These disclosures are designed to help you fully understand how Loans Bear operates and what to expect when you use our loan-matching service. Please read them carefully before submitting an application.
Loans Bear is not a lender. We are a loan-matching platform that connects you with a network of licensed third-party lenders. We do not make loans, do not service loans, and do not collect any payments from borrowers.
Loan decisions, terms, rates, and funding are determined solely by the lender you choose to work with. Loans Bear has no influence over a lender's credit decisions or loan terms.
Annual Percentage Rates (APRs) in our lender network typically range from:
Your exact APR depends on your credit profile, income, loan amount, term length, state of residence, and the specific lender's policies. The APR and total cost of your loan will always be disclosed to you in writing before you sign any loan agreement.
Representative example: A $1,000 loan with a 19.99% APR and a 12-month term would have a monthly payment of approximately $92.69 and a total cost of $1,112.28 (interest paid: $112.28).
Submitting an application through Loans Bear results in a soft credit inquiry, which does not affect your credit score.
If you accept a final loan offer from a lender, that lender may perform a hard credit inquiry, which can have a small, temporary impact on your credit score. The lender will disclose this clearly before any hard inquiry is performed.
Late or missed payments may be reported to one or more major credit bureaus, which can negatively affect your credit score. Conversely, consistently on-time payments may help build your credit profile.
All repayment terms — including due dates, payment amounts, late fees, and methods of payment — are set by your chosen lender and disclosed in your loan agreement. Common terms include:
If you anticipate trouble making a payment, contact your lender as soon as possible — most are willing to work with borrowers on adjusted schedules or hardship plans.
Loans Bear strongly discourages loan renewals or rollovers, which can lead to a cycle of debt. Some lenders in our network may offer loan extensions in genuine hardship situations, but these will always come with full disclosure of additional fees and interest.
Our partner lenders are required to make refinancing options clear and to offer alternative repayment plans where applicable.
When you accept a loan offer, you will typically authorize the lender to electronically debit your designated checking account for scheduled payments. This authorization is established in your loan agreement with the lender and can be revoked at any time by providing the lender with three business days' written notice — though you will still be responsible for paying back the loan via another approved method.
Loan availability and terms vary significantly by state due to local lending laws. The following states may have restrictions or special requirements:
If you have specific questions about lending in your state, your chosen lender's customer service team can provide detailed state-specific information.
Loans Bear earns a referral fee from lenders when we successfully match them with a borrower. This referral fee never increases the cost of your loan or affects the terms offered to you. Our matching algorithm is designed to surface offers based on your eligibility and likely approval — not on the size of the referral fee.
We may also have marketing partnerships with comparison websites, financial bloggers, and content publishers. All such partnerships are disclosed on our partner pages where applicable.
If you believe a lender in our network has engaged in unfair, deceptive, or unlawful conduct, we want to know. Please report concerns to [email protected] and we will investigate promptly.
You may also file complaints with the Consumer Financial Protection Bureau (CFPB) at consumerfinance.gov or with your state's banking regulator.
Get in touch with our team, or apply for $100 to $5,000 with confidence — soft credit check only, no hidden fees, no obligation.