Editorial policy

What we publish

Lendmira explains US consumer borrowing in plain language:

• Loan types, such as personal loans, auto loans and home equity lines, with what they cost and when they make sense;
• Loans by credit level, from no credit history to excellent credit;
• State law pages for all 50 states and Washington, D.C., covering rate caps, payday and title loans, debt collection deadlines and wage garnishment;
• Guides to the borrowing process, such as APR versus interest rate;
• Debt help, from payoff strategies to your rights with debt collectors;
• Calculators and a log of law and rate changes.

We write for borrowers, not for lenders. That includes telling you when a loan is a poor fit, when a cheaper option exists, or when not borrowing is the better choice.

Independence from lenders

Lenders and loan brokers pay Lendmira for rate requests, as How we make money explains. They have no say in what we write:

• No lender or broker pays for coverage, reviews or approves a page before it goes live, or can ask us to change or remove a fact.
• We do not rank or recommend individual lenders, and payment does not change any rate, range or example on the site.
• Calculator results depend only on the numbers you enter and the published method on How the calculators work.
• Pages that end with a rate check do so because the topic is about borrowing, not because of who pays.

If we ever publish content that a company paid for, we will label it clearly on the page itself.

Where our facts come from

We rely on primary sources first:

• federal and state statutes and regulations;
• federal agencies, including the Consumer Financial Protection Bureau, the Federal Trade Commission, the Federal Reserve, the FDIC, the NCUA, the SBA and HUD;
• state financial regulators, attorneys general and court decisions;
• lenders’ own published rate ranges, fees and disclosures, for what a loan actually costs.

We use commercial market data only when no official source covers a point, and we name it on the page. We do not use lender advertising as a source for legal facts.

Every article lists the sources it relies on and the date we checked them. Examples on our pages, such as a $10,000 loan at 12% APR, are built to show the math and are labeled as examples. We do not invent people, quotes, studies or statistics.

How every page is checked

Before a page goes live, and whenever it changes:

1. Every fact, figure and legal statement is checked against a primary source. A claim we cannot confirm is either removed or described without the number.
2. The calculations in the text are recomputed with the same method our calculators use.
3. Rates and credit ranges are checked against the figures used across the site, so one page does not contradict another.
4. Links are tested, and each source is recorded with the date we checked it.

Articles are published under the byline of the Lendmira Editorial Team, which is responsible for every page.

Dates and updates

Each page shows when it was last updated, and its source list shows when the facts were checked. We review rate figures when the Federal Reserve publishes new consumer credit data, and we review state pages when we learn of a new law, rule or court decision. Significant changes are logged on Law and rate changes.

Corrections

If you spot an error, an outdated law or a calculator result that looks wrong, please tell us on the contact page. We check every report against the source. When we confirm an error, we fix the page, update its date and, if the correction changes a figure or a legal statement in a way that matters to readers, say so on the page.

What our pages are not

Our pages are general education, not legal, tax or financial advice, and not an offer of credit. They cannot account for your full situation. Before you sign a loan, read the lender’s disclosures, and for legal questions, talk to an attorney licensed in your state.