Payday Loans

Notes relating to your Cash Advance:

1. A single payday advance is typically for two to four weeks. However, borrowers that use these loans over a long period of time, can find it to be expensive. Payday loans are not recommended as long-term financial solutions.
2. Payday loans are subject to approval pursuant to our standard verification procedures. The rate and term of your loan may vary depending upon the location (state) where you take your loan. An application does not guarantee that you will be approved for a cash advance or for the maximum amount available. Our standard terms and conditions apply to all cash advance loans.
3. Lending Bear loans come with a next business day satisfaction guarantee. If you change your mind about your loan, just return the principal in full before the close of the following business day and pay nothing more.
4. In order to make an informed decision about your application, our decision may be based in whole or in part on information obtained from a national or state database including, but not necessarily limited to, MicroBilt, 1640 Airport Road, Suite 1 1 5, Kennesaw, Georgia 30144 or Veritec Solutions LLC, 6735 Southpoint Drive South Suite 300, Jacksonville FL 32216.

Please read the following important notice:

If you fail to make a timely payment on your loan, there may be implications including the following:

• Credit Score: Late payments on your loan may impact your credit rating. We use alternative credit reporting agencies such as FactorTrust and your credit may be affected with your ability to borrow limited from other services that use such agencies if your payments have not been made in a timely manner.
• Collection Efforts: In the event your account is delinquent, we may exercise our rights under our loan agreement with you. Lending Bear employs standard collection practices regarding delinquent accounts. This may include contacting you by phone, mail, or email. We also reserve the right to sell our debt to a third party or engage a collection agency who may also engage in standard collection practices with you.
• Financial Impact: We do not assess past due interest on any payday loans but you may be charged NSF, returned check or late fees if payments are not honored by your financial institution.
• Refinancing a Loan: Lending Bear does not automatically rollover or refinance our loans. In cases where refinancing is available, you must visit the Lending Bear store or log in to your account to review your options for financing. Any financed loan is subject to signing a new agreement in-store or electronically as the case may be. In order to discuss repayment with a payment plan, you can reach us at 855-285-5700.