1. Acceptance of Terms
By accessing Simple Payday Lending ("the Service"), you agree to these Terms and Conditions in full. If you do not agree, please do not use this service.
2. Nature of Service
Simple Payday Lending is a loan connection service, not a direct lender. We facilitate introductions between consumers and third-party lenders. We do not make credit decisions or issue loan funds directly.
3. Loan Terms & APR
All loan terms, including APRs, fees, and repayment schedules, are determined solely by the lender you choose. APRs for short-term loans typically range from 200% to 800% or higher depending on loan amount, duration, lender, and your state. Always review all terms before accepting any loan offer.
4. Eligibility
You must be at least 18 years of age, a US resident, and have an active bank account to use this service. Not all applicants will qualify for a loan. Availability varies by state.
5. No Guarantee of Loan Approval
Submitting an application does not guarantee a loan offer. Matching with lenders does not constitute an approval or commitment to lend.
6. Referral Compensation
We receive compensation from lenders when borrowers are matched and funded. This does not increase the cost to you or affect lender rates.
7. Responsible Borrowing
We encourage borrowers to borrow only what they can afford to repay. Short-term loans are intended for emergency use and are not a long-term financial solution.
8. Limitation of Liability
Simple Payday Lending is not liable for any actions taken by lenders, including loan denials, collections activity, or credit reporting.
9. Governing Law
These Terms are governed by applicable US laws. Disputes will be resolved through binding arbitration.
10. Contact
Questions: help@simplepaydaylending.com