Disclaimer

We Are NOT a Lender

Loan AI Portal is NOT a lender, loan broker, or agent for any lender or loan broker. We operate as a matching service that connects consumers seeking personal loans with a network of participating lenders and lending partners.

We do not:

• Make loans or extend credit to consumers
• Make credit decisions or determine loan approval
• Set loan terms, interest rates, or fees
• Collect loan payments or service loans
• Guarantee that you will be approved for a loan
• Guarantee any specific loan terms or interest rates

Our platform operates in cooperation with RoundSky, a trusted technology partner that provides infrastructure and services to facilitate loan matching.

How Our Service Works

When you submit a loan request through our platform:

1. You complete a loan request form - Your information is collected and securely transmitted to our AI-powered matching system
2. We match you with potential lenders - Our algorithms analyze your profile and identify lenders from our network who may be able to help
3. Lenders review your request - Your information is shared with one or more lenders who will independently evaluate your application
4. Lenders may contact you - If a lender is interested, they will contact you directly with loan offers and terms
5. You decide whether to accept - You are under no obligation to accept any loan offer and should carefully review all terms before proceeding

No Guarantee of Approval or Specific Terms

Submitting a loan request through our platform does NOT guarantee:

• That you will be matched with a lender
• That you will receive any loan offers
• That you will be approved for a loan
• Any specific loan amount, interest rate, or terms
• Any specific timeline for receiving loan offers or funds

Loan approval and terms are determined solely by individual lenders based on their own underwriting criteria, which may include your credit score, income, employment history, debt-to-income ratio, and other factors.

Lender Independence

Each lender in our network operates independently and is responsible for:

• Setting their own loan terms, interest rates, and fees
• Making their own credit decisions and approval determinations
• Providing their own disclosures and loan agreements
• Servicing loans and collecting payments
• Complying with applicable federal and state lending laws
• Maintaining their own privacy policies and data practices

We do not control or endorse any lender's actions, practices, or decisions. Any loan agreement you enter into will be directly between you and the lender, and we are not a party to that agreement.

Loan Costs and Terms

Personal loans can vary significantly in cost depending on the lender and your individual circumstances:

Interest Rates and APR

• Interest rates typically range from 5.99% to 35.99% APR or higher
• Your actual rate depends on your creditworthiness and lender policies
• APR (Annual Percentage Rate) includes interest and certain fees
• Lower credit scores generally result in higher interest rates

Loan Amounts and Terms

• Loan amounts typically range from $500 to $50,000
• Repayment terms typically range from 3 months to 7 years
• Longer terms may result in lower monthly payments but higher total interest
• State laws may limit maximum loan amounts and interest rates

Fees

• Origination fees (typically 1% to 8% of loan amount)
• Late payment fees
• NSF (Non-Sufficient Funds) fees
• Prepayment penalties (some lenders)
• Check processing fees

IMPORTANT: Always review the lender's loan agreement and Truth in Lending disclosures carefully before accepting any loan offer. Make sure you understand all costs, fees, and repayment terms.

Example Loan Calculation

Credit Impact

Submitting a loan request through our platform may affect your credit in the following ways:

• Soft Credit Inquiry: Initial matching process may involve a soft credit pull that does NOT affect your credit score
• Hard Credit Inquiry: If you proceed with a lender's application, they may perform a hard credit inquiry that MAY temporarily lower your credit score
• Multiple Inquiries: Your information may be shared with multiple lenders, potentially resulting in multiple credit inquiries
• Payment History: Once you have a loan, your payment history will be reported to credit bureaus and can positively or negatively affect your credit

State Licensing and Regulations

Lending laws and regulations vary by state. Our lender network includes lenders licensed to operate in specific states. Some important points:

• Not all lenders are available in all states
• Some states prohibit or restrict certain types of loans
• Maximum loan amounts, interest rates, and fees vary by state
• Some states require specific disclosures or cooling-off periods
• Tribal lenders may operate under different regulations

For state-specific information about loan regulations, please visit our States Page.

Technology Partnership

Our platform operates in partnership with RoundSky, a technology service provider that powers key aspects of our platform including:

• Application form technology and submission processing
• Platform infrastructure and technical services
• Integration with lender networks
• Data processing and security services

RoundSky processes data on our behalf as a service provider and is contractually obligated to maintain confidentiality and security. RoundSky is not a lender and does not make lending decisions.

Responsible Borrowing

Before applying for a loan, consider the following:

• Only borrow what you need and can afford to repay - Consider your monthly budget and existing financial obligations
• Understand the total cost - Calculate the total amount you'll repay, including interest and fees
• Compare multiple offers - If you receive multiple loan offers, compare the APR, terms, and total cost
• Read the fine print - Review all loan documents carefully before signing
• Consider alternatives - Explore other options such as credit counseling, payment plans, or assistance programs
• Make payments on time - Late or missed payments can result in fees, damage to your credit, and collection actions

Consequences of Non-Payment

Failure to repay a loan can have serious consequences:

• Late fees and penalty charges
• Increased interest rates or acceleration of the loan balance
• Negative impact on your credit score and credit report
• Collection activities including phone calls, letters, and legal action
• Wage garnishment or bank account levies (where permitted by law)
• Difficulty obtaining credit in the future

If you are experiencing financial hardship, contact your lender immediately to discuss potential payment arrangements or hardship programs.

No Warranty or Guarantee

Our services are provided "as is" without any warranties or guarantees:

• We make no representations about the quality, reliability, or suitability of any lender
• We do not guarantee the accuracy of information provided by lenders
• We do not guarantee uninterrupted or error-free service
• We are not responsible for lender actions, decisions, or loan servicing
• We are not responsible for any losses resulting from loans obtained through our platform

Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW:

• We are not liable for any direct, indirect, incidental, special, consequential, or punitive damages arising from your use of our services
• We are not liable for any damages or losses resulting from loans obtained through our platform
• We are not liable for lender actions, decisions, errors, or omissions
• We are not liable for unauthorized access to or alteration of your data
• Our total liability shall not exceed $100 or the amount you paid us (currently $0), whichever is less

Marketing and Advertising

Any rates, terms, or loan amounts mentioned on our website are for informational and marketing purposes only and should not be considered an offer or guarantee. Actual terms will vary based on lender policies and your individual circumstances.

Testimonials, success stories, or case studies on our website represent individual experiences and may not be typical. Your results may vary.

Privacy and Data Sharing

When you submit a loan request:

• Your personal and financial information will be shared with lenders in our network
• Lenders may contact you via phone, email, or text message
• Your information may be shared with service providers and technology partners like RoundSky
• You may receive marketing communications from us and our partners

For more information, please review our Privacy Policy.

Third-Party Websites

Our website may contain links to third-party websites, including lender websites and our partner RoundSky. We are not responsible for the content, privacy practices, or terms of service of any third-party websites. We encourage you to review the terms and policies of any third-party sites you visit.

Changes to This Disclaimer

We reserve the right to update this Disclaimer at any time. Changes will be posted on this page with an updated "Last Updated" date. Your continued use of our services after any changes constitutes acceptance of the modified Disclaimer.

Contact Information

If you have questions about this Disclaimer or our services, please contact us: