Rates & Fees
First, Snap Loans Cash offers its service entirely for free. However, the lender sets the specific rates and fees for your loan. Importantly, Snap Loans Cash is not a lender. Therefore, we do not provide lending services directly to consumers. Instead, we use the information you submit to connect you with a lender quickly and conveniently.
Full Disclosure of Terms The Truth in Lending Act requires full disclosure of all loan fees and interest rates. Consequently, your lender must reveal all fees and rates to you before you accept a loan. If you agree to the terms, most lenders direct you to an e-signature page. There, you complete the loan process. Please take the time to read your loan agreement carefully before signing it.
Late Payment Policy Lenders often have different policies regarding late payments. Therefore, review the policy detailed in your loan agreement before signing. Legally, all lenders must abide by applicable rules and regulations regarding late fees. To learn more, select your state from the list below. Then, you can review the regulations governing late payments in that specific region.
Non-payment Policy If you cannot repay your loan, additional fees or charges may apply. Fortunately, Snap Loans Cash works with reputable lenders. Specifically, they dedicate themselves to using lawful, fair, and reasonable means to pursue collections of overdue accounts. Again, find your state in the list below to review the legal repercussions applicable to you in the case of non-payment.
Loan Renewal Policy State laws largely govern loan renewal policies. In states where rollovers are allowed, additional interest and late fees can increase your final loan amount substantially. Thus, you should avoid these whenever possible. Please find your state’s laws and regulations regarding extensions in the list below. Additionally, read the lender’s terms regarding renewal options before signing the agreement.
Disclaimer Please note, this list serves informational purposes only. It does not constitute legal advice. Furthermore, it may not be accurate or up to date at all times. Do you have a specific question about laws applicable to you? Then, please ask your lender directly or consult a legal adviser. Finally, be aware that some states do not have any statutory provisions pertaining to personal loans.