Payday Loans
Experian Lending GroupInformation and Alerts
Important Information
Believed to be out of business
According to information in BBB files, it appears that this business is no longer in business.
Additional Info
BBB has received complaints from consumers alleging that Experian Lending Group charges an advance fee for a loan. In the province of Ontario, it is illegal for a company to request an advance fee for a loan. All costs, including insurance, legal and administrative fees, are to be built into the loan repayment agreement.
Consumers who apply online for a loan should make sure the application form is encrypted. If the form is not secure, any information transmitted on the form may be intercepted, which could result in identity theft. BBB could not find any evidence that Experian Lending Group's website is encrypted, or provides secure transmission of data.
If you believe that you have been the victim of fraud, BBB suggests that you contact the Canadian Anti-Fraud Centre. http://www.antifraudcentre.ca/
Additional Info
Mail sent to the business on 09/19/2019 was returned.
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