Consumer Advisory: APR Rates Range From 5.99% to 35.99% Maximum APR for qualified consumers

Responsible Lending

At PersonalLoansHere, we are fully committed to practicing responsible lending. We diligently assess each lender within our platform to ensure they uphold good practices, treat customers fairly, and comply with lending laws.

Compliance with TILA (Truth in Lending Act)

All our operations strictly adhere to the guidelines set forth by the Truth in Lending Act (TILA) and other relevant laws governing our services. Prior to electronically signing a loan agreement, borrowers are strongly advised to thoroughly review all the terms and conditions presented by the lender. This includes a clear explanation of fees, late penalties, and other important details pertaining to the loan. In the event that borrowers do not receive this information, it is crucial for them to assertively request the loan terms from their lenders.

Commitment to Fair Lending

As per the Consumer Financial Protection Bureau's definition, "fair lending" refers to the equitable and non-discriminatory access to credit for individuals and communities. We firmly believe in ensuring fairness in lending practices. If you encounter any issues with a loan obtained through our website, you have the right to file a complaint with the Consumer Financial Protection Bureau (CFPB).

We remain dedicated to fostering transparency, fairness, and responsible lending practices to serve our customers and uphold the highest standards of integrity.

Fair Debt Collection Practices

Although PersonalLoansHere is not a lender and does not engage in debt collection activities, we want to emphasize that our lenders are required to adhere to the guidelines outlined in the Fair Debt Collection Practices Act. This act safeguards consumers from abusive or unreasonable debt collection practices. It includes provisions such as:

  • Restricting calls to consumers between 9 p.m. and 8 a.m.
  • Prohibiting debt collectors from making inappropriate or unnecessary calls to consumers.
  • Prohibiting the use of deceptive methods to collect debts.
  • Prohibiting the threat of legal action when such action is not warranted.

Reporting Scams

We are here to assist consumers in reporting scams and fraudulent activities. If you have encountered a scam or believe you have been a victim of fraudulent practices, we recommend reporting it to consumer protection agencies such as the Better Business Bureau. Taking these steps can help protect yourself and others from falling prey to fraudulent schemes.