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Name of Broker – WiseLoan

Website – https://wiseloan.com/

Regulated By – None

Warning Issued By – Not Recommended By Review Website Like Report Scam

If you are thinking to invest with WiseLoan but avoid the scams, read the WiseLoan review and get to know about the scam activities of broker in detail.

Introduction

A WiseLoan is an online loan company, that offers payday loans and installment loans of $100 to $5,000. It is founded by Tommy Glenn in 2011. The branch office of the company at Oakland, California. They claim that they make international money faster, easier and cheaper. They have targeted those people who are facing financial problems. The website of the company is wiseloan.net. They can be contacted by phone at 855-826-4788 and contact by email at support@wiseloans.net. It claims that its services are always free, and the rates that apply to your loan will be determined by the lender.

Criteria for loan

 WiseLoan provides loans for any salaried, self-employed, private companies employees, Government sector employees including, public Sector. They can approve a loan by completing and submitting the application form and funds to be transferred into your bank account in next day.

 General criteria are under the following points:

 • Minimum age of an applicant is 18 years, and the maximum age is 60 years. 

• Employed at your present job for the last 90 days.

 • General income around $ 1000 per month after tax.

 • User has a valid email address and phone number.

Interest Rates

Wise Loans provide loans at very high interest. It will be more than thrice times that increase the cost of your loan. It is a high-risk financial service.

Advantages

  • Customer can receive a loan for any reason.
  • Good credit is not required in a wise loan.
  • Easy transferred.
  • Easy to apply

Disadvantages

  • Sometimes, loan size is limited.
  • The wiseLoan has high-interest rates.

How does Wise loan cancellation work?

If customers want to cancel the loan, they can repay to WiseLoan within three days of origination. The wise loan can’t charge any interest or fees for canceling.

Is WiseLoan legit or not?

Before using any online platform, it is necessary to check whether the platform is legit or not. If the company has a regulated license provided by an authorized authority, that defines they are safe to invest in them. WiseLoan is a legit online loan company that shows they hold a regulated license. They show how it collects and shares your personal information. 

Public Review

 Public review is the key point for those who are new to the online platform. According to All Scam Report, after reading this review and reading all other negative and positiveWiseLoan Reviewswe can’t find that this broker is involved in any illegal activities like forex scams or cryptocurrency scams.

Final Thoughts

If you are a victim of an online platform, All Scam Report helps you and provides free consulting services. We have a professional team, and they are dealing with online scams. According to our survey reportthe WiseLoan is a legit lender but it has high-interest rates than other brokers. All Scam Report helps you to recover your fund. We provide a complaint form, fill it out, and the rest process is done by our team.