA). The TILA mandates that lenders provide specific information about your loan before you agree to the loan terms. Watch for these disclosures and examine them closely.
The Dodd-Frank Wall Street Reform Act requires all lenders to participate in “fair lending,” defined as providing consumers with fair, equitable, and non-discriminatory access to credit. Dodd-Frank also assigns the responsibility of enforcing fair lending regulations to the Consumer Financial Protection Bureau. Customers of CashFinance LLC should report any issues with their cash loans to the agency.
Fair Debt Collection Practices
Lenders and lending partners in our network must adhere to the rules of the Fair Debt Collection Practices Act. The necessary criteria consist of:
Lenders are not allowed to get in touch with consumers by phone before 8 a.m. or after 6 p.m.
Lenders are not allowed to communicate with consumers in a way that is meant to bother, intimidate, or use offensive language.
Lenders are not allowed to use dishonesty or false information to collect debts.
Lenders are not allowed to use legal threats when legal action is prohibited.