Rates & Fees
Submitting your inquiry for a loan at PaydayGift LLC incurs absolutely no cost. PaydayGift LLC is not a lender and does not provide lending services directly to consumers. Based on the information you submit, PaydayGift LLC searches its database housing its vast network of lenders to connect you with the lender and loan that may be suited to your needs so that you can submit a request directly to the lender.
The Truth in Lending Act requires full disclosure of all loan fees and interest rates that borrowers may incur. All fees and rate information should be disclosed to you by your lender at the time of approval. Upon the conclusion of lender approval, most lenders will direct you to an e-signature page.
Full Disclosure of Terms
The lender provides documents that contain all fees and rate information pertaining to the loan being offered to you by the lender. Please review the fee and rate information provided to you by your lender at this time thoroughly 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 detailed in the lender contract are acceptable and wish to proceed with the loan process, e-sign the page and await transfer of your funds.
The loan fees and interest rates are determined solely by your lender, with specific amounts determined based upon the information you submitted to the lender. PaydayGift LLC has no control or knowledge of the loan details between you and your lender. You are under no obligation to continue with the process if you find a particular lender’s loan terms unsuitable.
Late Payment Policy
Cash advance lenders have varying policies regarding late payments. Review the late payment policy detailed in the loan documents provided to you by your lender before appending your e-signature, and thereby agreeing to the loan terms. All lenders, however, must abide by applicable laws, rules, and regulations regarding late payment fees.
Additional fees or charges may apply to you in the event that you are unable to repay your loan. PaydayGift LLC uses commercially reasonable efforts to work only with reputable lenders dedicated to pursuing collections of past due accounts with conduct that is fair and reasonable.
Loan Renewal Policy
Loan renewal policies are largely governed by state regulatory legislation. In states where rollovers, or repayment term extensions, are allowed, interest rates, along with any late fees that may be assessed, can add a substantial dollar amount to the end price of your loan. Read the lender’s terms in full regarding loan renewal options before signing the loan contract.