Fair Lending Policy

At LoanMe Inc., we do not discriminate against any applicant or discourage anyone on a prohibited basis from submitting an application. To assure that our employees have a clear and unequivocal statement of our commitment to a nondiscriminatory method of doing business, we have adopted the following fair lending policy. Employees must be thoroughly familiar with this policy and follow it.

  1. We do not discriminate against a loan applicant or borrower on the basis of race, color, religion, national origin, sexual orientation, handicap, age, the fact that all or part of an applicant’s income comes from any public assistance program or because the applicant has exercised any right under any relevant state or federal law.
  2. We do not selectively encourage applicants and we take no action that would, on a prohibited basis, discourage a reasonable person from applying for a loan.
  3. We do not, on a prohibited basis, refuse to make a loan, vary the terms offered including the amount, interest rate, period or type of loan, or use different standards to evaluate collateral or decide whether to extend credit.
  4. We avoid practices or policies that have a discriminatory effect. This rule applies to all phases of our lending business. It applies even though we do not intend the policy or practice to be discriminatory and even if the policy or practice appears to be neutral.
  5. We make sure that our scoring system is empirically derived and statistically sound and uses no prohibited basis other than age as a predictive factor.
  6. We train our loan personnel in the principles of fair processing and underwriting.
  7. Our Quality Control Manager regularly reviews both our loan underwriting standards and the business practices by which we implement them to determine whether they ensure equal lending opportunity and reports to management.
  8. We periodically review our loan portfolio and applications to make sure that we are serving the community adequately and on a nondiscriminatory basis in light of the community’s demographic characteristics and credit demands.
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© 2020 LoanMe, Inc. All Rights Reserved. 1900 S. State College Boulevard, Suite 300, Anaheim, CA 92806.

*Disclosures Lightning Fast Loans is a DBA of LoanMe. Loans provided by LoanMe. In Florida, Michigan, and Indiana loans are provided by CC Connect, a division of Capital Community Bank, a Utah Chartered bank located in Provo, Utah, Member FDIC. Loans not available in all states and not all applicants will qualify. Approval and terms subject to credit standards. Loans made in accordance with applicable state law and licensing requirements. See Licenses and Disclosures for details.

If, within three calendar days of funding your loan, you repay us the full amount disbursed to you, your loan will be deemed paid in full, without any interest or having to repay the loan fee, if any.  Payment in full of the amount disbursed to you (i.e., the amount you directly receive) must be received no later than 11:59 p.m. PST on the third calendar day after the date you receive funds in order to avoid the payment of interest and fees.  If payment is not received by that time, you will owe the full amount of the loan indicated on your Promissory Note, including the amount disbursed, the loan fee, and interest accruing from the date your loan funded.  Said another way, if the amount disbursed is paid in full within three calendar days after receipt, no interest would be charged, repayment of the loan fee would not be required, and the loan would be deemed paid in full. The loan fee, which is deducted from the loan amount before proceeds are disbursed to you, is fully earned at closing, and is not subject to refund or rebate under any circumstances, in whole or in part.

**Visa Debit Card required for instant funding.