Customers whom elect to present sensitive and painful information to online lead generators can be therefore eager for money which they usually do not see another option. However it is a choice that numerous consumers can come to be sorry for.
The borrower’s information typically remains available for sale, which creates opportunities for fake debt collection schemes, fraud and identity theft, according to the 2014 Pew report after a lender buys a particular lead.
United states Banker found adverts on Bing from lead generators that appeared to be wanting to game the company’s 36% APR limit.
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