1. Acceptance of Terms
By accessing longlakeloans.com and submitting a loan application, you agree to these Terms of Service. LongLake Loans operates from its headquarters at 626 Wilshire Blvd - 5th Floor, Ste 575, Los Angeles, CA 90017.
2. Eligibility
You must be at least 18 years of age, a legal resident of the United States, and possess a valid US checking account to apply.
3. Application Process & Funding
Submission of an application does not guarantee loan approval. Approvals are contingent upon successful banking verification, a live underwriter specialist call, and execution of a final loan agreement. While funds are typically transferred within 24 to 48 hours, technical or verification delays may extend processing times.
4. Fees & Repayment
LongLake Loans charges $0 origination fees, $0 application fees, and $0 prepayment penalties. Late payments incur a fee of $15 or 5% of the unpaid amount, and returned payments incur a $15 fee.
5. Dispute Resolution & Arbitration
Any disputes arising from these Terms or your loan agreement will be resolved through binding arbitration in Los Angeles County, California, rather than in court, waiving the right to a class-action lawsuit.