Short Term Loan Disclosures

How does an online payday advance work?

Once you submit your application, we will attempt to match you with a lender. If we are successful, you may expect an agent to call you to guide you through the remainder of the process.

How will I know if my loan is approved?

After you apply online, you will receive an instant e-mail advising you that you are pre-approved for the loan, pending verification of the information you have provided us. A customer service representative will then contact you within a couple minutes (during business hours) and verify your information by phone, and then you are approved!

When will I receive my cash advance money?

Once we match you with a lender and after that lender approves your loan, you will typically have the option of being funded via electronic deposit (also known as ACH) on the next business day or on the same day via a wire transfer (for an additional fee).

What are the implications of a payday loan late payment?

HolidayLoansForYou.com is not a lender. We are a matching service that helps you find a lender from among our entire network of lenders. Once you are matched with a lender your loan agreement will contain important information about the implications of a late payment. Some lenders may provide the option of making an interest-only or partial payment on a limited basis for an additional fee. Late payments of loans may result in additional fees or collection activities, or both. Each Lender has their own terms and conditions. Please review their policies for further information.

What are the implications of a payday loan non-payment?

HolidayLoansForYou.com is not a lender. We are a matching service that helps you find a lender from among our entire network of lenders. Once you are matched with a lender your loan agreement will contain important information about non-payment. Non-payment of credit could result in collection activities. Each Lender has their own terms and conditions, please review their policies for further information.

Do you provide loans to military personnel?

HolidayLoansForYou.com is not a lender. We are a matching service that helps you find a lender from among our entire network of lenders. Most lenders will not lend to Military members or their dependents but HolidayLoansForYou.com does have at least one lending partner that specializes in assisting members of the U.S. armed services obtain a loan.

Do you adhere to a code of practice on responsible lending?

Although HolidayLoansForYou.com is not a lender our network of buyers are responsible for adhering to all state and federal lending laws and lenders that are members of CFSA have committed to adhere to the following CFSA Payday Advance Customer Bill of Rights.

Not all lenders are members of CFSA so when you speak with a loan representative you may want to ask this question. If you believe that you have been treated inappropriately by a CFSA member and you would like to report a violation of a CFSA Best Practice see CFSA Procedures for Responding to Customers Complaints.

CFSA Payday Advance Customer Bill of Rights.

You have the right to courteous and professional service.
You have the right to have your financial privacy and personal identity protected during and after transacting with a CFSA member company.
You have the right to receive full written disclosure of all fees and terms associated with your payday advance.
You have the right to rescind your loan, at no cost, within one (1) business day of accepting a payday advance.
You have the right to file a grievance against a CFSA member company if you believe that you have been treated in a manner that violates CFSA’s code of Best Practices. In such case, CFSA’s Ethics Committee will investigate your allegation and work with you and the CFSA member to resolve the issue.
You have the right to lawful and professional collection practices.

Upon repayment of your payday advance, you have the right to decline any offer to assume an additional payday advance.
If you live in a regulated state or municipality, you have the right to demand that your lender adhere to the payday lending law(s) of that state or municipality.

What are the loan fees including the annual percentage rate (APR)?

HolidayLoansForYou.com is not a lender. We are a matching service that helps you find a lender from among our entire network of lenders. Once you are matched with a lender your loan agreement will contain important information about loan fees and the annual percentage rate. Lenders are required by law to disclose this information to you. You should always shop around for the best loan pricing you can find. Do not be scared by APRs that are in the triple digits (example 506%). Remember, the A in APR stands for annual. Your cash advance loan is typically for 14 days, not 52 weeks, so the APR has less meaning other than as a comparison shopping measure. In most cases, fees typically range between $10 and $30 per $100 borrowed.

What is the payday loan renewal policy?

HolidayLoansForYou.com is not a lender. We are a matching service that helps you find a lender from among our entire network of lenders. Once you are matched with a lender your loan agreement will contain important information about the lender’s renewal policy. The ability to refinance or “rollover” a loan depends on the locality in which the lender is licensed. Every Lender has its own renewal policy, which may differ from Lender to Lender. Please review your Lender’s renewal policy.

What is your contact information and physical address?

HolidayLoansForYou.com is not a lender. We are a matching service that helps you find a lender from among our entire network of lenders. Once you are matched with a lender your loan agreement should contain a legitimate physical address and contact details for that lender. The physical address for HolidayLoansForYou.com matching service is 142 Flagstone Way, Acworth, GA 30101.

Do you comply with other state or local regulations related to short-term loans?

It is important that you work with a lender that follows the laws set by national, state and local governing bodies. HolidayLoansForYou.com is not a lender. We are a matching service that helps you find a lender from among our entire network of lenders. When you receive your loan documents, read them carefully before you sign to learn which state or country the lender operates in. You can also check online for complaints about a particular lender.

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