Western Sky Is Dead; Unsecured Loan Scams Survive. Some loan providers are going objectives
You might be under the impression that the companyвЂ™s still in business if youвЂ™ve recently looked for a loan from online lender Western Sky Financial.
Western Sky supposedly shut its doorways in 2013, immediately after state regulators cracked straight straight down on its sky-high interest levels for unsecured loans. The organization didnвЂ™t phone itself a payday loan provider, nonetheless it offered customers loans at yearly prices in excess of 300per cent. (more…)