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RATES & FEES

Please remember that OKCashLoans.com is not a lender and does not provide lending services directly to consumers. There is absolutely no cost to submit your information through this website.

The Truth in Lending Act requires that the Participating Lender with whom you are matched fully disclose all loan terms, fees and interest rates that you will incur if you accept the loan. Your Participating Lender will provide you a document that gives full disclosure of all fees and rates pertaining to the loan being offered before you are asked to sign the loan documents. Please review the fee and rate information provided to you carefully and completely before agreeing to the terms of the loan. You are under no obligation to accept these terms. If you decide the loan terms given to you are acceptable, the Participating Lender will direct you as to how to sign for your loan. If you decide they are not acceptable, you may exit the process at any time with no penalties or payment of any type.

The loan fees and interest rates that may be presented to you are determined solely by the Participating Lender, with specific amounts determined based upon the information you submitted. OkCashLoans.com has no control over, or responsibility for, setting the amount of fees charged to you or the interest rate provided by the Participating Lender. You are under no obligation to continue with the process if, at any time before signing the loan documents, you find the Participating Lender’s terms unacceptable.

Participating Lender’s Interest Rates

Interest rates charged by the Participating Lender are generally higher than a traditional loan for a similar amount issued by a bank or credit institution. However, bank loan requirements and terms are often much more stringent, and are not available as quickly as a payday or cash advance loan.

Late Payment Policy

Each Participating Lender has their own policies pertaining to late payments. The Participating Lender’s policy, including the additional charges you will incur if your payment is late, will be detailed in the loan documents provided to you by your Participating Lender. Once you have signed the Participating Lender’s loan documents, you will be expected to understand and abide by the loan terms including the additional charges and/or interest if your repayment is late. If you are not able to make timely payments, please contact your Participating Lender as soon as you are aware that the loan payment will be late and work with them to resolve the issue; but remember that additional fees and interest may apply.

Failure to Pay / Non-Payment Policy

The Lender may apply additional fees and charges to your loan in the event that you do not repay your loan. Furthermore, the Lender, in an attempt to collect the loan amount, may bring legal action against you.

Loan Renewal Policy

Loan renewal policies are largely governed by individual State laws. In states where rollovers or extensions are allowed, interest rates and late fees may be added to the original loan amount and that can result in a substantial increase to the amount you will be required to pay back. Again, be sure to read the Participating Lender’s loan terms carefully and completely before signing the initial loan agreement.

 


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THE OPERATOR OF THIS WEB SITE IS NOT A LENDER, does not broker loans to various lenders, and does not make lending decisions on behalf of lenders. This Web Site does not constitute an offer or solicitation to lend. This site will submit the information you provide to a lender who makes short-term cash loans to borrowers who meet its own lending criteria and does not endorse any particular lender or charge you for any service or product. Providing your information on this Web Site does not guarantee that you will be approved for a short term cash loan. No special offer is promoted in this Web Site. This site will only submit the information you provide to a genuine lender. Providing your information on this Web Site does not mean that your short term cash loan is approved or guaranteed. The owner or operator of this site is not an agent, representative or broker of any lender. All lenders may not provide loans up to the maximum amount stated on the web site. The time for cash transfer may vary between lenders and it may depend on your individual financial institution. Faxing may be required in certain circumstances. This service may not be available in all states, and the states serviced by this Web Site may change from time to time and prior notice may not be given. For more information or queries regarding your short term cash loan, please contact your lender directly. These short term loans are designed to provide you with short term financing only and they should not be considered a long term solution. Some residents of some states may not be eligible for a short term cash loan based upon lender requirements.