Loan Disclosures

Three Sticks Lending is Not a Lender

Three Sticks Lending is a connection service that helps match prospective borrowers with lenders who may offer personal installment loans. We are not a lender, do not make credit decisions, and do not determine loan terms, interest rates, or fees.

When you submit a loan request through our website, we share your information with lenders and service providers in our network. These lenders independently evaluate your application and may choose to offer you a loan based on their own criteria.

Loan Amounts and Terms

Lenders in our network may offer personal installment loans with the following general parameters:

Note: These ranges represent typical offerings from lenders in our network. Individual lenders set their own terms based on state regulations and borrower qualifications. Not all borrowers will qualify for the lowest rates or longest terms.

APR and Interest Rates

The Annual Percentage Rate (APR) represents the cost of your loan expressed as a yearly rate. The APR includes the interest rate plus any fees charged by the lender.

Factors That Affect Your APR

• Credit Score: Higher credit scores typically qualify for lower rates
• Income and Employment: Stable income may improve your rate
• Loan Amount: Larger or smaller loans may have different rate structures
• Repayment Term: Longer terms may result in different rates
• State of Residence: State regulations affect maximum allowable rates
• Lender Policies: Each lender has its own underwriting criteria

The APR you receive will be disclosed in your loan agreement before you accept the loan. You are never obligated to accept a loan offer.

Example Loan Scenarios

The following examples illustrate how different APRs affect the total cost of a loan. These are examples only and do not represent guaranteed terms.

These examples are for illustrative purposes only. Actual payments and costs will vary based on the specific terms offered by your lender.

Fees and Charges

Individual lenders may charge various fees in addition to interest. Common fees include:

• Origination Fees: One-time fee charged when the loan is issued
• Late Payment Fees: Charged if you miss a payment deadline
• Returned Payment Fees: Charged if a payment is returned by your bank
• Prepayment Penalties: Some lenders may charge for early repayment (not all lenders)

All fees will be disclosed in your loan agreement. There is no fee to submit a loan request through Three Sticks Lending.

Funding Timeline

Funding speed varies depending on several factors:

• Lender Approval: Each lender has its own review process
• Time of Day: Applications approved later in the day may be funded the next business day
• Your Bank: Your bank's processing times affect when funds are available
• Verification Requirements: Additional documentation may delay funding

While funding can be as soon as the same day where available, not all applicants will qualify for same-day funding. Most borrowers receive funds within 1-3 business days after approval.

Credit Inquiries

Soft Inquiries

When you submit a loan request, we and our network lenders may perform a soft credit inquiry to evaluate your creditworthiness. Soft inquiries do not affect your credit score and are not visible to other lenders.

Hard Inquiries

If you choose to proceed with a lender's offer and complete the full application process, the lender will typically perform a hard credit inquiry. Hard inquiries may temporarily lower your credit score by a few points and will be visible to other lenders who review your credit report.

Multiple Inquiries

When shopping for a loan, multiple inquiries within a short time period (typically 14-45 days) are often counted as a single inquiry by credit scoring models. This minimizes the impact on your credit score.

State Availability

Our loan connection services are currently available to residents of most US states. However, we do not currently serve residents of the following states:

• New York (NY)
• Arkansas (AR)
• West Virginia (WV)
• Vermont (VT)

State regulations vary, and some lenders may have additional state restrictions. The availability of loan offers and specific terms may differ based on your state of residence.

Loan Repayment

Payment Methods

Most lenders offer convenient repayment options including:

• Automatic bank account deduction (ACH)
• Online payments through the lender's portal
• Phone payments
• Check or money order (some lenders)

Payment Schedules

Installment loans typically require regular payments on a fixed schedule (monthly, bi-weekly, etc.). Your payment schedule will be specified in your loan agreement.

Early Repayment

Many lenders allow you to pay off your loan early without penalty, which can save you money on interest. However, some lenders may charge prepayment penalties. Check your loan agreement for details.

Missed Payments

Missing payments can result in:

• Late fees
• Negative impact on your credit score
• Collection activities
• Additional interest charges
• Potential legal action

If you're having trouble making a payment, contact your lender immediately. Many lenders offer hardship programs or alternative arrangements.

Responsible Borrowing

Before accepting a loan offer, consider:

• Affordability: Can you comfortably afford the monthly payments?
• Total Cost: How much will you pay in interest and fees over the life of the loan?
• Alternatives: Are there other options that might cost less?
• Purpose: Is the loan for a necessary expense or can it wait?
• Repayment Plan: Do you have a clear plan for repaying the loan on time?

Borrow only what you need and can afford to repay. Taking on more debt than necessary can lead to financial hardship.

Consumer Rights and Protections

As a borrower, you have important rights including:

• The right to receive clear disclosure of all loan terms before signing
• The right to review and understand the loan agreement
• The right to cancel within applicable cooling-off periods (varies by state)
• Protection from discrimination under the Equal Credit Opportunity Act
• The right to dispute inaccurate information with credit bureaus
• Protection from unfair collection practices under the Fair Debt Collection Practices Act

Complaints and Disputes

If you have a complaint about a lender or believe your rights have been violated, you can:

• Contact the lender's customer service department
• File a complaint with the Consumer Financial Protection Bureau (CFPB) at consumerfinance.gov
• Contact your state's Attorney General or financial regulatory agency
• Seek legal advice from a consumer rights attorney

For issues related to our connection service, contact us at contact@threesticks-lending.com.

Important Reminders

Questions?

If you have questions about loan terms, disclosures, or the loan request process, please contact us:

Three Sticks Lending
Email: contact@threesticks-lending.com
We respond within 24 hours (Mon–Fri)