This company (5050 Loan.Com) sounds too good to be true, but I can not find any "positive" or "negative" feedback on it after doing several Google searches. So I was wondering if anyone has done business with this company? If so, how was your experience?
However four things still bother me about this company.
1. The fact that you have to pay between $124 - $159 for an Identity Verification Check upfront, yet there is no guarantee that you will get a loan.
2. If they do not use your credit report to grant your loan, why do they request your social security number on the loan application?
3. For a professional company, I have found several “elementary” bad grammatical errors on their website. From my searches, it is rare to find grammatical errors on a legitimate company’s website.
4. Why does there seem to be no information “positive” or “negative” online about this company while doing a Google search? All I have been able to come up with is the information that this company has provided online.
So any feedback "good" or "bad" will be appreciated. Thanks Everyone!
5050 Loan.Com claims:
No Credit Check - No Collateral Required - No Co-Signer Required
No Bank or Checking Account Required - Garnishment Ok
No Job OK - Stated Income Ok - No W2 or Tax Returns Required
Bad Credit Ok - Repossession Ok - Charge Offs Ok - Bankruptcy Ok
Foreclosure OK - No Credit Ok
Loans up to $50,000 - No Upfront Fees
UP to $50,000 Unsecured Personal Loan
No Credit Check - Patented Identity Verification Check
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