ArtsAutosBooksBusinessEducationEntertainmentFamilyFashionFoodGamesGenderHealthHolidaysHomeHubPagesPersonal FinancePetsPoliticsReligionSportsTechnologyTravel

Are Loan Companies Safe and Accredited?

Updated on October 1, 2012

This is something everyone is thinking about. When searching for a loan company you want to know whether the company is accredited or not. You will not want to go with the first company that you find. When searching Google for “cash advance short term payday loan” you will get an assortment of legitimate companies mixed with bad companies just looking to send a lot SPAM to your Inbox.

When searching for an accredited loan agency you are going to want the best possible deal for yourself, one that will not take you long to repay, even after they have added their interest. Loan companies are not out to get you by tricking you with a good looking website or storefront, then hitting you with a high interest rate or mislead you. Loan companies are there to provide you with a service that will help you and make them money. We all know companies exist that will do these things, so we want to make sure to avoid this. Sadly, the bad companies seem to be more widely advertised, especially on the internet, and that is not good news for the consumer.

Companies like this are usually fake, or mock. They are only there for the sole purpose of tricking a consumer to obtain information, get the customer, lure them in, SPAM their Inbox, sell their information, and mislead you. If you miss a payment, or you are late, they will hit you with a higher interest, causing you a higher payment for months to come. This is why consumers need to be cautious when dealing with cash advance companies and need to do their homework before deciding which company they should go with.

All loan companies will have an interest; it’s how they stay in business. Check the Better Business Bureau for starters. They can give you feedback and a rating of the customer. Various online rip-off reports can be useful, but take them with a grain of salt. Sometimes it’s just an angry customer who did not read the fine print and got themselves into trouble and need someone to blame.

Talk to your friends and family if you are seeking out a temporary fix to your current money situation. See if they have ever gone for one, or perhaps they know someone who has. You might be able to find a company that someone already has some experience with. It can be very helpful to get a recommendation from someone you trust.


    0 of 8192 characters used
    Post Comment
    • William Gerace profile image

      William Gerace 

      7 years ago from Philadelphia, Pennsylvania

      Another great Hub. How true this can be when coming to these companies. I for one have fallen into these misleading traps on more than one occasion. They get your information sell it and then sometimes as in my situation they try to scam you saying you owe them money and call you and threaten to take legal action including putting you in jail. It's a hot mess with these companies. You are so right about researching before doing business. Great Hub!!

    • profile image


      7 years ago

      Payday loans are a nightmare! Great hub.


    This website uses cookies

    As a user in the EEA, your approval is needed on a few things. To provide a better website experience, uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

    For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at:

    Show Details
    HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
    LoginThis is necessary to sign in to the HubPages Service.
    Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
    AkismetThis is used to detect comment spam. (Privacy Policy)
    HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
    HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
    Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
    CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
    Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the or domains, for performance and efficiency reasons. (Privacy Policy)
    Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
    Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
    Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
    Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
    Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
    VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
    PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
    Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
    MavenThis supports the Maven widget and search functionality. (Privacy Policy)
    Google AdSenseThis is an ad network. (Privacy Policy)
    Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
    Index ExchangeThis is an ad network. (Privacy Policy)
    SovrnThis is an ad network. (Privacy Policy)
    Facebook AdsThis is an ad network. (Privacy Policy)
    Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
    AppNexusThis is an ad network. (Privacy Policy)
    OpenxThis is an ad network. (Privacy Policy)
    Rubicon ProjectThis is an ad network. (Privacy Policy)
    TripleLiftThis is an ad network. (Privacy Policy)
    Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
    Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
    Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
    Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
    ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
    Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)
    ClickscoThis is a data management platform studying reader behavior (Privacy Policy)