Disclosure

Xpress Finance Disclosure

At Xpress Finance we are committed to transparency and ensuring that you fully understand the terms and conditions of any loan you apply for through our website. The following disclosure provides important information about our loan products and the associated risks.

1. Loan Rates and Terms

  • Interest Rates: The interest rates on our loans vary depending on factors such as your creditworthiness, loan amount, and loan term. The specific interest rate applicable to your loan will be disclosed at the time of the loan offer.

  • Annual Percentage Rate (APR): The APR represents the total annual cost of the loan, including interest and any applicable fees. The APR for your loan will be disclosed before you agree to the terms of the loan.

  • Loan Terms: Loan terms, including the repayment schedule, loan amount, and repayment period, will be provided in your loan agreement. Please review these terms carefully before accepting any loan offer.

2. Fees and Charges

  • Origination Fees: Some loans may include an origination fee, which will be deducted from the loan amount before disbursement. This fee will be disclosed at the time of the loan offer.

  • Late Fees: If you fail to make a payment by the due date, late fees may apply. The amount of these fees will be outlined in your loan agreement.

  • Prepayment Penalties: Some loans may include prepayment penalties if you repay the loan before the end of the term. If applicable, this will be clearly disclosed in your loan agreement.

3. Loan Approval and Funding

  • Loan Approval: Submitting a loan application does not guarantee approval. Loan approval is subject to a review of your credit profile, financial situation, and other factors. We may require additional documentation to verify your information.

  • Loan Funding: Once your loan is approved, funds may be disbursed to your bank account within a specified time frame, typically within [Insert number of business days]. The exact timing will depend on your bank and other factors.

4. Credit Reporting

We may report your loan activity to one or more credit bureaus. Timely payments may help improve your credit score, while missed or late payments could negatively impact your credit score. It is important to make all payments on time to avoid penalties and damage to your credit.

5. Risk of Default

Borrowing money involves risks, including the possibility of default if you are unable to repay the loan. Failure to make timely payments may result in:

  • Additional fees and interest charges
  • Legal action by the lender to recover the loan amount
  • Negative impact on your credit score
  • Collection activities

Before applying for a loan, please assess your ability to repay the loan according to the terms outlined in your loan agreement.

6. No Financial Advice

The information provided on our Site is for general informational purposes only and does not constitute financial advice. We recommend that you consult with a financial advisor or another professional to assess whether the loan products offered by Xpress Finance are suitable for your financial situation.

7. Fair Lending Practices

We are committed to fair lending practices and do not discriminate on the basis of race, color, religion, national origin, sex, marital status, age, or because you receive income from public assistance programs.

8. State-Specific Disclosures

Depending on your location, additional disclosures may be required by state or local laws. Any such disclosures will be provided to you as part of the loan application process. Please review any state-specific disclosures before accepting any loan offer.

This loan disclosure is intended to provide transparency and ensure that you fully understand the terms and conditions associated with your loan. Please read all loan documentation carefully before accepting any loan offer.