State Availability Disclosure
State availability of our services via our lending network is dependant of those lenders that operate or offer their financial products and services within any particular state. Certain lenders may charge their customers APR rates that exceed the limit of the state usury law, and due to this, can not legally operate within that state.
Each state has set their own Usury Laws – their purpose being to help protect you the consumer from unscrupulous lenders and excessive interest rates. Each State sets statutory limits on the amount of interest that you may be charged.
Due to the array of exceptions and legal loopholes regarding state interest rate limits, for example the type of lender or borrower, loan amount and the nature of the contract, some contractual agreements are exempt from state usury laws limiting interest rates. It’s true to say that many states have so many exceptions that it is often necessary to find a different rate for every conceivable situation.
Consumers often waive the limit via contract (in writing or with the click of a mouse), a decision made to secure the credit they require. As a result, state interest rate laws typically have no bearing on the actual rates paid by borrowers.
Not all YesMunee.com lenders operate in all US states for various reasons. Residents of some US states may not be eligible for installment loans products, due to lender eligibility criteria or state legislation requirements. However within our network of lenders, depending on your state of residence, a lender has the option to decline to consider your interest in a financial product they offer or accept to consider your interest in the financial products they offer.
Our lending network policy is to connect our users with lenders that abide by their state usury laws, and that charge (including fees and interest), a minimum APR rate of 3.95% to a maximum APR rate of 35.9%, but within the legal limits that have been set by that state. If a lender accepts to consider your interest in a financial product that they offer, that lender will be responsible for ensuring that any agreement offered to you the customer, is legal within the state you reside at the time of completing any loan agreement.
If you are at all concerned regarding the interest rate that you have been quoted by a lender and wish to find additional information, it is recommended that you contact your State Office and start a dialogue regarding the specifics of their usury law and associated interest rates.
This service is not solicitation for loan products and does not constitute a loan offer for any loan products that are prohibited by state law. This service is void where prohibited.
Listed below are the states we currently do not offer our services to.
Disclaimer: This service is FREE to users through YesMunee. YesMunee does not lend to users. Based on the information provided by users, YesMunee searches its database of lenders it works with to connect consumers with the lender and loan best suited to their wishes. Not all lenders can provide up to $5,000. Consumers, who qualify with a lender, can be offered loans with APRs below 36% and have payment terms ranging from 61 days to 60 months, or more.
Cash transfer times may vary between lenders and may depend on your individual financial institution. For details, questions or concerns regarding your loan, please contact your lender directly. All terms, including fees and rate, must be revealed to consumers by their lender once they have been approved. Once you have submitted your registration form, you will be sent to an e-signature page made available to you by the lender to which you were connected. Along with the e-signature field, the page will include information pertaining to the fees and rate of your specific loan. Borrowers are required to review the fee and rate material made available by their lender thoroughly and in its entirety before agreeing to the loan. Users are not obligated to accept the loan. If the consumer determines that the terms of the loan are agreeable wants to continue with the loan process, the consumer may fill out the e-signature page. After this is one, the consumer has entered into a legally binding contract with the lender and not YesMunee and must assume all the costs detailed in the contract. The lender determines all fees and rates based on the information provided in the registration form. YesMunee.com is not involved in determining these fees and rates.
Upon acceptance of the loan offer and entry into an agreement with the lender, the lender will aim to transfer the cash within 24 hours. Clearance of the funds is dependent on whether your bank accepts faster payments
If your loan is approved, funds may be cleared and in your account within the hour if you apply before 3pm, Monday to Friday. If you apply after 3pm, then this will be the next working day.