While many of the lenders that provide payday loans in Christchurch or

payday loans in Auckland are legitimate, wherever you go you will always find

untrustworthy people. The cash lending business has often had a bad

reputation for charging extortionate fees and interest rates by including

stipulations in the fine print. You should take every precaution possible to

prevent this from happening to you. Below you will find some advice on how

to prevent yourself from getting scammed when obtaining a payday loan –

because there are quality lenders.

Do not submit multiple applications

Often many lending sites charge a processing fee per application so you do not

want to have multiple fees for no reason. Submitting numerous applications

ill ot gi e you a etter ha e of o tai i g a loa . You do ’t a t to e spending money before you even know if they will provide you with a payday

loan.

Ensure that the lender has the necessary accreditations

A financial entity that is registered as a service provider on the Financial

Service Providers Register or that appears on the official New Zealand

Government Register can certainly provide you with more peace of mind than

other lenders that do not appear.

Ensure that the lender provides a physical address

It is very easy for fraudulent activity to occur on the internet. Some people

may pose as legitimate lenders only to take advantage of those looking for a

payday loan. You need to be extremely vigilant when dealing with a lender

online. A good way of protecting yourself is to locate the physical address that

is provided by the lender. Legitimate lenders will do business at their physical

address as well as online so this is a good indicator of trustworthiness.

Do not deal with offers that are unsolicited

Today email inboxes are inundated with spam emails. Some of these emails are

from supposed lenders who are offering you certain offers and deals. A lot of

the time these sites use these emails in order to spread malicious hardware

o to the o su er’s o puter a d to steal their i for atio . Al ays err o the side of caution when dealing with such emails. Do not even open these

emails as you risk obtaining viruses. Remember: if it sounds too good to be

true, it usually is.

Try their customer service on the phone

When things do not go as planned, it is always useful to count on a friendly and

helpful customer service team ready to listen and help you find a solution to

your problem.

For More Information Visit https://www.moola.co.nz/