CashWise Blog

Know Your Lender
By CashWise.
9
Oct

Customer_corner

I had to apply for a few loans to cover an emergency and your company was the only one kind enough to deposit the funds into my account thus far.  I needed another $400 and other companies are having me sign things and give out personal inforomation and yet, still no money or updates. Thank you for being professional, but am I being naive thinking other companies, who now have my Social Security number and Bank Account number are as trustworthy as you?

-K. H

Thank you for trusting Cash Central with your emergency needs. Applying for an online loan can be tricky. There are literally millions of sites to choose from, but only a handful of them are truly licensed lenders. Most of the sites you’ll find ask for your information and pass it along to legitimate lenders. From there, they’ll keep your information to remarket and sell to other vendors in the off chance you’ll be interested in their products as well.

Cash Central always recommends checking the sites Privacy Policy, making sure they have a full list of contact information (including phone numbers and a physical address) and, most importantly, that they’re licensed to do business. If you can confirm these three items, chances are you’re dealing with a legitimate lender you can count on.

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2 Responses to “Know Your Lender”

  1. Im going to sign for a cash advance loan, is a decent interest percent between 12 – 15% ??

  2. Janean Lahay says:

    Many thanks for your explanation and taking the time to email me as well :)

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