S.O.S. LOANS, INC.
CALIFORNIA FINANCING LAW (CFL) INITIAL BORROWER DISCLOSURE
Lender / Broker: S.O.S. Loans, Inc.
NMLS ID: 2222125 | DFPI CFL License No.: 603F428
Physical Address: 3655 Torrance Blvd, Suite 460, Torrance, CA 90503
Toll-Free: 1-800-503-6648 | Email: [email protected]
1. Mandatory California Regulatory Notices
"FOR INFORMATION CONTACT THE DEPARTMENT OF FINANCIAL PROTECTION AND INNOVATION, STATE OF CALIFORNIA."
"Loans made or arranged pursuant to a California Financing Law license."
This electronic disclosure is provided to you prior to application submission pursuant to California Financial Code § 22000 et seq. and the regulations of the California Department of Financial Protection and Innovation (DFPI).
2. Application Status & Underwriting Review
Inquiry Only: Submitting this online application is an application for credit. It does not constitute a formal loan commitment, binder, or rate-lock agreement.
Licensing Authority: S.O.S. Loans, Inc. is authorized to make and arrange personal loans under DFPI CFL License No. 603F428.
Credit Evaluation: Final credit approval, credit limit or loan amount, Annual Percentage Rate (APR), repayment terms, and origination fees are subject to underwriting review, including identity verification, credit report evaluation, income confirmation, and debt-to-income qualification.
3. Prepayment Rights & Future Disclosures
No Prepayment Penalties: In accordance with the California Financing Law, all loans originated by S.O.S. Loans, Inc. may be prepaid in whole or in part at any time without penalty or fee.
Closing Disclosures: If approved, you will receive itemized Truth in Lending Act (TILA) disclosures, an itemization of the amount financed, and a formal Promissory Note setting forth all payment schedules and finance charges before your loan is finalized.
4. Credit Report Authorization
By checking the acknowledgment box and clicking the submission button, you authorize S.O.S. Loans, Inc. under the Fair Credit Reporting Act (FCRA) to obtain consumer credit reports and verify your financial and identity records through third-party reporting agencies.
5. Regulatory Contact Information
Department of Financial Protection and Innovation (DFPI)
Toll-Free: 1-866-275-2677 (1-866-ASK-DFPI)
Website: www.dfpi.ca.gov
Address: 2101 Arena Boulevard, Sacramento, CA 95834
6. Electronic Acknowledgment & Signature Binding
By selecting the checkbox next to this disclosure and clicking the "Submit Application" button, you certify that:
You have accessed, opened, and reviewed this California Financing Law Initial Borrower Disclosure.
You intend your electronic checkbox selection and button click to serve as your legally binding electronic signature under the federal E-SIGN Act ($15\text{ U.S.C. }\S\ 7001$) and California UETA (Cal. Civ. Code § 1633.1 et seq.).
Your electronic submission constitutes authorization for credit review and confirmation of the statements herein.