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Don't fall for quick loan scams

Consumer reporter John Matarese's says to be wary of those offering quick loans, especially around the holidays.

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No Teletrack Payday Loans. ... If they have several payday loans that they have repaid on time, their credit scores will be high and the lender will offer them the lowest interest rate for their mortgage.” ... However, if their website promises cash within the hour, then chances are, they do not use Teletrack to check their customers. But ...

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payday loans that do not use teletrack? | Yahoo Answers

Best Answer: All of the major payday chains in Des Moines use CoreLogic's Teletrack for spotting fraud and providing a guesstimate of a score for thin-file and non-US national borrowers. I'm not sure why you would want to avoid Teletrack stores... Most other custom reporting products are even more rigorous ...