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InstaLoans, Fort Saskatchewan Reviews (1)
ever since we got a payday loan for them , weve had big problems. they keep trying to take out all kinds of money from our account up to 3 times a month . in sums of 300.00 at a time. td bank keeps blocking them and they will use another name to try and get money or another amount. we had accounts investigated and all transactions lead to instaloan
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Instaloans acts as a broker on behalf of consumers seeking short term cash advances with third party lenders without having to provide a credit history or security on the loan, as is generally required by commercial lending institutions. Based on approval criteria provided by the lender to Instaloans, the customer is assessed as to eligibility for an advance. If approved, Instaloans provides loan documentation to the customer. Upon fulfillment of the lender's requirements in relation to completion of the loan documentation, Instaloans will have authorization from the lender to forward the cash advance to the customer on behalf of the lender. Upon a cash advance becoming due and payable, the customer must make its repayment to Instaloans, which in turn remits the funds back to the third-party lender to retire the loan.