The loans provided by the participating lenders in our network are short term loans,
which are designed to provide cash to you to be repaid within a short amount of
time. These types of loans are not a solution if you are facing long term debt and
credit difficulties, and should not be used on a long-term basis. You should only
borrow an amount that can be repaid on your next pay period date. We are not the
lender and do not have access to the full terms of your loan.
Representative APR Range - No Hassle Cash Avance Loans is not a lender and
does not provide short-term loans but refers consumers to lenders who may provide
such loans. No Hassle Cash Avance Loans 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 vary according to the information supplied by you in your loan request and
your lender. You will be given the APR, loan fees, and other terms by your lender
when you are redirected to your loan agreement in the loan request process.
The Annual Percentage Rate is the rate at which your loan accrues interest. It is
based upon the amount of your loan, cost of the loan, term of the loan, repayment
amounts and timing of payments and payoff. APR. By law, the lender must show you
the APR before you enter into the loan. Many states have laws limiting the APR that
the lender can charge you. APRs vary from 390% to 1960%. Loans from a state which
has no limiting laws, or loans from a bank not governed by state laws may have an
even higher APR.
Each lender has its own criteria and policy when it comes to late payments. This
may include additional fees and interest and may result in reports to the three
major credit reporting bureaus causing your credit score to be lowered. Before you
agree to a loan be sure you read and understand the implications of making late
payments. Also, each state has rules and regulations in place that payday lenders
must follow when assessing fees for late payments.
Implications of Non-Payment, Late Payment or Partial Payment - When you accept
the terms and conditions for a loan offer, you are agreeing to pay back the loan
principal and finance charges in the amount of time shown in the documents supplied
by your lender. Additional fees or charges by your lender may apply in the event
that you are unable to repay your loan in full or if you make a late payment. No
Hassle Cash Avance Loans cannot predict the amount of the fees or charges that you
will incur as a result of non-payment, late payment, or partial payment. No Hassle
Cash Avance Loans has no control of knowledge of the loan details between you and
your lender. Please refer to the late payment, partial payment, and non-payment
policies detailed in the loan documents provided by your lender.
Collection practices - If you do not make the payments on your loan you may
be responsible for additional fees and interest and collection costs as well as
negative credit reporting. Lenders are required by Federal and State law to use
fair practices in their collection actions for a loan that has not been repaid.
You are protected by the Fair Debt Collections Act.
Fees and Interest - If approved for a loan, your lender will present you
with the exact fees and interest rate of your loan prior to your acceptance of the
loan. No Hassle Cash Avance Loans is not a lender and cannot predict the exact fees
and interest of the loan option presented to you. You are under no obligation to
accept the terms presented to you by the lender.
Credit Implications - No Hassle Cash Avance Loans does not make credit decisions
nor does No Hassle Cash Avance Loans conduct a credit inquiry on consumers. Some
lenders on the No Hassle Cash Avance Loans network may conduct a non-traditional
credit check in order to determine your eligibility for a loan. Lenders typically
do not conduct a credit inquiry with the three major credit bureaus: Transunion,
Experian, or Equifax. Ultimately, your credit score may or may not be affected by
the actions of a particular lender. If you do not repay your loan on time your lender
may report this delinquency to one or more credit bureaus, which could have a negative
impact on your credit score.
Renewal Policy - Each participating lender has their own renewal policy.
Some participating lenders will automatically renew your loans or will require your
permission to renew your loan. Some participating lenders will not renew your loan.
It is important for you to understand that extending the repayment period for a
loan may result in additional interest, as well as other fees, which can greatly
increase the total amount you pay back on a loan. Be sure to check if your lender
automatically renews loans or requires your permission to renew the loan. State
laws often govern loan renewal policies. Be sure to know your state's policies in
regard to loan renewal and carefully read the lender's terms before agreeing to
and submitting your e-signature.