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Policy on Responsible Lending

At applynows.tripod.com, every lender in our network is required by law to abide by all rules and regulations of State and Federal governments. Please review the following information to learn more about responsible lending practices.

Trust and Truth

applynows.tripod.com's practices and policies have always and will always conform to the regulations which have been set forth by the Fair Lending Laws like the Truth in Lending Act. Prior to a consumer assuming any obligation in order to initiate the lending process they should and will be presented in writing the exact fees, rates, charges and roll over charges in addition to other details about their loan. You can visit our Rates and Fees to find out about the current regulations and laws in your state.

 

Disclosure of Fees Including APR

All payday lenders must adhere to the Truth in Lending Act. Before you commit to any loan, your lender will provide you with information outlining the exact details of your loan terms, including fees and interest rates that will be assessed.

 

Frank-Dodd Wall Street Reform Act

This act requires payday lenders to follow fair lending practices, which are defined as “fair, equitable, and nondiscriminatory access to credit for consumers”. If you feel that your payday lender is not following the rules set forth by this act you can file a complaint with the Consumer Financial Protection Bureau.

 

Fair Lending

According to the Dodd-Frank Wall Street Reform Act every lender which includes payday loan lenders need to engage in what it terms as "fair lending" practices. The Consumer Financial Protection Bureau has been tasked by this act to enforce fair lending rules and regulations.

 

Practices for Fair Debt Collection

We try to work with lenders that follow all the provisions of the stated Fair Debt Collection Practices Act which is enforced currently by the Federal Trade Commission. NoProblemCash.com is not the actual lender. NoProblemCash.com does not collect any debts from consumers. Every lender in our network is required to follow the following Statues which are:

  • Calling consumers on their telephone prior to 8 a.m. or post 9 p.m.
  • Contacting their consumers via telephone with the malicious intent of harassing, or annoying or even using abusive language is prohibited
  • Using misrepresentation and deception for debt collection
  • Threatening with legal recourse even though no legal action is allowed

If a lender is found to be violating any of the above FDCPA statues NoProblemCash.com will not hesitate to stop doing business with that company and file a report with the Federal Trade Commission.

 

Current State Regulations

All lenders in our network are required to act in accordance with all federal laws. Each state also has their own laws that govern payday loans. Please make yourself familiar with the rules and regulations of your state.

Canada Payday Loan
UK Payday Loan
Auto Financing
DUI



Consumer Notice: A payday loan, also known as cash advance is a short-term loan given to the borrower until his or her next payday. Purpose of the payday loan is to provide the borrower a short-term financial relief. Payday loan is not a long-term financial solution. Borrowers who face debt and credit difficulties should seek out professional financial advice. Borrowers are encouraged to review local laws and regulations governing payday loans.

Availability: This service is not available in all states. Please review local laws and regulations for availability in your particular state. The states this website services may change from time to time and without notice. All aspects and transactions on this site will be deemed to have taken place in the state of Nevada, regardless of where you may be accessing this site.

Disclaimer: Payday Loans This website does not constitute an offer or solicitation to lend. applynows.tripod.com is not a lender and does not make loan or credit decisions. applynows.tripod.com provides a matching service only and does not control and is not responsible for the actions or inactions of any lender. applynows.tripod.com is not an agent, representative or broker of any lender and does not endorse or charge you for any service or product.

You are under no obligation to use applynows.tripod.com's service to initiate contact, nor apply for credit or any loan product with any service provider or lender.

Subject to our Privacy Policy, applynows.tripod.com will transfer your information to lenders in our program and other service providers and marketing companies with which we do business. applynows.tripod.com does not guarantee that completing an application form will result in your being matched with a lender, being offered a loan product with satisfactory rates or terms, or receiving a loan from a lender. Payday Loans

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 to include but not limited to Equifax, Transunion, and Experian to determine credit worthiness, credit standing and/or credit capacity. Service providers or lenders will typically not perform credit checks with the three major credit reporting bureaus: Experian, Equifax, or Trans Union. However, credit checks or consumer reports through alternative providers such as Teletrack or DP Bureau, which typically will not affect your credit score, may be obtained by some service providers or lenders, in certain circumstances. By submitting your application and information on this website, you agree to allow any and all participating lenders to verify your information and check your credit.- Payday Loans

Not all lenders can provide your requested loan. Cash transfer times may vary between lenders and may depend on your individual financial institution. Repayment terms vary by lenders and local laws, and not everyone will qualify for 90 day terms. In some circumstances faxing may be required. For details, questions or concerns regarding your cash advance, please contact your lender directly.

You will not be charged any fees to use applynows.tripod.com's service. Learn more about Rates & Fees.

Representative APR 391%

Let's say you want to borrow $100 for two week. Lender can charge you $15 for borrowing $100 for two weeks. You will need to return $115 to the lender at the end of 2 weeks. The cost of the $100 loan is a $15 finance charge and an annual percentage rate of 391 percent. If you decide to roll over the loan for another two weeks, lender can charge you another $15. If you roll-over the loan three times, the finance charge would climb to $60 to borrow the $100.

Implications of Non-Payment:

Some lenders in our network may automatically roll over your existing loan for another two weeks if you don't pay back the loan on time. Fees for renewing the loan range from lender to lender. Most of the time these fees equal the fees you paid to get the initial payday loan. We ask lenders in our network to follow legal and ethical collection practices set by industry associations and government agencies. None payment of a payday loan might negatively effect your credit history.

 
 
 
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