TitleLoansUnion.com does not qualify as a lender since it does not make any loans or credit decisions. TitleLoansUnion.com is instead majorly focused on providing a matching service at the same time not in any way acting as a representative, correspondent or agent for any of the lenders or service providers. In fact, TitleLoansUnion.com has managed to refrain from ever endorsing any particular loan product, lender nor service provider. This being the case you are under no obligation to make use of TitleLoansUnion.com especially as a service in a bid to establish any form of contact or apply for any type of loan product from any service provider or lender. This kind of service is still not available in all states.
It is important to note that consumers who hand in their loan applications at TitleLoansUnion.com incur no cost. What’s more, TitleLoansUnion.com also does not provide lending services to customers directly. From the application forms which customers are required to fill in their particulars, it is clearly evident that TitleLoansUnion.com takes the liberty of searching through its database which houses its large network of competent and reliable lenders in the process pairing consumers to lenders who are best able to suit their needs.
All rate information and other fees are disclosed to customers by their respective lenders. This however is done only at the time of approval assuming everything works out well. What usually follows a successful completion of the search and the application approval is being redirected to an e-signature page courtesy of the lender to whom you would have been assigned to. This document simply serves as a source of information on the rate details and the different fees linked to having a lender give out a loan from the TitleLoansUnion.com network. Consumer on the other hand are expected to carefully and thoroughly review the rates and fees provided for by the lender prior formally starting to act as being agreement with the terms of the loan. In fact, consumers are not obliged to accept such terms if they do not wish to.
It is only when a consumer is in complete agreement with the loan terms provided by the lender without being influenced in any way that he/she may go ahead and append his/her signature onto the e-signature page. It is important to note that immediately after the consumer enters a legally binding contract with the lender that he/she officially assumes all the risks and costs associated with the contract in question. It is at this point that the consumer is obliged to the lender and is not in any way obligated to TitleLoansUnion.com. Interest on the loans and all the other relevant fees are dictated by the lender to whom the consumer was matched. During this process, specific amounts are drawn up after serious consideration of the information provided for in the application form. Simply put, TitleLoansUnion.com does not have any influence on the determination of these fees and amounts / interest rates.
Any form of cash advance is usually meant for short term financial relief hence does not qualify as a long term financial solution. This being the case, it is strongly recommended that any consumers facing form of credit difficulties should immediately seek out credit and debt advice. Consumers are equally being encouraged to consult the rates and fees page in order to be able to learn as much as possible about any of the risks associated with cash advances as well as the local laws and regulations governing cash advances, different kinds of possible loan alternatives and most importantly all kinds of recent developments within their respective state.
In addition to all of the above, service providers and lenders do not ask for credit scores usually provided for by the three top credit reporting bureaus: Experian, Equifax or Trans Union. In some circumstances however consumer reports and credit checks which cannot affect consumer credit score can be obtained through Telatrack or the DP bureau.Get Started