When it comes to extending credit, our primary focus is on providing you with a comprehensive credit agreement and accompanying disclosures. These documents are designed to furnish you with vital information concerning the cost and terms of the credit you receive. It is important to note that our organization is prohibited from employing legal means to collect any deferred deposit transaction from a consumer.
Our credit agreement and related disclosures will outline key details such as payment due dates, any applicable late fees or fees for returned payments from your financial institution, as well as the finance charges associated with the credit extension. It should be noted that loans are not automatically renewed. The ability to renew a loan may vary based on factors such as state regulations, our credit policies, and the specific type of credit you are seeking. For a comprehensive understanding of the fees and conditions associated with loan renewals, please refer to the credit agreement and related disclosures.
Loan Details and Availability
We offer a range of consumer loan products that are subject to certain limitations and approval based on Easy Money EMG’s underwriting criteria. While Easy Money EMG does not conduct traditional credit checks as part of the credit transaction approval process, we do verify applicant information through national databases, including but not limited to Clarity Services Inc. This verification process will be reflected on your credit report. Please be aware that online approval for Easy Money EMG loans may not be available to all applicants due to state and verification requirements. Some customers applying for Easy Money EMG loans may be required to submit additional documentation in accordance with state laws and qualification criteria. For additional details and disclosures, we encourage you to visit our Products page or inquire at your local store.
Terms, Conditions, and Funding Options
It’s important to note that certain terms and conditions apply to our offerings. While in-store cash pickup may not be available in all states, we do have alternative funding options and checks that may be issued instead of cash. The funding of your loan is contingent upon verification of the information provided in your application. Depending on our ability to verify this information, loan funding may be extended by up to two business days. It is essential to understand that the terms and actual APR (Annual Percentage Rate) may vary depending on a variety of factors, including state regulations, loan duration, loan product type, additional fees, and other underwriting considerations, including credit qualification for specific products.
Professional and Fair Collection Practices
Our organization is dedicated to executing the collection of past due accounts with professionalism and fairness, adhering to applicable laws. It’s important to be aware that information regarding your account may be reported to credit bureaus. Late payments, missed payments, or other defaults on your account may be reflected in your credit report. We understand that some customers may encounter difficulties when repaying their loans, which is why we offer repayment plans that vary by state. For more information, we recommend contacting your nearest store location.
Responsible Usage of Personal Loans
We strongly advise utilizing personal loans only for unforeseen financial needs and not as a long-term financial solution. Customers experiencing credit difficulties should consider seeking credit counseling services for guidance and support.
In accordance with Louisiana Chapter 2-A §3578.4.1., if you find yourself unable to make a payment when it is due, you have the option to request an extended payment plan once within a twelve-month period. However, it is essential to make this request before the payment is due. Requests must be submitted in writing and can be done in person, via email, or fax to EMG Acquisition Group, LLC at 272 Bendix Rd, Suite 500, Virginia Beach, VA 23452 or any local EMG office. You can also reach them by phone or fax at 1-888-213-5744 or email them at [email protected]. If EMG Acquisition Group, LLC refuses to enter into an extended payment plan upon your request before the due date, we recommend contacting the Office of Financial Institution at 1-888-525-9414.