A financial problem can sometimes hit you hard, but a loan can be your silver lining in this situation. However, getting your loan approved can be a hard nut to crack.
Press Loans have cut the Gordian knot and made loans easy. The website introduces you to the hub of lenders you can choose from. But, is this website trustworthy and safe to give your details to an online website. Worry not. Today we will be discussing press loans reviews to clarify your doubts about pressloans.com.
About pressloans.com
Pressloans.com is a software-by-service that associates the users’ applying for loans with the marketplace of lenders. The website asks you for your personal information like:
- Identities, such as your first and last name, date of birth,
- Credit history, such as your creditworthiness, home, or vehicle ownership.
- Contact data: Residential address, phone number, and email address.
- Employment, your employment status, and income.
- Education: Education level obtained, your degree.
- Other information: some information that is not specified here but can be asked at the time of collection.
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Is Press Loans legit or a scam?
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Pressloans.com is an online-based loan-providing website that connects users with third-party lenders. They collect customers’ information and process it to find lenders with your provided information. Because of heightened scams online, people always have second thoughts when trusting a website online.
Today, we are here with press loans reviews to carry away all your questions about the website.
- The website domain was registered on July 28th, 2020.
- The website has zero popularity.
- The Alexa ranking of the website is 0. Which is not good.
- According to DA PA Checker, the website has zero trust flow.
- The website has suspicious proximity of 23%.
- The website got a 3% malware score.
- The threat profile of the website is 4%.
Product and services
Press Loans introduces the customer to the money lenders. The website provides your information to advertisers, lenders, and other partners who may issue your loan. Pressloan.com does not have any role in issuing your loan; it just shares your personal information with loaners. Instead, Pressloan.com may collect a commission for bringing in customers for its partners, but it is free of charge for users.
The loan amount ranges from 2000$ to 100,000$, and the interest charges will depend on your financial information. You can choose the loan type that meets your requirements.
Loan price
The loan price starts at 2000$ and goes up to 100,000$; you can select a loan for personal use, big purchases, or paying off debt. The interest amount will be charged according to your financial situation.
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Website quality
The website, Pressloans.com, was registered on 28th July 2020. Press Loans has a good external look, but as per analysis, the website has no quality backlinks.
Founder
No founder details are provided on the official website, which is quite suspicious and increases its chances of being another scam website.
Contact and address
The website has not given information like its physical location or phone number for customer care. They have provided their email address if you want to opt-out of receiving announcements from third-party partners. You can email Optout@PressLoans.com.
Repayment
Your length of payback, loan amount, and APR( annual percentage rate) depend on your lending partner and your creditworthiness. But to clarify, here is an example to give you an idea of repayment. For instance, applying for a 10,000$ loan with a 9.99% annual percentage rate would result in 60 monthly installments of 201.81$. Hence you will have to pay a total of 12,108.60$.
Customer reviews
Except for one review on the official website, no reviews are found on the site or any other platform.
Promotion and discount
No information about the discount is being shared on the website. But the website does mention that the interest rate will depend on one’s financial condition.
PROS:
- You will be getting loans from 2000 to 10,000 dollars
- There are many lenders on one platform
- You will have full access to accept or decline loans from a lender
CONS:
- There are no reviews on the website
- Website owner information is not provided
- Every lender has its own interest rate
Final verdict
In our analysis of the details mentioned above, there are not many details provided about the Press Loans and its owner, which is suspicious. No reviews of the website are provided on its official site or other platforms. One of the main things that are doubtful about the website is that other platforms have not reviewed it. That implies that you should proceed with caution if you decide to use it.
Someone is using my information and receiving loans I need to contact press loan crewsvalerie332@gmail.com my email thank you