Responsible Lending
MAF Loans LLC is committed to fair, transparent, and responsible lending practices.
Our Principles
- Transparency: We clearly disclose rates, fees, and terms so you can make informed decisions.
- Fairness: We work with lenders that follow applicable laws and treat borrowers fairly.
- Accessibility: We strive to connect borrowers with options that fit their needs and credit profile.
- Privacy: We protect your personal information and only share it with lenders when you choose to apply.
Our Standards
We partner with lenders that adhere to applicable federal and state lending regulations. We do not work with lenders that engage in deceptive practices, predatory lending, or unfair treatment of borrowers.
Tips for Borrowers
- Borrow only what you need and can afford to repay.
- Read all loan documents carefully before accepting any offer.
- Understand the APR, fees, and total cost of the loan.
- Compare multiple offers before making a decision.
- Be aware that submitting applications may result in credit inquiries.
- Contact your lender immediately if you have trouble making payments.
Predatory Lending Warning
Be cautious of lenders that:
- Pressure you to borrow more than you need
- Charge fees that are not clearly disclosed
- Offer loans with extremely high interest rates or fees
- Require upfront payment before providing a loan
- Contact you unsolicited and demand immediate action
- Refuse to provide written terms or agreements
If you believe you have been a victim of predatory lending, contact your state attorney general or consumer protection agency. You may also file a complaint with the Consumer Financial Protection Bureau (CFPB).
Consumer Protection Resources
We encourage you to use these resources to protect yourself and make informed decisions:
- Consumer Financial Protection Bureau (CFPB) — www.consumerfinance.gov — File complaints, get answers to financial questions, and access educational resources.
- Federal Trade Commission (FTC) — www.ftc.gov — Report fraud and unfair business practices.
- Your State Attorney General — Each state has a consumer protection division that can help with lending complaints.
- Annual Credit Report — www.annualcreditreport.com — Get free copies of your credit report from the three major bureaus once per year.
What We Require from Lenders
MAF Loans LLC and Payday Cash Advance Loans: MAF work only with lenders that meet our standards. We require that our partner lenders:
- Hold appropriate state and federal licenses where required
- Clearly disclose all rates, fees, and terms before a borrower accepts an offer
- Comply with applicable consumer protection laws, including the Truth in Lending Act (TILA)
- Provide borrowers with a reasonable opportunity to review and understand loan documents
- Maintain fair collection practices and work with borrowers who experience financial hardship
What We Prohibit
We do not work with lenders that engage in the following practices:
- Deceptive or misleading advertising
- Charging undisclosed or hidden fees
- Rollover or refinancing practices designed to trap borrowers in debt
- Harassment or abusive collection tactics
- Discrimination based on protected characteristics
- Requiring collateral for unsecured personal loans in a predatory manner