Rates & Disclosures.

Lion Loans operates in compliance with the federal Truth in Lending Act (TILA, 15 U.S.C. §1601 et seq.) and Regulation Z (12 C.F.R. Part 1026). Before you sign any Loan Agreement, you will receive a complete Truth in Lending disclosure that includes:

• Amount Financed — the actual principal you receive.
• Finance Charge — the total cost of credit in dollars.
• Annual Percentage Rate (APR) — cost expressed as a yearly rate.
• Total of Payments — sum of all amounts you will pay back.
• Payment Schedule — exact dates and amounts of all payments.

This disclosure is provided before you sign — never after. Reviewing it carefully is your right and our obligation.

Lion Loans payday loans have a representative APR range of 99% to 599%, depending on loan amount, repayment term, state of residence, and the underwriting decision of the specific lender. APR is calculated as if the loan were repeated annually using the standard formula:

APR is most useful for comparing loans of the same term across different lenders. For short-term loans, APR can appear high because it annualizes a small dollar fee over a short period. To understand the actual cost of a short-term loan, focus on the Total of Payments figure rather than APR alone.

The table below shows representative examples of Lion Loans payday loan costs. Actual costs depend on your state, loan amount, term, and the lender's specific terms. These examples assume on-time repayment.

Standard Fees

• Application fee: $0 — we never charge to apply.
• Origination fee: typically included in the finance charge; never charged separately.
• Monthly maintenance fee: $0.
• Prepayment penalty: $0 — pay off early without penalty.

Conditional Fees

• Non-sufficient funds (NSF) fee: typically $15 – $30 per failed automatic payment, where permitted by state law.
• Late fee: varies by state; may apply if payment is more than 10 days past due.
• Expedited funding fee: optional $0 – $25 for push-to-debit transfers (otherwise free ACH).

Each state regulates payday lending independently. Lion Loans operates only in states where we hold the appropriate license and complies with each state's specific requirements. Key variations include maximum loan amounts, fee caps, minimum/maximum terms, and rollover rules.

States We Do Not Serve

Due to state restrictions on short-term lending, Lion Loans does not offer payday loans in the following states: New York, New Jersey, Vermont, Connecticut, Maryland, Pennsylvania, North Carolina, Georgia, Massachusetts, West Virginia, Arkansas, and the District of Columbia.

State-Specific Detail

Detailed state-by-state disclosure documents (maximum APR, fee caps, term limits, rollover rules) are available on request by contacting [email protected]. Your specific state's terms are also detailed in the Loan Agreement you receive before signing.

Payday loans are short-term financial tools designed for short-term needs. They are not a long-term financial solution and should not be used to cover ongoing expenses or accumulated debt.

Borrow Responsibly

• Only borrow what you can comfortably repay from your next paycheck or income cycle.
• Have a clear repayment plan before signing the Loan Agreement.
• Avoid stacking multiple short-term loans simultaneously.
• Consider lower-cost alternatives first: credit unions, employer pay advances, payment plans, family loans.

Warning Signs of Debt Trap

• Borrowing to repay another loan.
• Rolling over a loan more than once.
• Using loans for non-essential or recurring expenses.
• Feeling unable to repay without immediately needing another loan.

If any of these apply to you, contact a non-profit credit counselor before borrowing. The National Foundation for Credit Counseling (NFCC) offers free or low-cost counseling at nfcc.org or 1-800-388-2227.

If a scheduled automatic payment fails (insufficient funds, closed account, etc.), the following may occur:

• NSF fee from Lion Loans: typically $15 – $30, as permitted by state law and detailed in your Loan Agreement.
• NSF fee from your bank: typically $35, charged by your bank for processing the failed transaction.
• Late fee: if payment remains unpaid after the grace period (typically 10 days), additional late fees may apply where permitted.

To avoid these fees, ensure sufficient funds on the scheduled payment date or contact us at least 48 hours in advance to discuss payment arrangements.

By default, Lion Loans payday loans are not reported to the three major credit bureaus (Experian, Equifax, TransUnion). This means timely repayment will not directly build your credit, and missed payments will not directly hurt your credit, unless an account is sent to collections.

Opt-In Credit Reporting

You may opt in to credit reporting at application or anytime via your borrower portal. When opted in:

• On-time repayments are reported and may help build credit history.
• Late payments and defaults are also reported and may hurt your credit.
• Opt-in is recommended only if you are confident in your ability to repay on time.

Collections

If an account becomes severely delinquent and is sent to a third-party collection agency, the collection agency may report the debt to credit bureaus regardless of your reporting opt-in status.

A rollover (also called a renewal or extension) is the practice of extending a payday loan's term by paying only the fees and renewing the principal. Rollovers can dramatically increase the total cost of borrowing and contribute to debt cycles.

Lion Loans Policy

• Rollovers are strongly discouraged as a financial practice.
• Where state law permits, we may offer a single rollover or payment extension on a case-by-case basis for borrowers in genuine hardship.
• We offer alternative hardship programs (payment plans, reduced-payment arrangements) that are usually less costly than rollovers.
• Many states prohibit or strictly limit rollovers (e.g., Florida limits to 0, Illinois requires a 7-day cooling-off period, Ohio prohibits same-day rollovers).

Many states grant borrowers a right to cancel a payday loan within a specific window without penalty (often the next business day after signing). To cancel:

• Notify Lion Loans in writing (email or letter) within your state's cancellation window.
• Return the full principal amount via the original disbursement channel.
• No fees or interest will be charged for the canceled loan.

Your specific right-to-cancel terms are detailed in your Loan Agreement. Contact [email protected] to initiate a cancellation.

Lion Loans operates under state lending licenses in every state we serve. We are subject to oversight by:

• Consumer Financial Protection Bureau (CFPB) — federal-level oversight.
• Federal Trade Commission (FTC) — fair trade and advertising compliance.
• State financial regulators — state-level licensing and ongoing supervision.
• NMLS (Nationwide Multistate Licensing System) — verified registered entity.

We are also voluntary members of the Online Lenders Alliance (OLA) and accredited by the Better Business Bureau (BBB) with an A+ rating.

If you have a complaint about your Lion Loans loan or service:

1. 01 Contact Lion Loans support first. Most issues are resolved within one business day at [email protected] or by phone (number listed in your Loan Agreement).
2. 02 Escalate to your state regulator. If unresolved, file a complaint with your state's financial regulator. Contact info varies by state.
3. 03 File with the CFPB. Submit a complaint at consumerfinance.gov/complaint or call 1-855-411-2372.

For compliance-specific questions, contact [email protected].