Please read these terms carefully before using our services
Important: By using our website or applying for a loan, you agree to these Terms & Conditions. Please read them carefully before proceeding.
These Terms & Conditions ("Terms") constitute a legally binding agreement between you and Daily Pay Loans ("Company," "we," "us," or "our"). By accessing our website or using our services, you agree to be bound by these Terms.
Daily Pay Loans provides online lending services, including processing loan applications, evaluating creditworthiness, originating and servicing loans, and providing customer support.
To use our services, you must:
When you submit a loan application, you authorize us to verify your information, obtain credit reports, contact your employer, and access your bank account information for verification and funding.
If you borrow $1,200 over 12 months at a representative APR of 39.9% (fixed), you would make 12 monthly payments of $115.96, for a total amount payable of $1,391.52. The total cost of credit would be $191.52.
APR ranges from 5.99% to 49.9% depending on loan type, amount, term, and your creditworthiness.
By accepting a loan, you agree to make all payments on time, authorize automatic payments from your bank account, and notify us of any changes to your contact or banking information.
Warning: Late repayment can cause you serious money problems. Missing payments may result in late fees, negative credit reporting, and collection actions.
You may repay your loan in full at any time without penalty. If you pay early, you will only owe interest accrued up to the date of repayment.
These Terms shall be governed by and construed in accordance with the laws of the State of New York.
Email: [email protected]
Address: 123 Finance Street, Suite 500, New York, NY 10001
NMLS#: 123456