How to Check If a Loan Company is Legitimate

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There are many factors that can help you determine if a loan company is legitimate or not. You should always take the time to do your research before applying for a loan, so you know what to expect when it comes to the lender's business practices and procedures. Here are some things you should look out for when trying to determine if a loan company is legitimate:

A legitimate loan company will have a physical location in the United States. This means that the office address will be located in America, not abroad. If a company does not have an office in the U.S., then it may be questionable as to whether or not they are legitimate.

Another thing to look for is if the company has been in business for at least five years. If it has been around for longer than that, then it is likely that they are doing business legally and legitimately. This can also help ensure that they have a good reputation among customers and other companies in general.

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