Responsible Lending Policy

Our Commitment to Fair Lending and Consumer Protection

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Our Mission

At NetPay Advance, we are committed to responsible lending practices that prioritize the financial wellbeing of our customers. We believe in transparency, fairness, and ethical business conduct. Our goal is not just to provide loans, but to be a trusted partner in helping our customers navigate temporary financial challenges while promoting long-term financial health.

Our Core Principles

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Transparency First

We provide clear, straightforward information about all loan terms, fees, and costs upfront. No hidden fees, no surprises. You'll know exactly what you're agreeing to before you sign any agreement.

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Fair Treatment

Every customer deserves respect and fair treatment regardless of their financial situation. We comply with all fair lending laws and do not discriminate based on race, color, religion, national origin, sex, marital status, age, or any other protected characteristic.

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Appropriate Products

We only offer loan products that are suitable for each customer's financial situation. Our underwriting process evaluates ability to repay, ensuring we don't approve loans that customers cannot afford.

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Financial Education

We provide resources and information to help customers make informed financial decisions. We believe educated borrowers make better choices and achieve better outcomes.

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Consumer Protection

We maintain strict compliance with all federal and state consumer protection laws. Our practices are regularly audited to ensure we meet the highest standards of consumer protection.

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Customer Support

We provide accessible, responsive customer service to answer questions and address concerns. Our team works with customers facing financial difficulties to find solutions.

Our Commitments to You

1

Clear and Complete Disclosure

We provide all required disclosures in clear, understandable language before you accept a loan. This includes the Annual Percentage Rate (APR), finance charges, payment schedule, and total amount to be repaid.

2

Ability to Repay Assessment

We verify your income and evaluate your ability to repay before approving a loan. We consider your income, expenses, and existing financial obligations to ensure the loan is affordable.

3

No Pressure Sales

We never pressure customers to take loans or borrow more than they need. You have time to review loan terms and can decline or cancel within allowed timeframes.

4

Fair Collection Practices

If you experience repayment difficulties, we work with you respectfully and in compliance with the Fair Debt Collection Practices Act (FDCPA). We offer payment arrangements when possible.

5

Privacy Protection

We protect your personal and financial information with bank-level security. We do not sell your information to third-party lenders or lead generators.

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Regulatory Compliance

We maintain active licenses in all states we serve and comply with all applicable federal and state lending laws, including state interest rate caps and fee limitations.

⚠️ Important: Understanding Short-Term Loans

Short-term loans are expensive and should be used only for short-term financial needs, not as a long-term financial solution.

Before taking out a short-term loan, consider the following:

If you have credit difficulties, we encourage you to seek credit counseling before entering into any loan transaction.

Tips for Responsible Borrowing

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Borrow Only What You Need

Just because you're approved for a certain amount doesn't mean you should take it all. Borrow only what you need for your immediate emergency.

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Plan for Repayment

Before accepting a loan, ensure you have a clear plan for how you'll repay it. Make sure the payment fits within your budget.

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Read All Terms

Carefully review the loan agreement, including all fees, due dates, and terms before signing. Ask questions if anything is unclear.

Pay On Time

Ensure sufficient funds are available in your account on the due date. Late payments result in additional fees and can affect your credit.

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Communicate Early

If you anticipate difficulty making a payment, contact us immediately. The sooner we know, the more we can help.

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Build Emergency Savings

Use this experience as motivation to start building an emergency fund, even if it's just a small amount each month.

Financial Education Resources

Free Resources to Help You

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Credit Counseling

Get free or low-cost credit counseling from certified counselors who can help with budgeting and debt management.

Visit NFCC →
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Financial Education

Access free financial education resources, tools, and calculators to improve your money management skills.

Visit MyMoney.gov →
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Consumer Protection

Learn about your rights as a consumer and how to file complaints if you experience unfair lending practices.

Visit CFPB →

Alternatives to Consider

Before taking out a short-term loan, consider these alternatives:

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Family & Friends

Consider asking family or friends for a short-term loan. Be sure to put the terms in writing.

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Employer Advance

Some employers offer paycheck advances or emergency loans to employees. Check with your HR department.

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Credit Union Loans

Credit unions often offer small-dollar loans with lower rates than payday lenders.

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Credit Card

If you have a credit card with available credit, even a cash advance may be less expensive than a payday loan.

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Community Resources

Local charities, churches, and community organizations may offer emergency financial assistance.

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Negotiate with Creditors

Contact your creditors directly to negotiate payment plans or extensions rather than taking a loan.

Questions About Responsible Lending?

We're here to help you make informed decisions about your financial needs

Customer Service Hours:
Monday - Friday: 9:00 AM - 8:00 PM CT
Saturday: 11:00 AM - 3:00 PM CT

Our Promise

We promise to treat every customer with dignity and respect, to provide clear and honest information, and to operate our business with the highest ethical standards. Your trust is our most valuable asset, and we work every day to earn and maintain it.