The statement payday loans that don't use teletrack means a business that offers payday loans to their clients without checking their credit history with a new credit reporting agency called teletrack.
Who's Is Teletrack?
Teletrack is a non-traditional consumer credit information bureau, which supplies credit data to a variety of businesses including payday loan companies, rent to own stores, non-traditional credit consumer finance businesses, auto dealers and credit unions. They also offer background information about a client like, court records, landlord/tenant history and much more.
Most Lenders Companies Do No Use Teletrack
The good news is that very few of these types of firms use the teletrack service. The average finance company that offers this financial product on their web does not use teletrack. The internet companies would generally process your applicant's request 24 hours a day, 7 days a week.
Lenders That Don't Use Teletrack!
How can you be sure to select a payday loan company the is not using teletrack
Generally speaking nearly all online lending companies do not use teletrack. This type of credit service could slow down their loan processing time. They could not instantly process and approve a loan, if they had to first get a fax copy of your credit history report from teletrack.
ไม่มีความคิดเห็น:
แสดงความคิดเห็น