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Important information

• Additional Info:

  The Bureau has requested basic information from this company. The Bureau has not received a response. Without this information, the Bureau may not have current information concerning such things as the company's management or its nature of business.
  
  Educational/General Comments
  
  The following is BBB general information. The BBB has witnessed a national trend of advance fee loan scams. These scams target individuals who are having trouble obtaining cash or credit. Customers are lured by advertisements and direct mail pieces promising guaranteed loans - regardless of credit history - for
  advance fees running between $50 and several hundred dollars.
  
  However, you must pay an advance fee before obtaining the so-called loan. These so-called loan brokers don't lend money directly; they claim to act as money finders and ask for an advance fee in order to prepare a loan application and present it to prospective lenders. But these firms cannot guarantee
  loans, despite their promises of unlimited funding sources. In many cases, brokers fraudulantely pocket advance fees, make no effort to find the funds promised, and the customer loses money.
  
  Recognizing Advance Fee Loan Scams
  
  Advertisements that guarantee or promise loans usually appear in the classified section of newspapers and magazines, as well as the Internet. These ads usually feature toll free 800 numbers or 900 numbers, which result in charges to your phone bill, or toll-free 800 numbers that result in charges to your
  phone bill. Other advertisements include telemarketing cold calls or flyers in the mail. In addition, companies normally use delivery methods other than the United States Postal Service, such as overnight services, to avoid prosecution by postal authorities.
  
  Protecting Yourself
  
  ****According to the Federal Trade Commission's Telemarketing Sales Rule, if someone guarantees or suggests that there is a strong chance they can get or arrange a loan or other form of credit for you, it is AGAINST THE LAW to ask you to pay, or accept payment, for their service until you get your
  credit or loan.****
  
  Always Remember:
  
  * Just because a company advertises in a recognized media outlet does not mean the company is 100% legitmate
  * Legitimate lenders never guarantee to get you a loan or credit card before you apply, especially if you have bad credit, no credit, or have declared bankruptcy in the past.
  * Legitimate lenders never ask you to pay for processing your application. One exception is real estate; it is accepted and normal practice for lenders to request payment for a credit report or appraisal.
  * Never give your credit card number, bank account information or Social Security Number out over the telephone or Internet unless you know with whom you are doing business with.
  * If you do not have the offer confirmed in writing or in hand and are asked to pay, DO NOT DO IT! It is fraud and it is against the law.
  
  If you cannot obtain money or credit from conventional sources close to home - such as banks and credit unions - it is unlikely to be found through a classified advertisement, a telemarketing cold call, a 900 number, or a flyer sent in the mail. Ask yourself: why would far-away lenders be more likely than local
  financial institutions to provide you with money?
  
  And remember: a company's money back guarantee is no good if the company closes it doors.
  
  If you feel you have been subject to an advance fee loan scam, contact your local BBB, State Attorney General, local Consumer Protection Agency or the Federal Trade Commission and file a complaint.
  
  This information is general in nature, and it is not to be
  interpreted as a reliability report on any specific company.