Lending Disclosure

Effective Date: March 18, 2026

Important: PaydayConnector.com is NOT a lender. We do not make loans, do not make credit decisions, and do not charge fees to consumers. Please read this entire disclosure carefully before submitting a loan request.

We Are Not a Lender

PaydayConnector.com operates a matching service that connects consumers seeking short-term loans with a network of third-party lenders. We are not a lender, a loan broker, or an agent of any lender. We do not make loan offers, set loan terms, or guarantee that you will be matched with a lender or receive a loan offer. Submitting a request on our website does not constitute a loan application to any specific lender.

If you are matched with a lender, that lender will present you with a loan agreement containing all terms and conditions. You are under no obligation to accept any offer. Any loan agreement you enter into is solely between you and the lender.

How the Matching Service Works

When you complete the form on our website and click submit, your information is transmitted to one or more lenders in our network. Lenders independently review your information and determine whether to extend a loan offer. If a lender chooses to make you an offer, you will be redirected to that lender's website or contacted directly by the lender. You should review the lender's terms, privacy policy, and loan agreement carefully before accepting any offer.

Not all consumers who submit a request will be matched with a lender. Matching depends on the information you provide, the lender's underwriting criteria, and other factors. If we are unable to match you with a lender, we may share your information with other marketing partners who may contact you about alternative financial products.

Representative APR Range and Loan Costs

The Annual Percentage Rate (APR) for payday loans and short-term cash advances varies significantly depending on the lender, your state of residence, loan amount, and loan term. Representative APR ranges from approximately 200% to 664% for payday loans. Some lenders may offer rates outside this range.

Example: A $500 loan with a 14-day term and a finance charge of $75 would have an APR of approximately 391%. The total amount repaid would be $575. Actual rates and terms will vary.

Payday loans are intended for short-term financial needs and are not a long-term financial solution. Borrowers who use payday loans on a repeated or extended basis may incur significant costs.

Loan Term Information

Payday loans are typically short-term loans with terms ranging from 7 to 31 days, depending on state law and lender policies. Some lenders may offer installment loans with longer repayment periods. The specific term of your loan will be stated in the loan agreement provided by your lender. Repayment is generally due on your next payday or on the date specified in your loan agreement.

Fee Disclosure

Lenders in our network may charge various fees in connection with your loan, including but not limited to:

Finance charges: A flat fee or percentage of the loan amount charged for the use of borrowed funds. Typical finance charges range from $10 to $30 per $100 borrowed.
Origination fees: Some lenders charge a one-time fee to process and fund your loan.
Late payment fees: Fees charged if you fail to make a payment by the due date specified in your loan agreement.
Rollover or renewal fees: In states where rollovers are permitted, lenders may charge additional fees to extend your loan term.
NSF fees: If a scheduled payment is returned due to insufficient funds in your bank account, your lender and your bank may each charge a fee.

All fees will be disclosed in your loan agreement before you accept the loan. Review all fees carefully and ask your lender about any charges you do not understand.

Late Payment and Non-Payment Consequences

If you fail to repay your loan according to the terms of your agreement, you may face serious consequences, including:

Additional late fees and accrued interest charges
Continued collection attempts by the lender, including phone calls, emails, and letters
Referral of your account to a third-party collection agency
Potential legal action by the lender or collection agency
Negative impact on your credit score if the lender reports to credit bureaus
Potential bank fees for returned payments (NSF/overdraft fees)

If you are unable to repay your loan on time, contact your lender immediately. Many lenders offer extended payment plans or hardship programs. Some states require lenders to offer extended repayment options before taking collection action.

Collection Practices

Lenders and their collection agents are required to follow all applicable federal and state laws when collecting debts, including the Fair Debt Collection Practices Act (FDCPA). You have the right to request that a collector stop contacting you, to dispute the debt, and to request verification of the debt in writing. If you believe a lender or collector has violated your rights, you may file a complaint with the Consumer Financial Protection Bureau (CFPB) or your state attorney general.

Credit Reporting Notice

Some lenders in our network may report your loan and payment history to one or more credit reporting agencies. Late payments, missed payments, or defaults on your loan may be reported and could negatively impact your credit score. However, not all lenders report to all credit bureaus, and some lenders may not report at all. If building or maintaining your credit history is important to you, ask your lender about their credit reporting practices before accepting a loan.

Submitting a loan request through PaydayConnector.com does not affect your credit score. However, individual lenders may perform a credit check as part of their underwriting process, which could result in a hard inquiry on your credit report.

Military Lending Act (MLA) Notice

The Military Lending Act provides special protections for active-duty members of the military and their dependents. Under the MLA, payday loans to covered borrowers are subject to a Military Annual Percentage Rate (MAPR) cap of 36%. Most payday loan products exceed this rate and are therefore not available to active-duty service members or their dependents.

If you are an active-duty service member or a dependent of an active-duty service member, do not submit a loan request through this website. Lenders are required to verify military status and may not make loans that violate the MLA. For more information, contact your installation's financial counselor or the Department of Defense at militaryonesource.mil.

State-Specific Disclosures

Payday loan regulations vary significantly by state. Some states have specific caps on loan amounts, fees, APR, and loan terms. Some states prohibit payday lending entirely. The lenders in our network are licensed in the states where they operate and must comply with all applicable state laws and regulations.

For specific information about payday loan laws in your state, visit our state-by-state guide or contact your state's banking regulator or attorney general's office. Loan terms presented to you will comply with the laws of your state of residence.

FTC Compliance Statement

PaydayConnector.com is committed to compliance with all applicable Federal Trade Commission (FTC) regulations, including the FTC Act's prohibition against unfair or deceptive acts or practices. We do not make false or misleading claims about the availability, terms, or cost of loans. We clearly disclose our role as a matching service, not a lender.

If you believe you have been the victim of unfair or deceptive lending practices, you may file a complaint with the FTC at ftc.gov or with the Consumer Financial Protection Bureau at consumerfinance.gov.

Contact Us

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

Email: support@paydayconnector.com
Website: PaydayConnector.com