Articles

To all Prospective Impac Companies Clients:

This letter is to inform you of the Impac Companies policies regarding nondiscrimination and abusive lending practices. The board of directors, management, and staff of the Impac Companies are committed to the practices of fair lending. It is the policy of this company to make credit products available to all applicants who meet our business focus in a fair and consistent manner within the confines of safe and sound business practices.

The Impac Companies do not discriminate against any credit applicant on the basis of race, color, religion, national origin, marital status, age (providing the applicant is of legal age and has the capacity to enter into a binding legal contract), sex, disability, familial status, receipt of public assistance, or if the individual has exercised in good faith any right under the Consumer Credit Protection Act, or any other prohibited basis.

The Impac Companies also require loan terms, rates and fees to be consistent with the borrower's qualifications, that the borrowers have the ability to repay the obligation and that borrowers receive a tangible benefit from the loan transaction.

Impac expects the companies with whom it does business to adhere to similar nondiscriminatory and fair lending policies throughout the lending process. The companies' policy extends to application procedures, pricing of loans or services, marketing practices, closing procedures, and compensation programs.

The board of directors, management, and staff of the Impac Companies encourage you to contact us with any questions about this policy.

Sincerely,

The Impac Companies