A few days I got a call about the loan. Somebody told me that they could lend the money to me. A message was from the LoanThatMoney.com.
Did I ask for it? No. I wonder how they get my phone number to call about the loan. Did I do? No way. Anyway, I was curious what kind of company it is, and how they offer their services. What it was interesting to me, how this company is safe and trustworthy. I entered their website, where they asked me to fill out an application. Okay. Here is a first page.
It seems that these people would like to know about me as much as possible. Why? Let’s go further.
As you see, there they want details about my birthday, the bank name, how long do I work, how much I paid. My curiosity grows up. I want to know how far I need to go for borrowing $500. I filled the page. I wanted to see what do they want from me: how much information I need to give them. There is the third page:
After it, a red flag showed up. Social security number, my bank account number. I think it is plenty information for the identity theft. Why do we hear advice and warnings about an urgency to shred statements, because somebody could take an advantage and use this information to steal our identity? I think that it would be easy know all financial details, pretend to be me and apply for credit cards, loans, goods, and services.
Okay, let’s explore further. I took a look where this company registered. Knowing an IP address, you can see from where these people came. This particular website based in the USA. It does not show in which special place this site is. It could be Alaska or Florida. Website LoanThatMoney created couple months ago. It is a brand new website.
Okay, let’s go for more details about this mysterious website. I want to know who will use my information. What I found, it does not surprise me.
- Owners of website hide their identity with unique service.
- A website is new. It means that it does not have the established reputation. This site does not have feedback.
- Website’s place is hidden.
- They do not have the contact number. The site has FAQ.
LoanThatMoney’s Icing on the Cake
We heard that is important to read statements what written in small letters. I will give you bigger letters because this information is for customers if somebody wants to use their services. How do you like APR for this type of loans?
Here is Part of Page About Us
“notice%. Average APR for this type of loans is 391%. Let’s say you want to borrow $100 for two weeks. The lender can charge you $15 for borrowing $100 for two weeks. You will need to return $115 to the lender at the end of 2 weeks. The cost of the $100 loan is a $15 finance charge and an annual percentage rate of 391 percent. If you decide to roll over the loan for another two weeks, the lender can charge you another $15. If you roll-over the loan three times, the finance charge would climb to $60 to borrow the $100.”
If you would search this website, you will see many varieties of this site. It means that they spread the message about services, creating new pages and blogs. It would be fascinating if we could trust this website. All these findings, given here, prompt to different conclusion:
They offer you loans after you provide them with all information. All sensitive data will go somewhere. Nobody can guarantee if you will be accepted by lenders. This website operates as a representative for companies, which lend the money.
The Internet is a great place if you use the clear mind and do not jump straight into the deal when somebody offers you a loan. It is not a lottery. This money must be paid to lenders as soon as possible. Who wants to pay 391 % APR? If somebody can pay this amount, why to borrow this money?
How Do They Hide Website’s Coordinates?
Usually, if the company does not have something to hide, they give us the phone number, email address and P.O. Box number. Before making decisions, such as giving away sensitive data, we could call and ask questions about the company.
To hide website’s place is easy. Here www.securetunnel.com comes to help. It can contribute to protecting the identity of the Internet address. IP addresses mixed. If somebody would like to know where you are from, their curiosity would be unfulfilled.
Conclusion About LoanThatMoney.com
Company name: LoanThatMoney.com
Price: APR 391%
Website LoanThatMoney.com operates with websites www.applyloanpayday.com and www.NoProblemCash.com. They present themselves as a matching service between you and lenders.
The website is easy to navigate. They state that they give loans, working as a matching service between you and lender. The company has a page with definitions of financial terms. Everybody, who interested to expand minds about compound interest or delinquency, they can take a look to these terms.
The website is hidden.
Absent contact numbers
Website LoanThatMoney.com mixed with NoProblemCash.com and ApplyLoanPayDay.com.
Word “Transparency” Is Real
I can hear you screaming and asking if something is genuine and honest as the company? Yes, it is. There are plenty of the online business. They treat their visitors and customers with respect. If you would like to know about the reliable place to learn, earn and find friends, you can take a look at this review.