Important information about Panda Loans, our role as a loan matching service, our lender network, loan costs, credit impact, and what you should know before applying.
Panda Loans (pandaloansapply.com) operates as a free online matching service that connects consumers seeking personal or installment loans with participating lenders and lending partners. We are not a lender, broker, or agent of any lender.
Panda Loans does not:
All loan products, including amounts, APRs, repayment terms, and approval, are determined solely by the lender based on its own criteria and applicable law.
When you submit an application through our Service, we may share your information with one or more lenders in our network. These lenders may:
Not all applicants will qualify, and not all requested amounts are available.
A representative example is provided for illustrative purposes only. Actual loan terms vary by lender and applicant:
Your actual rate, monthly payment, and total cost may differ significantly based on your credit profile, the lender, your state, and the loan term you choose.
The Annual Percentage Rate (APR) represents the total annual cost of borrowing, including interest and most fees. APRs for loans in our network typically range as follows:
Fees may include origination, late payment, returned payment, and prepayment fees. All fees are disclosed in your loan agreement before you accept.
The availability and terms of loans through our Service vary by state. Some loan products may not be available in your state due to applicable law. Each lender determines its own state availability based on its licensing and regulatory requirements.
Submitting an application through Panda Loans typically involves a soft credit pull, which does not affect your credit score. However:
Failure to repay your loan on time may result in:
If you are having difficulty making payments, contact your lender immediately to discuss available options.
Loan renewal or refinance policies vary by lender. Some lenders may allow you to refinance an existing loan, while others may not. Always review your loan agreement and contact your lender directly for information about renewal or refinance options.
Short-term loans and installment loans are intended for short-term financial needs and should not be used as a long-term financial solution.
Most personal and installment loans may be used for any lawful personal purpose. Lenders typically prohibit use of loan funds for:
Specific restrictions may apply based on the lender and your loan agreement.
Panda Loans is a free service to consumers. We are compensated by the lenders and lending partners in our network when an application is successfully matched or funded. This compensation may influence which lenders we feature and the order in which they appear.
However, our compensation arrangements do not affect the accuracy or completeness of the information we provide. We strive to present each lender fairly and transparently.
Find answers in our FAQ or learn more about how it works.
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