George asked us the following concern:
“I would like to have a loan that is payday and I also arrived across this no teletrack payday advances assured approval solution. What does ‘no teletrack’ mean? Could it be safe for borrowers to cope with loan providers providing these loans?” – George, Grand Forks, ND No teletrack payday advances fully guaranteed approval means the lender won’t check your record on previous loans. A teletrack is just a nationwide system employed by many payday loan providers to be sure of borrowers’ loan performance. The machine is supplied by an exclusive party that is third loan providers sign up to it to always check borrowers’ information. It serves two purposes: to guard loan providers from fraudulent borrowers also to evaluate borrowers’ loan behavior.