Effective Date: January 1, 2025
My Lending Path operates as a free lending marketplace for consumers. This disclosure explains how our service works and how we are compensated.
My Lending Path receives compensation from lenders and other financial service providers within our network when a consumer submits a loan request and is connected with a lender. The compensation we receive may influence which lenders we feature or prioritize on our platform. However, we do not charge consumers any fee for using our service.
My Lending Path is not a lender and does not make credit decisions. We do not determine whether you will be approved for a loan, the loan amount, interest rate, or repayment terms. All such decisions are made solely by the lender you are connected with.
Submitting a request through our platform does not guarantee that you will receive a loan offer. Lender availability and approval criteria vary, and not all consumers will be matched with a lender.
Loan amounts, interest rates, and repayment terms vary by lender and are subject to each lender's individual qualification criteria. You should carefully review all terms and conditions of any loan offer before accepting.
Annual Percentage Rates (APRs) generally range from 5.99% to 35.99%, depending on the loan amount, term, lender, and your creditworthiness. Not all lenders can provide the maximum loan amount in all states.
Submitting a request through My Lending Path does not impact your credit score. However, lenders may perform their own credit inquiries — which may be soft or hard inquiries — as part of their approval process.
Loan amounts range from $100 to $5,000. Repayment terms typically range from 3 to 84 months. APRs generally range from 5.99% to 35.99%, depending on loan amount, term, and creditworthiness.
Example: A $2,500 loan with a 24-month term at 18.99% APR would have monthly payments of approximately $126 and a total cost of $3,024.
My Lending Path
501 Carr Rd, Wilmington, DE 19809
Phone: (877) 814-2901
Email: contact@mylendingpath.com