Educating Consumers for Smart Financial Decisions
At USA Everyday Life, we believe in empowering consumers to make informed and responsible financial choices. Our goal is to protect individuals from unethical personal lenders and other businesses that engage in unlawful and predatory lending practices.
Trust and Transparency
USA Everyday Life adheres to the highest standards of transparency and ethical conduct. Our policies comply with fair lending laws, including the Truth in Lending Act. Before entering into any loan agreement, your lender must provide you with clear, written details (which may be electronically delivered) outlining all fees, interest rates, charges, rollover costs, and other important information. Visit the Rates and Fees section of our website to learn more about current regulations and laws in your state.
Fair Lending Practices
USA Everyday Life promotes fair lending practices as outlined in the Dodd-Frank Wall Street Reform Act. The Consumer Financial Protection Bureau (CFPB) enforces these regulations, ensuring that lenders engage in ethical practices, ensuring fairness for all borrowers.
State-Specific Regulations
USA Everyday Life encourages all lenders to follow both federal and state lending regulations. These include compliance with state laws on interest rates, maximum loan terms, rollover limits, fees, and mandatory cooling-off periods between loans. Some lenders, particularly those affiliated with federally recognized Indian Tribes, operate as sovereign nations and may not be required to adhere to local lending laws. However, they are still bound by federal laws such as the Truth in Lending Act.
