Terms of Use

1) Loan Terms: APR, Repayment & Fees

1.1 APR Range

The Annual Percentage Rate (APR) is the yearly cost of borrowing, shown as a percentage. It includes interest and any eligible fees required by your lender.

APR for financial products you can access through the Paydey Cash Advance: Peak Loan mobile application (the "App") can be up to 35%.

Your offered APR depends on several factors, including:

• Your credit profile and history
• The amount you request
• The repayment term you choose
• Your state's laws and regulations
• The lender's underwriting criteria

You'll always see your final APR and key costs before accepting any offer. Paydey Cash Advance: Peak Loan requires its lending partners to follow all federal and state pricing disclosure laws.

1.2 Repayment Periods

Repayment terms vary by lender and product. Typical periods range from about 3 months (90 days) to 24 months (2 years).

Before agreeing to any loan, you'll receive a repayment schedule showing:

• Number of payments
• Amount of each payment
• Payment due dates

1.3 Payment Frequency & Methods

Payments are generally made in fixed, scheduled installments on set dates. Depending on your lender and product, payments may be weekly, biweekly, semi‑monthly, or monthly.

Repayment is typically done by electronic transfer (ACH debit) from your verified bank account. Some lenders may offer other options—your agreement will explain what's available.

You're responsible for keeping enough funds in your account on each due date to avoid late fees or other charges.

1.4 Fees & Other Charges

Any fees tied to your offer—such as origination fees, late payment fees, returned payment or NSF charges, or expedited funding fees (if offered)—will be clearly disclosed before you accept. Paydey Cash Advance: Peak Loan and its partners follow all laws that limit or regulate fees.

There are no hidden fees. You'll always get a chance to review the total cost of credit, including interest and fees, before agreeing to any loan or advance.

1.5 Early Repayment

Most products available through the App let you pay off your balance early without a prepayment penalty. Paying early may reduce the total interest you pay.

Policies vary by lender and state, so check your specific agreement for details on early payoff.

1.6 Example Cost Disclosures

Before finalizing any loan, you'll receive a standardized cost disclosure (like a Truth‑in‑Lending disclosure). This document will clearly show:

• APR
• Finance charges
• Total amount you'll pay
• Number of payments and due dates

Review this carefully—it's the legally binding cost and repayment structure for the product you choose.

2) Your Agreement to These Terms

These Terms of Use ("Terms") are a binding contract between you ("you," "your," or "User") and Paydey Cash Advance: Peak Loan ("we," "us," or "our"). They govern your access to and use of the Paydey Cash Advance: Peak Loan mobile application, website, and related services (together, the "App").

By downloading, installing, registering for, or using the App, you confirm:

• You're at least 18 years old (or the age of majority in your state)
• You're a lawful U.S. resident
• You can enter into legally binding agreements

By using the App, you acknowledge that you've read, understood, and agree to these Terms and our Privacy Policy. If you do not agree, stop using the App immediately.

If we update these Terms, your continued use after changes take effect means you accept the updated Terms.

3) Purpose of the App & Service Overview

The Paydey Cash Advance: Peak Loan App is a secure, convenient platform where you can explore and compare potential financial offers that may fit your needs. Through the App, you can submit a brief request with personal, employment, and banking details and get matched with participating lenders who may present offers tailored to your profile.

You enter your info once, and we securely share it with participating institutions that follow applicable laws. You'll always have a chance to review loan terms before deciding. Any loan agreement, funding, or repayment plan is made directly between you and the lender.

Paydey Cash Advance: Peak Loan:

• Provides the technology platform
• Handles secure data transmission
• Offers App-related customer support

Paydey Cash Advance: Peak Loan does not control or guarantee:

• The lender's approval decision
• Your interest rate or APR
• The repayment schedule or exact terms
• The lender's customer service policies

Those are set solely by the lender offering the product.

4) Eligibility & Your Responsibilities

To create and keep an account on the App, you must meet these requirements:

• You're at least 18 (or the age of majority in your state)
• You're a U.S. citizen or permanent resident
• You have a valid Social Security number or other ID required by law
• You have an active checking account in your name
• You have a verifiable source of income
• Your info is accurate, complete, and current
• You'll use the App only for lawful, personal, non-commercial purposes

You're responsible for keeping your login credentials safe. If you suspect unauthorized access, contact us at [email protected].

We may suspend or close any account that breaks these Terms, violates laws, or appears involved in fraud or abuse.

5) Electronic Communications & Your Consent

By using the App, you agree to receive electronic communications from us and, where applicable, our partners. These may include emails, text messages (SMS), in‑app notifications, and electronic documents and disclosures.

You understand that electronic records and signatures have the same legal effect as paper documents and handwritten signatures.

