Legal Information

If you’re interested in understanding personal loans from a legal perspective, please review the information provided below. Note that this information is for guidance purposes only and may change. For the most current legal information, consult government websites and other authoritative sources.

We recommend that users review this section before submitting a loan request.

Are personal loans legal in the United States?

Yes, personal loans are legal in the United States. However, regulations and standards for online lending can vary by state. It’s advisable to consult with state authorities or visit relevant governmental websites to understand the specific regulations in your area.

Who is eligible for a personal loan?

US legislation allows only legal residents to apply for personal loans. Applicants must be at least 18 years old and demonstrate a stable source of income. If you meet these criteria, you can use our platform to secure the funds you need.

What is a loan agreement?

A loan agreement is a legally binding contract between you and the lender. It outlines the terms and conditions of the loan and ensures that both parties adhere to the agreed terms. Breaching the agreement can lead to legal consequences.

What makes a loan agreement binding?

Once you e-sign a loan agreement, you are committed to its terms. Your e-signature indicates that you agree to all the stipulated conditions, so it’s important to review the document carefully before signing.

What is your policy on user data management?

Our Privacy Policy details how we handle and protect user data.

Are there any terms concerning the use of your website?

Please review our Terms of Use for information regarding the use of our website.

What about rates and fees?

Our website is completely free to use. For information on rates and fees, please refer to the Rates and Fees section on our site. Specific details about rates and fees will also be outlined in your loan agreement.