You end up with no loan and the fee gone.
Legit scam!
They are not a lender - they are a broker. You pay them to find lenders. The fee is non-refundable. If you have bad credit they won't find any lenders to lend to you and you just gave away money for nothing. If you can't get a loan by applying at your local banks or credit unions you are not going to find a loan online. You are going to either find scammers or pay money to a broker who won't be able to find you loans based on your credit score
Rule 1) No legit lender requires you to pay them an upfront fee.
Rule 2) When in doubt, please see Rule 1.
the "yes" is for them to search for a loan for you (And thats what the fee is for)
It dont mean you will get one (and you still have to pay for them to search)
It aint exactly a scam IF you read their terms and conditions.
You pay them to search, thats what they will do, It dont mean they will succeed.
hi i applied for a loan of easyloanscompany, they said yes but i unsure if its a scam as they wanted a service charge upfront. ok so thats a lil scary i checked that the other companies do this and they do. i am still skeptical, as i tryed to find some reviews on this company and i found nuthink. has anybody used this company???
