You understand and acknowledge that Ilendar's Fair and Responsible Lending Policy (hereafter “Policy”) is intended to be read in conjunction with this Website’s Terms and Conditions and Privacy Policy. This Policy provides you with important information regarding your rights as a consumer and practices that may be applicable to our Network Partners. The contents of this Policy are not legal advice. Any inquiries you may have regarding your loan or any loan offers should be addressed with the lender directly.
Ilendar is not a lender, broker, or party to any loan transaction. We submit the information you provide to lending partners who may use a soft credit check to assess your eligibility. Loan offers may vary based on creditworthiness and state law. There is no guarantee you will receive personalized loan offers. If you do, review each lender’s terms before applying. At the application stage, a full credit check may occur.
Ilendar supports consumers in reporting any unlawful lender activity to the Consumer Financial Protection Bureau or relevant authorities.
Prohibits discrimination based on race, color, religion, sex, marital status, national origin, age, public assistance income, or rights under the Consumer Credit Protection Act.
Protects fairness, accuracy, and privacy of consumer information. Grants rights to access, correct, and limit sharing of your credit data.
Requires lenders to clearly disclose loan costs, including APR, interest rates, and fees before a consumer commits. It also protects against billing errors and outlines credit card transparency standards.
Ensures that individuals with disabilities have equal access to the goods and services offered by private businesses.
APR represents the annual cost of credit and includes fees. Lenders must disclose the APR before a loan agreement is finalized. State laws may cap APRs, so read terms carefully.
Ilendar does not fund loans or collect debt. We work with lenders who comply with fair debt collection laws such as the Fair Debt Collection Practices Act (FDCPA), which prohibits harassment and unethical collection practices.
Lenders may charge late fees, report to credit bureaus, and initiate collections. Understand the penalties outlined in your loan agreement to avoid unexpected consequences.
Ilendar strives to work with lenders who follow federal and state regulations. However, consumers are responsible for understanding the legal requirements applicable to their loan based on their location. These may include limits on interest rates, loan terms, fees, and other consumer protections.
