Popular - Equity One
Popular Equity One Mails Letters Saying You're Preapproved For A Personal Loan To Collect Info False advertising unfair interest rates

False advertising in mailing. Having received a mailing claiming that I was pre-approved for a loan of up to $4,000, I called and provided personal information.

Hours later, I called back to find that I had
been declined due to length of job (7 months) and current
credit rating. The mailing fine print claims that, at the
time of the mailing (within a few days), my credit ratings were sufficient, and that barring any changes since that time, I would be approved. Further questioning of the representative revealed that there was no actual pre-approval, only a name submitted by a parent company.

I feel this is misleading and that this company now has my personal information and my credit score has been negatively affected needlessly. Also, there is a 17-35% DAILY interest rate in this loan! Watch out!

Company: Popular - Equity One
Country: USA
State: New Hampshire
City: Hooksett
Address: 1100 Hooksett Rd, Unit 108
Phone: 6036476660

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