Getting a payday advance seems simple, so why is there so much information in the Customer Agreements?
A. Loan Stop gives you full disclosure of all policies and fees as required by the state and federal government. The Customer Agreements contains information about the transaction cost, service fee, and dollar amount of the loan. The annual percentage rate (APR) of the loan is also included in the paperwork even though the payday loan is intended to be a short-term option. Loan Stop wants to be sure that their customers have all the relevant information to make solid financial decisions.
