United Financial Solutions

In general these types of companies offer to make loans or to provide you with guaranteed lending sources despite little or no credit history or bad credit. Often they use names similar to those of recognized lending institutions or official-looking seals or other insignia to give the impression they are a lender. Although they neither lend you money nor provide you sources that will they charge a fee in advance for the services they say they will perform. Their address is usually a post office box and their paperwork does not include a telephone number. Even if the company has a published telephone number callers often reach a only pre-recorded message and their calls are not returned.~~If you’re having a hard time making payments on your auto loan and are considering assistance from a loan modification company we suggest you start with your lender first. Lenders are often eager to work out a more convenient payment plan because it’s in their best interest to keep you paying your bill. Beware of advance fees. Large fees in advance should be considered a red flag even if the company claims to offer a money-back guarantee if they are unsuccessful. Some states do not allow companies to charge customers in advance for financial services including loan modification. Get it in writing. Ask for documentation from the company. Be sure it discloses the services they will provide and their terms including refund policies and any money-back guarantees. If you feel you’ve been misled by a loan modification business file a complaint with your BBB online. Even if the business is unwilling to resolve the issue your complaint will serve as a warning to other consumers about that business.~~In general these types of companies offer to make loans or to provide you with guaranteed lending sources despite little or no credit history or bad credit. Often they use names similar to those of recognized lending institutions or official-looking seals or other insignia to give the impression they are a lender. Although they neither lend you money nor provide you sources that will they charge a fee in advance for the services they say they will perform. Their address is usually a post office box and their paperwork does not include a telephone number. Even if the company has a published telephone number callers often reach a pre-recorded message only and their calls are not returned~~Our experience with this industry has been that other companies engaging in similar types of businesses generally allege that after fees are paid the promised loans do not materialize. Most often they never hear from the company again. In the rare cases where they do they may receive only a list of lenders to whom they may apply for credit. They do not end up with a loan and despite any guarantees or promises to the contrary refunds are difficult if not impossible to obtain. You have the right to cancel your contract with an advance fee loan company for any reason and at any time up to five days after the date of the transaction. The contract must have attached to it a “Notice of Cancellation” form for you to use if you decide to cancel. After you cancel you are to receive a refund of any payment you made within 15 days after the seller receives your cancellation notice. We advise against doing business with a company that charges an advance fee for obtaining or helping you obtain a loan. Any credit services organization (a term that includes advance-fee loan companies) who charges an advance fee for such services is in violation of the law. ~~