Those agencies that we refer to may verify your social security number, driver's license number, national ID, or any other state or federal identification and review your information against national databases to include but not limited to Equifax, Transunion, Experian, Teletrack or DP Bureau to determine credit worthiness, credit standing and/or credit capacity. If they do, please know that this may lower your credit score. Some of our referral sources will not perform credit checks with the three major credit reporting bureaus. Credit checks or consumer reports through alternative providers such as Teletrack or DP Bureau, typically will not affect your credit score. By providing us with your information and seeking a referral, you agree to allow our referral source to verify your information and check your credit as described in their policies and terms.

Each of our referral sources including our direct referral to a lender has their own renewal policy. Some will automatically renew your loans or will require your permission to renew your loan. Some 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 the lender you accept for the loan automatically renews loans or requires your permission to renew the loan or will not renew. State laws often govern loan renewal policies. Some sources are not governed by state laws. Be sure to know if your lender is governed by state law; and your state’s policies in regard to the loan renewal provisions. Again, carefully read the lender's terms before agreeing to and submitting your e-signature.

Lenders have their 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 lenders must follow when assessing fees for late payments. Be sure to find out if your lender is governed by state law and if not what their policy is regarding late payments.

If you do not make the payments on your loan you may be responsible for additional fees and interest and collection costs. This may lower your credit score. 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, which includes limitation on how a lender may collect an unpaid balance including:

• Not contacting you by phone before 8 am or after 9 pm.
• Not harassing you or using abusive language towards you over the phone.
• Not using deception to try to collect money from you.
• Not threatening you with legal action if it is not permitted.

* lenders-direct.com is not a lender. Only your lender can provide you with information about your specific loan terms, including the APR, renewal, payments and implications for nonpayment or skipped payments. Example Representative APRs have been provided by some but not all of our referral sources, however even these are subject to change and could be higher or lower based on the lenders criteria and your credit worthiness. Please review the loan terms provided by your lender.