cash pocket loan is dedicated to safeguarding its consumer’s from malicious payday loan lenders who engage in illicit lending techniques. We equip consumers with the knowledge they need in order to make responsible and informed decisions.
cash pocket loan‘s practices and policies have always and will always conform to the regulations which have been set forth by the Fair Lending Laws like the Truth in Lending Act. Prior to a consumer assuming any obligation in order to initiate the lending process they should and will be presented in writing the exact fees, rates, charges and roll over charges in addition to other details about their loan. You can visit our Rates and Fees to find out about the current regulations and laws in your state.
According to the Dodd-Frank Wall Street Reform Act every lender which includes payday loan lenders need to engage in what it terms as “fair lending” practices. The Consumer Financial Protection Bureau has been tasked by this act to enforce fair lending rules and regulations.
We try to work with lenders that follow all the provisions of the stated Fair Debt Collection Practices Act which is enforced currently by the Federal Trade Commission. cash pocket loan is not the actual lender. cash pocket loan does not collect any debts from consumers. Every lender in our network is required to follow the following Statues which are:
Calling consumers on their telephone prior to 8 a.m. or post 9 p.m. Contacting their consumers via telephone with the malicious intent of harassing, or annoying or even using abusive language is prohibited Using misrepresentation and deception for debt collection Threatening with legal recourse even though no legal action is allowed If a lender is found to be violating any of the above FDCPA statues cash pocket loan will not hesitate to stop doing business with that company and file a report with the Federal Trade Commission.
cash pocket loan encourages lenders in its network to follow federal and state regulations. These often include the strict conformity with local laws in regards to their interest rates, maximum loan terms, rollover limits, fees, cool off periods in between loans, and much more.
cashpocketloan.com is not an offer to lend. We only provides a service and is not an agent, representative, or broker of any lender and does not endorse or charge you for any loan or product. Our operators are not lenders, do not make loans of any type, and do not make credit decisions.
We collect personal information provided by you and forwards it to partners in our lender network. You are under no obligation to use service to initiate, contact, nor apply for credit or any loan product with any service provider or lender. Loan amounts vary from $100 and $35,000 but not all lenders can provide up to $35,000. Providing your information on we do not guarantee you will be approved for a loan or credit product.
Cash transfer times may vary between lenders and may depend on your individual financial institution. In some circumstances faxing may be required. If you have any questions, contact your lender directly for details, questions, or concerns regarding your loan or credit product. Short-term cash loans are meant to provide you with short-term financing to solve immediate cash needs and should not be considered a long-term solution.
This service and lenders are not available in all states. Lenders may perform credit checks with the credit reporting bureaus or may perform alternative credit checks or consumer reports through alternative providers. By submitting your request, you acknowledge, agree, and authorize that (a) your information may be sent to lenders and/or third-party partners on your behalf, and (b) such lenders may obtain consumer reports and related information about you from one or more consumer reporting agencies to evaluate your creditworthiness.