Line strives to help the entire community in need by providing access to interest-free funds.
However, there are bad actors who do not return funds on time, depleting a ton of funds earmarked to help those in need. Hence to make sure that our entire community is not in trouble just because of a few bad actors, here are few actions that we take against the people who do not return funds on time -
We report them to the major US credit bureaus.
Their purchases get impacted across 36000+ online retailers, financial services and sites.
We freeze their available funds and divert them to other members in need.
They can not access any other features of line till they return the funds.
Their future credit limits get impacted with line as well as other financial services