Consumer Advisory Notes
Consumer Advisory Notes: We encourage all visitors of the site to read our notes outlined below. We aim to provide information about the risks associated with irresponsible borrowing specifically related to payday loan products. Although we do not provide financial advice (none of the content on this site should be contrued as such), the aim is to protect you as a consumer before making any decisions.
Implications of late payment
Payday advances should be used for short-term borrowing needs only, where you are able to payback the loan within 30 days. We work with numerous lenders all of which have their own separate terms and conditions. We advise that you contact the lender you are matched with if you anticipate that you will be late with your payment. Late payment charges may apply (subject to the lender you are matched with). I you need to extend the loan then it is advised that you pay the finance charge for the original loan on the due date.
Implications of non-payment
Payday advances should be used for short-term borrowing needs only, where you are able to payback the loan within 30 days. We work with numerous lenders all of which have their own separate terms and conditions. The implications of late payment are specific to the lender you are matched with so be sure to read carefully the terms outlined by the lender you have been matched with. It is advised that you contact the lender directly if you foresee an issue with paying back your loan.
Code of practice/policy on responsible lending
We work with over 30 lenders, all of which are committed to responsible lending. All lenders that we work with are committed to:
1. Ensuring that any loan offered is specific to the borrowing needs of customers
2. Assessing each customer individually as to whether they are able to repay a loan
3. Provide clear and concise contracts and lines of communication
4. Maintain high levels of customer service and satisfacation
Disclosure of fees including the annual percentage rate (APR)
There are no upfront fees when applying for a payday loan and our loan matching service is free. If you are matched successfully with a lender then you are provided with the opportunity of entering a borrowing agreement with that specific lender. Please be sure to read the terms and conditions specified by the lender.
If you do not qualify for a payday loan then we may redirect you to an alternative solution where you may be charged for an up-front fee or membership fee by the company that we redirect you to. If you do not wish to pay such fees then we advise you search the internet for alternative options.
CCC works with numerous lenders all of whom have their own specific renewal policies. It is advised that you read the terms and conditions specified by the lender you are matched with. Should you have any questions, kindly contact the lender you are matched with directly.