Little Lake Lending Terms of Service

1. Acceptance of Terms

By accessing or using Little Lake Lending's website, services, or applying for a loan, you agree to be bound by these Terms of Service and all applicable laws and regulations. If you do not agree with any of these terms, you are prohibited from using or accessing our services.

2. Description of Services

Little Lake Lending Finance provides the following financial services:

• Personal loan origination and servicing
• Business loan facilities and financing
• Mortgage lending and refinancing services
• Debt consolidation solutions
• Financial education and consultation
• Online loan management tools and resources

3. Eligibility Requirements

3.1 General Eligibility

To use Little Lake Lending services, you must:

• Be at least 18 years of age
• Be a legal resident of the United States
• Have the legal capacity to enter into a binding contract
• Provide accurate and complete information
• Meet our creditworthiness and income requirements

3.2 Loan-Specific Requirements

Additional requirements may apply based on the type of loan or service requested. Little Lake Lending reserves the right to verify all information and may request additional documentation.

4. Application Process and Approval

4.1 Application Submission

When you submit a loan application to Little Lake Lending:

• You authorize us to obtain credit reports and verify information
• You certify that all information provided is accurate and complete
• You understand that false information may result in application denial
• You agree to provide additional documentation as requested

4.2 Approval and Funding

Little Lake Lending makes lending decisions based on:

• Credit history and score
• Income verification and stability
• Debt-to-income ratio
• Loan purpose and amount requested
• Other relevant financial factors

5. Loan Terms and Conditions

5.1 Interest Rates and Fees

Little Lake Lending loan terms include:

• Annual Percentage Rate (APR) based on creditworthiness
• Origination fees, if applicable
• Late payment fees and charges
• Prepayment terms (no penalties on personal loans)

5.2 Repayment Obligations

Borrowers are required to:

• Make payments according to the agreed schedule
• Maintain current contact information
• Notify Little Lake Lending of financial hardship
• Keep loan collateral (if applicable) in good condition

6. Website and Technology Use

6.1 Permitted Use

You may use Little Lake Lending's website and technology for:

• Researching loan products and services
• Submitting loan applications
• Managing your loan account
• Accessing educational resources

6.2 Prohibited Activities

You may not:

• Use our services for illegal purposes
• Attempt to gain unauthorized access to our systems
• Submit false or misleading information
• Interfere with website functionality
• Violate any applicable laws or regulations

7. Privacy and Data Protection

Your privacy is important to Little Lake Lending. Our collection, use, and protection of your personal information is governed by our Privacy Policy, which is incorporated into these Terms by reference. By using our services, you consent to our privacy practices as described in our Privacy Policy.

8. Default and Collections

8.1 Default Events

You will be in default if you:

• Fail to make required payments when due
• Provide false information in your application
• Violate any provision of your loan agreement
• File for bankruptcy or become insolvent

8.2 Collection Actions

In the event of default, Little Lake Lending may:

• Declare the entire loan balance immediately due
• Report delinquency to credit bureaus
• Engage collection agencies or attorneys
• Pursue legal remedies available under law

9. Limitation of Liability

Little Lake Lending's liability is limited to the maximum extent permitted by law. We are not liable for:

• Indirect, incidental, or consequential damages
• Lost profits or business opportunities
• Technical failures or system downtime
• Third-party actions or services

10. Dispute Resolution

10.1 Arbitration Agreement

Any disputes arising from or relating to your relationship with Little Lake Lending will be resolved through binding arbitration, except where prohibited by law. This includes claims related to:

• Loan terms and conditions
• Collection activities
• Website use and privacy
• Regulatory compliance

10.2 Class Action Waiver

You waive the right to participate in class action lawsuits against Little Lake Lending, except where such waivers are prohibited by applicable law.

11. Regulatory Compliance

Little Lake Lending operates in compliance with federal and state regulations, including:

• Truth in Lending Act (TILA)
• Fair Credit Reporting Act (FCRA)
• Equal Credit Opportunity Act (ECOA)
• Fair Debt Collection Practices Act (FDCPA)
• Gramm-Leach-Bliley Act (GLBA)
• State licensing and usury laws

12. Modifications to Terms

Little Lake Lending reserves the right to modify these Terms of Service at any time. Changes will be effective upon posting to our website. Continued use of our services after changes constitutes acceptance of the modified terms.

For existing loans, material changes to terms will be communicated according to applicable law and loan agreement provisions.

13. Termination

Little Lake Lending may terminate or suspend your access to our services at any time for:

• Violation of these Terms of Service
• Fraudulent or illegal activity
• Failure to meet ongoing eligibility requirements
• Other reasons permitted by law

14. Governing Law

These Terms of Service are governed by the laws of the state where Little Lake Lending is headquartered, without regard to conflict of law principles. Federal law may also apply to certain aspects of our lending operations.

15. Severability

If any provision of these Terms is found to be unenforceable, the remaining provisions will continue in full force and effect. Little Lake Lending will replace unenforceable provisions with enforceable terms that achieve the same purpose.

16. Contact Information