Lending Bear is a state-licensed provider of Louisiana payday loans. Because we are licensed by the state, you can be certain that our practices are ethical, fair, and responsible.
How much can I borrow with Lending Bear in Louisiana?
Minimum loan is $100 and the maximum loan is $300.
Can I renew my loan?
The loan is due in full on the maturity date. You may obtain another loan once the current loan is paid in full.
What is the Extended Payment Plan?
IF YOU CANNOT MAKE PAYMENT WHEN DUE, YOU CAN ASK TO ENTER INTO AN EXTENDED PAYMENT PLAN ONCE IN A TWELVE-MONTH PERIOD, BUT THE REQUEST MUST BE MADE BEFORE THE PAYMENT IS DUE. REQUESTS MAY BE MADE BY PHONE, BY EMAIL, OR FACSIMILE, (LENDING BEAR, P: 855-285-5700, ONLINE@LENDINGBEAR.COM, F: 904-260-2285). SHOULD YOUR LENDER (LENDING BEAR) REFUSE TO ENTER INTO AN EXTENDED PAYMENT PLAN UPON YOUR REQUEST BEFORE THE DUE DATE, CONTACT THE OFFICE OF FINANCIAL INSTITUTIONS AT 1-888-525-9414.
Can I pay my loan off early?
If the loan is paid within the first 5 days of the term of the loan, Lending Bear will refund the total finance charge, less $20, which is earned at the time of loan.
What if my payment returns?
In the event that your check, ACH, or remotely created check is returned from your financial institution for any reason, you agree to pay us an NSF fee of $25.
How can I report issues with Lending Bear to the State?
Office of Financial Institutions
P.O. Box 94095
Baton Rouge, LA 70804