You can withdraw consent by contacting [email protected]. However, you may lose access to certain App features or be unable to complete future transactions. Even after withdrawing consent, we may still send legally required communications (like important updates to these Terms).

6) Account Creation, Access & Maintenance

Some App features require an account. When registering, you agree to:

• Provide true, accurate, and verifiable information (like name, contact details, and bank info)
• Update your info if anything changes

You must not:

• Share your login credentials
• Use another person's identity or account
• Misrepresent your information

We may verify your identity at any time. If we suspect fraud or unauthorized use, we may suspend, limit, or close your access.

7) Data Accuracy & Authorization

By submitting information through the App, you authorize Paydey Cash Advance: Peak Loan to:

• Collect and process your information
• Transmit it to participating lenders and service providers
• Use third-party tools to verify your identity, income, and bank account

You represent that all info you provide is truthful, current, and complete. False or misleading info may result in denial of your request, account suspension or closure, and possible legal action.

8) Fees, Payments & Our Compensation

Paydey Cash Advance: Peak Loan does not charge you to download or use the App. It's free for users seeking offers.

However, Paydey Cash Advance: Peak Loan may receive a referral fee, marketing fee, or other compensation from a lender or partner if you get connected through the App and/or take out a loan or other product through that partner.

Any compensation we get does not change the terms of your offer. Our partners must follow all lending and consumer protection laws.

9) Permitted Use & Prohibited Activities

You agree to use the App only in ways that follow these Terms and the law. You may not:

• Use the App illegally
• Try to gain unauthorized access to App systems or data
• Use bots, scrapers, or automated tools to collect data
• Upload viruses or harmful code
• Reverse-engineer or copy App code
• Modify or distribute App content without written permission
• Send spam or unsolicited messages

Violations may lead to immediate account termination and legal liability.

10) Service Changes & Availability

We're always improving the App. So Paydey Cash Advance: Peak Loan may, anytime without notice: add, change, or remove features; temporarily or permanently suspend the App; or perform maintenance affecting availability.

We're not responsible for losses or inconvenience from service interruptions or changes.

11) Intellectual Property

All App content and technology—including text, logos and branding, graphics, software, code and design, and data compilations—are owned by Paydey Cash Advance: Peak Loan or its licensors and protected by intellectual property laws.

You get a limited, non-exclusive license to use the App for personal, lawful use under these Terms. Unauthorized use, reproduction, or distribution is prohibited.

12) Disclaimers

The App and all related info and services are provided "as is" and "as available." To the fullest extent allowed by law, Paydey Cash Advance: Peak Loan makes no warranties about accuracy, reliability, or completeness and does not guarantee uninterrupted, error‑free, or secure access. We disclaim all warranties, including merchantability, fitness for a particular purpose, and non‑infringement.

You use the App at your own risk.

13) Limitation of Liability

To the maximum extent allowed by law, Paydey Cash Advance: Peak Loan and its affiliates, officers, and employees will not be liable for any indirect, incidental, special, or punitive damages, or lost profits, revenue, data, or goodwill arising from your use of the App—even if we were advised such damages might occur.

If liability is found despite this, our total liability to you will not exceed one hundred U.S. dollars (USD $100). Some states don't allow these limitations, so parts may not apply to you.

14) Indemnification

You agree to defend, indemnify, and hold harmless Paydey Cash Advance: Peak Loan and its officers, employees, and partners from any claims or expenses (including legal fees) arising from your use or misuse of the App, your violation of these Terms, your violation of any law, or your violation of another's rights.

15) Governing Law & Dispute Resolution

These Terms are governed by the laws of the State of Delaware, without regard to conflict‑of‑law rules.

Any dispute relating to these Terms or your App use will be resolved through individual binding arbitration under the Federal Arbitration Act, not in court. You agree: no class actions or representative proceedings; you may only bring claims individually.

If arbitration isn't available, disputes go exclusively to state or federal courts in Delaware, and you consent to their jurisdiction.

16) Termination

We may, at our sole discretion and without notice, suspend or close your access if we believe you've violated these Terms or the law, or your use harms us, our partners, or other users. You can stop using the App anytime by deleting it and closing your account.

Sections that should survive termination (like liability limits and dispute resolution) will continue to apply.

17) Changes to These Terms

Paydey Cash Advance: Peak Loan may update these Terms. When we do, we'll update the "Effective Date" at the top. For material changes, we may provide extra notice—like in‑app notifications or email.

Continued use after changes take effect means you accept the revised Terms. If you don't agree, stop using the App.

18) Contact Information

Questions or feedback? Contact us at:

Loan Peak Powder, LLC
Phone: +1 (478) 559-6646
Website: https://loanpeakpowder.com
Email: [email protected]
Address: 4220 Normandy Ave, Dallas, TX 75205