Not Really a Loan Service

36 Month Loans - www.36monthloans.com
★★★★☆
3.8
82.0% of users recommend this
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mkass's review of 36 Month Loans - www.36monthloans.com

“Not Really a Loan Service”

★☆☆☆☆

written by mkass on 29/06/2015

36MonthLoans operates a lead generation service, it is not a loan company. If the company disclosed this it would not be an issue. However, once we applied for a loan we immediately got a "pre-approved" for a loan. We were told that a lender would be in touch with us to gather income verification documents and sign paperwork. This turned out to be patently false. The loan was not pre-approved at all, but rather "pre-qualified." What's more is that we then got three more referrals to other lenders. This means that 36monthloans is not a loan company at all, but rather a lead referral site which generates its revenue from "leads" sent to loan companies. The fake pre-approval information is just an enticement to get us to actually do the application and thus generate a payment for 9Global, the owner of 36MonthLoans. Hope this notice warns other people away from this.

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