Terms & Conditions

1. Loan Agreement Terms

These Terms and Conditions constitute a legally binding agreement between you ("Borrower") and BAY CASH ADVANCE, INC. ("Lender", "we", "us", or "our") governing your use of our lending services.

1.1 Loan Products

• Personal loans ranging from $100 to $5,000
• Repayment terms from 3 to 24 months
• Annual Percentage Rates (APR) from 6.99% to 35.99%
• No prepayment penalties
• Fixed interest rates throughout the loan term

2. Eligibility Requirements

To be eligible for a loan from BAY CASH ADVANCE, you must:

• Be at least 18 years of age (19 in Alabama and Nebraska)
• Be a U.S. citizen or permanent resident
• Have a valid Social Security Number
• Have a regular source of income (minimum $1,000/month)
• Have an active checking account
• Have a valid email address and phone number
• Reside in a state where we operate

3. Application Process

3.1 Information Required

When applying for a loan, you will need to provide:

• Personal identification information
• Employment and income verification
• Banking information for direct deposit
• References and contact information

3.2 Approval Process

Applications are typically processed within 5 minutes during business hours. Approval is based on various factors including creditworthiness, income verification, and ability to repay.

4. Repayment Terms

4.1 Payment Schedule

Payments are due on the dates specified in your loan agreement. You may choose from the following payment frequencies:

• Monthly (most common)
• Bi-weekly
• Semi-monthly

4.2 Payment Methods

Payments can be made via:

• Automatic ACH withdrawal (recommended)
• Debit card payment online
• Phone payment
• Check or money order by mail

5. Default and Collections

If you fail to make payments as agreed:

• Late fees will be assessed after the grace period
• Your account may be reported to credit bureaus
• We may attempt to collect the debt through various legal means
• Your account may be sent to a collection agency
• Legal action may be taken to recover the debt

6. Privacy and Security

We are committed to protecting your personal information. Please review our Privacy Policy for details on how we collect, use, and protect your data.

• All data is encrypted using SSL technology
• We never sell your personal information
• Access to your information is restricted to authorized personnel only
• We comply with all applicable data protection laws

7. Dispute Resolution

7.1 Arbitration Agreement

Any disputes arising from these Terms shall be resolved through binding arbitration in accordance with the rules of the American Arbitration Association.

7.2 Class Action Waiver

You agree to waive any right to participate in a class action lawsuit against BAY CASH ADVANCE, INC.

8. Contact Information

For questions about these Terms & Conditions:

• Phone: (561) 555-0124
• Email: support@dtloan.org
• Mail: BAY CASH ADVANCE, INC., 9270 Vedra Pointe Ln, Boca Raton, FL 33496

9. Modifications

We reserve the right to modify these Terms & Conditions at any time. Changes will be effective immediately upon posting to our website. Your continued use of our services constitutes acceptance of any modifications.