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Does anyone have experiences with this site?

Hi,

I have recently received a couple of e-mails advertising a loans site I have never heard of before. I had a look at it and it seems to be some sort of broker. Is it safe to take out a loan through a broker or is it best to go though a direct lender only?
The site is: paydayloansking.com

Comments

  • forgotmyname
    forgotmyname Posts: 32,755 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    How much do you they charge to find you a loan?

    Registered in Monaco with a gmail email address?
    Censorship Reigns Supreme in Troll City...

  • gb12345
    gb12345 Posts: 3,055 Forumite
    Registered in Monaco with a gmail email address?

    And not just that but only registered in January.

    Also -
    1. They offer loans in Aus, Canada, UK and USA but don't give any indication of being regulated for loans in any of those countries.
    2. No means of contact except an email form.
    3. No details of who runs the site, except mention of "D and D Marketing" in the privacy policy.
    4. Finally, they are spammers (I assume the OP didn't request their email)

    Clicking on the Apply link takes you to different PayDay loan sites, so I would say that they are just an affiliate site referring business to other lenders.
  • Apples2
    Apples2 Posts: 6,442 Forumite
    Maybe we just click the spam button.
  • pokerga7 wrote: »
    Hi,

    I have recently received a couple of e-mails advertising a loans site I have never heard of before. I had a look at it and it seems to be some sort of broker. Is it safe to take out a loan through a broker or is it best to go though a direct lender only?
    The site is: paydayloansking.com

    You cannot take out a loan through a loan broker.

    You can only take out a loan through a loan company.

    Loan brokers do not lend money out - they only take money in!

    Given that this company is based in Monaco and only has aGmail address, I would think it is safe to assume the whole thing is a scam.
    "There are not enough superlatives in the English language to describe a 'Princess Coronation' locomotive in full cry. We shall never see their like again". O S Nock
  • Thanks to all of you for your advice, in fact it doesnt seem to state a fixed % :s
    I have gone through a direct lender :)
  • Pay me £100 I'll find you a Payday loan.
    "All truths are easy to understand once they are discovered, the point is to discover them."


  • dealer_wins
    dealer_wins Posts: 7,334 Forumite
    I agree with Apples, its a spammer!!
This discussion has been closed.
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