Rates and Terms

IJLfinancial rates and charges range from 6.2500% - 151.000% APR. The interest rates on these products may be high. You should consider whether there are other lower-cost options available to you. If you have any questions concerning rates, charges or terms for any of our products, please ask our Credit managers for further information. In each case, read your loan agreement for exact terms and conditions.

Policy on Responsible Lending

IJLfinancial maintains a policy of providing consumers with the information and knowledge necessary to make informed, responsible loan decisions.

Federal Regulations

IJLfinancial promotes the informed used of consumer credit by rigidly adhering to Federal regulations requiring disclosures about loan terms and costs. Before consumers assume any obligation with IJLfinancial, they will be presented, in writing, with the exact rates, fees, and other details of their loan, as required under the Federal Truth in Lending Act.

Fair Debt Collection Practices

Where applicable, IJLfinancial undertakes all collection activity in strict compliance with the provisions of the Federal Fair Debt Collection Practices Act enforced by the Federal Trade Commission. IJLfinancial is required to follow all relevant laws, rules, and regulations. Applicable provisions of the Fair Debt Collection Practices Act prohibit the following:

• Contacting consumers by telephone before 8 a.m. or after 9 p.m.
• Contacting consumers by phone with the intent to annoy, harass, etc., or using abusive language at any time.
• Collecting debt through deception or misrepresentation.
• Threatening legal recourse when no legal action is permitted.

State Regulations

In addition to applicable Federal regulations, individual States also have numerous laws regulating business in their States. These laws include, but are not limited to, regulations regarding interest rates, fees, charges and terms.

Submitting Your Inquiry

Submitting your loan inquiry at IJLfinancial incurs absolutely no cost.  IJLfinancial provides you with options suited to your needs.

Determination of Interest Rate/Fees/Charges

As noted above, the Truth in Lending Act requires disclosures about the terms and cost of consumer credit. All rate and fee information will be disclosed to you by the Credit Manager at the location before you sign any agreement. Please review all the rate information provided to you by the Credit Manager thoroughly and completely before signing any agreement.  You are under no obligation to accept the terms provided by IJLfinancial.

Interest rates, charges, and/or fees are determined solely by IJLfinancial, with specific amounts determined based upon the information you submit and applicable law.  You are under no obligation to continue with the application process with IJLfinancial if you find the terms unsuitable.

State laws and regulations may prove a determining factor in the rates, fees, and charges determined for your loan. 

Late Payment Policy

IJLfinancial has policies regarding late payments. Review the late payment policy detailed in the documents provided to you by IJLfinancial before signing any document. IJLfinancial must abide by each State’s regulatory requirements regarding late payments.

Non-Payment Policy

Your vehicle/auto will be pledged to IJLfinancial as collateral for the loan. If you fail to repay the loan, pursuant to an agreement within the applicable time period, your vehicle may be repossessed and sold. Additional charges may also apply.

No Credit Checks

With IJLfinancial, your credit score does not affect the interest rate, fees or charges determined for your loan.