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Responsible Lending

APP COMPANY adheres to responsible lending principles. We strive to provide access to loans in a way that benefits our customers and contributes to their financial well-being. Our responsible lending principles include:

Our Lending Principles

Affordability Assessment

We assess a borrower's ability to repay a loan before providing credit. This may include checking income, employment, and other financial obligations.

Clear Disclosure

We provide borrowers with clear and complete information about their loan terms, including annual percentage rate, fees, repayment schedule, and consequences of default.

Fair Lending

We treat all borrowers fairly and without discrimination.

No Predatory Practices

We do not engage in predatory lending practices such as charging excessive interest rates or fees, or trapping borrowers in cycles of debt.

Customer Support

We provide responsive and helpful customer support to assist borrowers with any questions or issues they may have.

Financial Literacy

We may provide resources and information to help borrowers improve their financial literacy and make informed decisions about credit.

Collection Practices

In the event of default, we will conduct collections in a fair and ethical manner, complying with all applicable laws.

Our Commitment

At APP COMPANY, we are committed to ensuring that our lending practices are responsible, ethical, and beneficial to our customers. We regularly review and improve our policies and procedures to maintain the highest standards of responsible lending.

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APP COMPANY

COMPANY ADDRESS

Email: support@domain.com

Phone: (312) 946-2184

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