Terms of Service

1. Acceptance of Terms

By accessing and using this website ("Site"), operated by El Paso Cash Advance, you agree to be bound by these Terms of Service. If you do not agree to these terms, please do not use the Site.

2. Service Description

El Paso Cash Advance is NOT a lender. We are not a direct lender. We are a matching service that connects borrowers with third-party lenders. We do not make credit decisions, issue loans, or determine loan rates and terms. We provide a free service to connect consumers with lenders who may offer short-term loans. We do not make credit decisions, set loan terms, or charge fees to consumers.

3. Not a Lender

We are not a direct lender. We are a matching service that connects borrowers with third-party lenders. We do not make credit decisions, issue loans, or determine loan rates and terms. The actual lender is responsible for all aspects of the loan, including the application process, approval, funding, and collections. Loan terms, including APR, fees, and repayment terms, are set solely by the lender.

4. No Guarantee of Approval

Submitting a loan request through our Site does not guarantee that you will be matched with a lender or approved for a loan. Approval is at the sole discretion of the lender and depends on the information you provide and the lender's underwriting criteria.

5. Credit Checks and Reporting

Submitting a form does not guarantee approval. Lenders in our network may perform credit checks through alternative providers or major credit bureaus to determine creditworthiness and verify your identity. By submitting your information, you authorize lenders to verify your information and perform credit checks as permitted by law.

6. APR Disclosure

APR varies by lender and state. In Texas, payday loans operate under the Credit Access Business model, meaning APRs often range from 200% to over 400% depending on fees and loan duration.

7. Financial Responsibility

Short-term loans should be used for short-term financial needs only, not as a long-term financial solution. Borrowers with credit difficulties should seek credit counseling. You are responsible for carefully reviewing the loan agreement provided by the lender before accepting any loan offer.

8. State Regulations

Loan availability, terms, and regulations vary by state. Not all lenders operate in all states. Under El Paso Ordinance No. 12-1078, payday loans are limited to 20% of your gross monthly income. Loans cannot be repaid in more than four installments, and each rollover must reduce the principal balance by at least 25%.

9. Limitation of Liability

El Paso Cash Advance shall not be liable for any damages arising from the use of this Site or any loan obtained through a lender connected via our service. All information is provided "as is" without warranty.

10. Contact

If you have questions about these Terms of Service, please contact us at [email protected].