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    Loan Site Buckle Under Covid-19 Strain Revealing Applicant Data

    protection program Loans
    PPP Loans

    The Covid-19 pandemic has posed not just threats to human life but it has also made public a whole lot of information about loan applicants that are meant to be private. In the past couple of weeks or months, we have had lots of people looking out for avenues to borrow money to maintain their lives while they are in isolation or staying indoors.

    Paycheck Protection Program

    Some of the personal information of loan applicants provided on some loan sites especially under the Paycheck Protection Program (PPP) was not well managed either due to excess applications coming in or through bugs on the website.

    Lenders During This Crisis

    One of such cases was narrated by Jay Warren. He was trying to complete an online application under the Paycheck Protection Program but the site kept timing out, he tried to reload the page several times, and all attempts to no avail. At some point, he was lucky to have the page pop up and to his surprise, he found out something worrisome. He was seeing certain information of one of the applicants that were supposed to be private being displayed.

    protection program
    Fast PPPloans

    The first page he viewed had information such as the name, business phone number, and email address of the applicant. He clicked the next page and it got even worse, with more information about this person showing; he saw the business address and the last four digits of the person’s social security number. At this point, it was obvious that something has gone wrong.

    He had to stop at this point because going any further might reveal other confidential information such as the proof of payroll form, the monthly salary of the applicant, criminal history, driver’s license scan, recent tax return, and possibly a voided check.

    This is a serious case at this point as most people could have had their information exposed to people who might exploit these details and use it against them either to scam them or bully them. It was later discovered that most people had several glitches while completing the Payroll Protection Program (PPP) application.

    The service provider in charge of the online application is Lendio, a company that specializes in matching lenders with borrowers in the United States.

    India had to contact Warren and some other applicants that there was no data breach or glitch on their site and assured them that the date was not shared any way on Lendio’s end. They also offered to provide a year’s worth of credit monitoring at no cost and also requested that some of the applicants should resubmit their application using a different lender.

    In as much as people need help this time, it will not be a good thing that they are further exposed to hackers or people that will have access to their personal data. This time is trying enough to have additional problems to deal with as a result of data breaches as a result of glitches on the lender’s website.

    Online Title Loans From TFC

    TFC Title Loans is a title loan company serving major cities in the United States. We understand the business terrain of providing accessible and reasonable loans to our clients at very competitive interest rates. Offering car equity loans near me from the comfort of your house by applying online.

    What sets us apart from other lenders is that we are here to listen to our clients and we are ready to work in their best interest. As a result of this, our loan application is entirely online and open 24/7 to ensure that we are easily accessible to our numerous clients and prospective clients during this Covid-19 period.

    We understand the times we are in and our loan experts are on the ground to provide you with professional recommendations when you apply for a title loan with us. Once you submit your loan application online, we will treat it and get it across to you almost immediately. We do not delay in approving applications and disbursing funds.

    Secure Online Loan Application Platform

    Our online loan application portal is safe, secured, and encrypted to ensure that your personal data are safe and not leaked to the public domain. It is easy and fast to complete your application online without any need to leave the comfort of your home or office.

    This article was brought to you by TFC Title Loans, we try to bring to you the most informative information. If you are interested in getting a title loan local to you, we are able to help you with our large referral network.

    We will help you to get the most money by using the equity that you have in your vehicle, the application is fast and we can provide you with same-day funding.

    All of our referral partners are in compliance with the CFPB. We will help you to get the money that you need but from a trusted and reliable title lender.

    The amount of money you can get when you apply for a car title loan at TFC depends on the equity in your car. You can get as much as 50% of the equity in your car and you can even get more, depending on our evaluation of your application.

    Disclosures

    DISCLAIMER: As our policy to make sure you know what we do and what are our limitations, we offer you these disclaimers. We are NOT A LENDER and we do not make short term cash loans or credit decisions. We are a referral service and work only with licensed lenders/brokers.

    We may act as the broker for the loan and may not be the direct lender. Loan proceeds are intended primarily for personal, family and household purposes. We do not offer or service student loans.

    *Loan amounts by the lenders vary based on your vehicle and your ability to repay the loan.

    *Since we do not lend money directly we cannot offer you a solicitation for a loan, except in the state of California. In all other serviced states we WILL match you with a lender based on the information you provide on this website. We will not charge you for this service and our service is not available in all states. States that are serviced by this Web Site may change from time to time and without notice. Personal Unsecured Loans and Auto Title Loans are not available in all states and all areas.

    *Auto Title Loan companies typically do not have pre-payment penalties, but we cannot guarantee that every lender meets this standard. Small Business Loans typically do have pre-payment penalties and occasionally will use your car as collateral to secure the loan.

    *All lenders are responsible for their own interest rates and payment terms. TFC Title Loans has no control over these rates or payments. Use of the work competitive or reasonable does not mean affordable and borrowers should use their own discretion when working directly with the lender.

    *The amount of people who applied for a loan and we helped and those who received a loan is not the same. We cannot guarantee we will find a lender who will fund you.Just because you give us information on this web site, in no way do we guarantee you will be approved for a car title loan or any other type of loan. Not all lenders can provide loan amounts you may see on this web site because loan amounts are limited by state law and/or the lender. Some lenders may require you to use a GPS locator device on your car, active all the time. They may or may not pay for this or charge you for this. This is up to the lender and we have no control over this policy of the lender. Typically larger loans or higher risk loans use a GPS.

    *In some circumstances faxing may be required. Use of your cell phone to receive updates is optional.

    *Car Title Loans are expensive and you may have other ways to get funding that is less expensive. These types of loans are meant to provide you with short term financing to solve immediate cash needs and should not be considered a long term solution. Residents of some states may not be eligible for a loan. Rejections for loans are not disclosed to our firm and you may want to contact the lender directly.

    *Car Title Loan lenders are usually licensed by the State in which you reside. You should consult directly with these regulatory agencies to make sure your lender is licensed and in compliance. These agencies are there to protect you and we advise making sure any lender you receive money from is fully licensed.

    *Trading Financial Credit, LLC dba TFC Title Loans, Car Title Loans California, Dineromax. If you are using a screen reader and are having problems using this website, please give us a call at 1-844-242-3543 for immediate assistance.

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