Debt Resolution Loan Disclosures
Debt resolution loans are facilitated by JGW Lending, LLC (NMLS ID #2365173), originated by DR Bank, a Connecticut chartered commercial bank. All loan and rate terms are subject to eligibility restrictions, application review, credit score, loan amount, loan term, lender approval, credit usage and history. Loans are not available to residents of all states. Minimum loan amounts vary due to state specific legal restrictions. Loan amounts generally range from $5,000 to $50,000 (including the origination fee deducted from the loan proceeds) and are offered based on underwriting conditions and loan purpose. The Annual Percentage Rate (APR) is the cost you pay each year to borrow money, including fees, expressed as a percentage. An origination fee of up to 8% may be included in the principal loan amount that may result in an APR of up to 35.99%. Repayment periods range from 24 to 72 months. For example, if you require proceeds in the amount of $10,000 to settle debt, with a 36-month term at 25.99% interest rate and 7% origination fee your principal loan amount would be $10,700. Your payment will be $431.05 at 31.189% APR. Over the life of the loan, your payments would total to $15,517.90. The APR on your loan may be higher or lower and your loan offers may not have multiple term lengths available. Actual rate depends on credit score, credit usage history, loan term, and other factors. Late payments or subsequent charges and fees may increase the cost of your fixed rate loan. There is no fee or penalty for repaying a loan early.
Business Hours are in Eastern Time
Mon – Friday: 8 am – 8 pm
Sat: 9 am – 6 pm
JGW Lending, LLC is located at 1200 Morris Drive, Chesterbrook PA 19087
Equal Credit Opportunity Act Notice: The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided the applicant has the capacity to enter into a binding contract); because all or part of the applicant’s income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The Federal agency that administers compliance with this law concerning this creditor is: Federal Trade Commission, Equal Credit Opportunity Act, Washington, DC 20580.