Fairness & Transparency Statement
DriverLoan USA strives to provide our consumers with the greatest
level of fairness and transparency possible.
And to do so, we:
Our Cash Advances are intended for short term needs.
Our product has been created to get our drivers the funds needed to solve an immediate need and get back on the road making money.
Right to Retract
If you decide you do not want the cash advance being offered after being approved, you can retract the cash advance with no charge as long as you return the full amount received within 24 hours.
Transparency of Cost
The cost of the cash advance will always be clearly explained on our website, over the phone, and in the document. Late fees, may apply as outlined in your cash advance agreement. If you fail to pay the cash advance on time, we will NOT charge you hidden fees or any other charges that are not fully disclosed in your agreement.
No payment/ Late payment
If we fail to receive a payment on the corresponding date, we will attempt to contact you by the authorized methods. (phone calls, emails, and website notifications and text messages) to arrange payment.
Delinquent accounts may be placed or sold to third party collection agencies that follow the FDCPA.
We will not refinance or renew a cash advance at any point, under any condition.
We follow the law
1. Truth in Lending Act (TILA)
2. The Electronic Fund Transfer Act (EFTA)
3. The Gramm-Leach-Bliley Act (GLBA)
4. The Equal Credit Opportunity Act (ECOA)
Please don’t hesitate to contact us at [email protected] to clarify any doubts or questions you may have. We try our best to respond to emails and messages as soon as possible.