IndependentReviewer.com - The Consumer Watchdog By Consumers

Use my experience to avoid being stung!

"Advance-fee loan sharks are preying on unwary consumers, in the U.S. and the U.K., taking their money for the promise of a loan or credit, and leaving them in hot water. The scam artists often impersonate legitimate lenders to entice consumers into falling for their bogus offer."

After a bad experience many years ago with a rogue loan company, I made it my mission to weed these people out and bring their existence to the attention of others. They are EVERYWHERE - and they ALWAYS look more reputable than most genuine companies!

According to law enforcement agencies in the U.S. and Canada, ads and promotions for advance-fee loans suggest — or even “guarantee” — that there’s a high likelihood that a loan will be approved, regardless of the applicant’s credit history. But to take advantage of the offer, the consumer has to pay a fee. The catch? The scam artist takes off with your fee, and the loan never materializes.

Pick only recommended reputable companies.

Many advance-fee loans are promoted in the classified sections of daily and weekly newspapers and magazines. Often, the ads feature toll-free 800, 866, or 877 numbers (0800 in the U.K.), or area codes from Canada, such as 416, 647, 905, or 705. The loans also are promoted through direct mail, radio, and cable TV spots. The fact that an ad is in a legitimate media outlet — like the local newspaper or radio station — doesn’t guarantee that the company placing it is trustworthy.

Legitimate offers of credit do not require an up-front payment. Although legitimate lenders may charge application, appraisal, or credit report fees, the fees generally are taken from the amount borrowed. And the fees usually are paid to the lender or broker after the loan is approved. Legitimate lenders may guarantee firm offers of credit to “credit-worthy” consumers, but first, they evaluate the consumer’s creditworthiness and confirm the information in the application. Canadian law enforcers caution that it is highly unlikely that legitimate Canadian lenders would take a risk on U.S. citizens whose credit problems preclude them from getting a loan in the U.S.

Be sure to remember this information as it will stand you in good stead next time you go for a loan to make sure you don't get stung.

For your information the following is a link to the company I have found to have some excellent offers available today & tomorrow and have good professionaly integrity. If price is not an issue or you want to shop around have a good look at their policies and look for a company with a similar outlook.

Further to this, I recommend that you should have a look at the following two e-books. One will help sort your credit to make your loans cheaper when you get them and the other is just a business opportunity which amazed me with its effectiveness! Good luck!