Yes. InvestEd is operated by EDUC4ALL LENDING INC., a corporation that has been granted a lending license by the SEC. Our Certificate of Authority to Lend No. and Company Registration No. are disclosed in our Terms of Use and are also available upon request. InvestEd is also duly registered with BIR and complies with all tax requirements. Our Annual Audited Financial Statements and Income Tax Returns are available upon request for all official funders.
InvestEd is also compliant with the Truth in Lending Act (R.A. 3765). This means that we give full disclosure to all our student borrowers regarding all costs involved with their loan. This includes (1) the cash price or delivered price of the service to be acquired; (2) The amounts, if any, to be credited as down payment and/or trade-in; (3) The difference between the amounts set forth under clauses (1) and (2); (4) The charges, individually itemized, which are paid or to be paid by such person in connection with the transaction but which are not incident to the extension of credit; (5) The total amount to be financed; (6) the finance charges, and; (7) the percentage that the finance bears to the total amount to be financed expressed as a simple annual rate on the outstanding unpaid balance of the obligation.