Financial Implications (Interest & Finance Charges)

Rocket loan does not act as a lender, thus we cannot foresee the fees and interest rates that may be applied to any loan you’re offered. Your lender will furnish all pertinent information regarding the costs associated with a loan they propose to offer you. It’s your responsibility to meticulously review the loan agreement and accept the offer only if you agree to all terms. Rocket loan does not levy charges for its loan matching service, and you are not obliged to accept the terms provided by the lender.

Late Or Non-Payment Implications

By agreeing to the terms and conditions of a personal loan, you are essentially committing to repay the loan including both interest and within the timeframe outlined in the loan agreement. Typically, failure to fully repay the loan or making late payments can lead to additional charges. Rocket loan.com cannot anticipate or estimate the specific supplementary charges that might arise in cases of late, partial, or non-payment. Additionally, Rocket loan.com does not have control over or knowledge of the loan agreements or specifics between you and your lender.

Please ensure to thoroughly review the late, partial, and non-payment policies provided by your lender in your loan agreement. Rocket loan.com diligently collaborates with trustworthy and reputable lenders who handle the collection of overdue loan accounts in a fair and reasonable manner.

Potential Impact to Credit Score

Our lenders reserve the right to conduct credit checks to assess your creditworthiness, credit standing, and/or credit capacity. By submitting your request, you consent to our lenders verifying your personal information and reviewing your credit history. It’s important to note that failing to make a payment on time or missing a payment can have adverse effects on your credit score.

Collection Practices

Rocket loan.com operates solely as a loan matching service and is not involved in the debt collection process. Your lender will outline their debt collection procedures as part of the lending agreement provided to you. For inquiries regarding debt collection, please directly contact your lender for comprehensive information. Rocket loan.com exclusively collaborates with reputable lenders who adhere to fair collection practices.

Legal Disclaimer: Rocket loan.com serves as a platform connecting borrowers with lenders or lending partners, and thus the specific terms and conditions of the individual lender or lending partner will govern any loan obtained by a borrower. We receive compensation from these lenders or lending partners for facilitating connections, and such compensation may impact the offers presented to you. Any displayed APR, loan amounts, interest rates, or other loan details are estimations only, and actual amounts will vary depending on the lender or lending partner and the borrower. Please be aware that certain lenders or lending partners may conduct credit checks as part of their approval process. The lender or lending partner you are connected with may not provide the most favorable terms, so borrowers should thoroughly compare all available options before making a decision. Additionally, you may be connected with a tribal lender, whoserates and fees could be higher than those of state-licensed lenders and are subject to federal and tribal regulations, not state laws. THE OWNERS AND OPERATORS OF THIS WEBSITE ARE NOT LENDERS; they do not act as loan brokers or make lending decisions. Nothing on this website constitutes an offer or solicitation to lend. Any information you provide on this site will be shared with a lender or lending partner. The operator of this website is not an agent, representative, or broker of any lender or lending partner and does not endorse or charge fees for any services or products.

Availability: Personal loan lenders are subject to the rules and regulations of each state. Your loan amount, APR, and repayment term will vary depending on factors such as your creditworthiness, the state you reside in, and the specific lender or lending partner.

Material Disclosure: The operator of this website does not function as a lender, loan broker, or agent for any lender or loan broker. This website does not constitute an offer of credit nor a solicitation to lend. We have no affiliation with any lender and operate solely as an advertising referral service for lenders who may offer loans ranging from $250 to $3000. There are no fees associated with using our services. When you submit a loan request on this website, it will be shared with one or more lenders. However, there is no guarantee of connection with a lender, approval of your loan request, or an offer for the requested loan amount. Lenders may conduct a credit check to assess your creditworthiness or verify your information. Any compensation received by us is solely from lenders and other advertising partners for the advertising services we provide. It’s important to note that short-term, small-dollar loans should not be relied upon as a long-term solution to financial difficulties.

Loan Renewal Policies

Loan renewal options may not always be offered. Hence, it’s recommended to confirm the availability of this option with your lender. Prior to signing any documents, it’s crucial to thoroughly read and comprehend the renewal policy outlined in the agreement.

Footnotes

(*) The average time taken to complete the online loan offer process, submit your details, and receive a loan offer decision if approved is three minutes.

(**) Once approved, your cash could be sent within 15 minutes. However, the time it takes for the cash to be received in your account will depend on your bank’s policies and procedures.

(***) While certain providers may advertise rates ranging from 4.95% to 35.99% APR, it’s important to note that such low rates are typically available only to specific customers. The repayment terms mentioned are applicable to closed-end loan products and may not represent all loan products offered within our network.