FINANCIAL EMPOWERMENT

Responsible Lending & Borrowing

Taking on debt is a serious financial commitment. We are dedicated to providing clear informational guidance so you only borrow what you can afford to repay.

7 Key Questions Before You Borrow

1. Is this expense essential right now? Can the expenditure be postponed until you have built up additional personal savings?

2. Will monthly payments fit comfortably in your budget? Use our loan calculator to verify that regular payments will not strain necessary living costs.

3. Have you reviewed the total finance charge? Look beyond just the monthly payment and examine the cumulative dollar interest cost over the entire term.

4. Are you aware of all potential fees? Check for origination fees, late payment charges, or non-sufficient fund fees in the Truth in Lending box.

5. Can you maintain savings contributions? Avoid borrowing to the point where you cannot continue funding an emergency buffer.

6. Do you have a contingency plan? Consider how you will handle payments if you experience temporary income disruption or unexpected expenses.

7. Have you explored lower-cost alternatives? Evaluate non-profit community assistance, payment arrangements with service providers, or credit unions.

Your Rights as a Consumer

Federal and state laws provide strong protections for borrowers. Under the Truth in Lending Act (TILA), lenders are legally required to provide you with a written Truth in Lending Disclosure before you execute an agreement.

This disclosure must clearly display your Annual Percentage Rate (APR), the Finance Charge, the Amount Financed, and the Total of Payments.

Free Consumer Support & Counseling Resources

If you are facing financial hardship, feeling overwhelmed by debt, or seeking independent financial guidance, consider contacting these reputable non-profit organizations:

National Foundation for Credit Counseling (NFCC): Free and low-cost certified credit counseling (www.nfcc.org)
Consumer Financial Protection Bureau (CFPB): Informational tools and consumer complaint resources (www.consumerfinance.gov)
Financial Counseling Association of America (FCAA): Debt management programs and debt resolution counseling (fcaa.org)

Ready to Explore Installment Loan Options?

Take your time, review available terms, and make the right decision for your financial future.

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