What is a cash loan. A cash loan is money borrowed and repaid in instalments over an agreed period of time. Normally a cash loan ranges in between 500 and 15,000. MoneyMes cash loans can be applied for online in only 3min, with the money in your bank in minutes in some cases. Read more here. Where can I get a cash loan. You can get a cash loan quickly and easily through online lenders such as MoneyMe.
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We do, however, agree with a number of the conclusions in the Pew report, including the need for more fraud protection and strong, clear federal guidelines for small-dollar loans. "OLA and its members abide by a strict set of industry best practices that Pew referenced positively in its study.
OLA companies use sophisticated underwriting analytics to ensure customers are willing and able to repay. Defaults arent good for the lender or the consumer. OLA has a fraud prevention and identification program that works with the FTC to shut down [fraudulent lenders]. OLAs newly launched 'Look for the Seal' education campaign encourages consumers to 'know before they owe' and only work with responsible, legitimate online lenders.