Responsible Lending

We're committed to ethical lending practices that put borrowers first. Our mission is to provide fair, transparent, and accessible loan solutions.

Borrower Protections
Fair Practices
Full Transparency
Our Commitment

Core Principles of Responsible Lending

At Loans of Course, we believe that responsible lending is the foundation of a healthy financial ecosystem. Our approach prioritizes your financial well-being.

Ability to Repay

We verify income and assess debt-to-income ratios to ensure loans are affordable for every borrower.

Clear Terms

All loan terms, rates, and fees are disclosed upfront in plain language you can understand.

Fair Rates

Interest rates are based on creditworthiness, not predatory practices. No hidden fees or surprise charges.

Financial Education

We provide resources and tools to help borrowers make informed financial decisions.

Your Rights

Borrower Protections

We believe every borrower deserves fair treatment and clear protections throughout their loan journey.

No Predatory Lending

We never engage in predatory practices such as loan flipping, excessive fees, or targeting vulnerable borrowers.

Right to Cooling Off

You have the right to cancel certain loans within a specified period without penalty.

Transparent Statements

Receive clear, detailed loan statements showing exactly where your payments go.

Complaint Resolution

We have dedicated processes to address concerns and resolve disputes fairly.

Regulatory Compliance

Fair Lending Laws
Equal Credit Opportunity
Truth in Lending Act
Consumer Financial Protection
State Lending Regulations
FCRA Compliance
Transparency

No Hidden Fees, No Surprises

We believe in complete transparency. Here's exactly what you can expect when working with us.

What We Don't Charge

  • Application fees
  • Processing fees
  • Prepayment penalties
  • Early repayment fees
  • Account maintenance fees

Lender Fees (By Lender)

  • Origination fees (0-5%)
  • Late payment fees
  • NSF/returned payment fees

All lender fees are disclosed in the loan agreement before you accept.

Interest Rate Ranges

  • Excellent credit (750+): 5.99% - 12.99%
  • Good credit (700-749): 10.99% - 18.99%
  • Fair credit (650-699): 15.99% - 24.99%
  • Poor credit (580-649): 22.99% - 35.99%

Rates vary based on creditworthiness and loan terms.

Annual Percentage Rate (APR) Disclosure

The APR is the total cost of borrowing expressed as a yearly rate. APR ranges shown are for qualified applicants and may vary based on credit score, loan amount, term, and lender. Not all applicants will qualify for the lowest rates. Actual APR may be higher than the ranges shown.

Our Impact

Making a Positive Difference

We're committed to helping Americans achieve financial stability through responsible borrowing and sound financial practices.

45K+

Happy Borrowers

$250M+

Loans Funded

98%

Satisfaction Rate

45

States Served

"We believe that access to fair credit is a fundamental right. Our mission is to bridge the gap between traditional banking and those who need it most, always with integrity and transparency."

— Loans of Course Leadership Team

Financial Wellness

Tips for Responsible Borrowing

Before taking out a loan, consider these best practices to ensure it aligns with your financial goals.

Calculate Total Cost

Before accepting any loan, calculate the total amount you'll repay including interest and fees over the full loan term.

Assess Your Budget

Ensure your loan payments fit comfortably within your monthly budget without straining other essential expenses.

Compare Options

Don't accept the first offer. Compare rates and terms from multiple lenders to find the best fit.

Borrow Only What You Need

It can be tempting to borrow more, but only take what you truly need to minimize interest costs.

Set Up Reminders

Never miss a payment. Set up automatic payments or reminders to protect your credit score.

Consider Credit Unions

If available, credit unions often offer competitive rates and member-focused service for borrowers.

Ready to Explore Your Loan Options?

Experience the Loans of Course difference. Apply today and see how we can help you achieve your financial goals responsibly.

Our team is available Monday-Friday, 8am-8pm EST to assist you.