Faire Finance Fraudulent Company - Pennsylvania Department of Banking is looking for them Pittsburgh Pennsylvania

This company seemed very legitimate and offered very fair loans regardless of credit.

They asked all the right information, and in the right sequence. But when they sent me the contract I noticed it was only 1 page long. I immediately did some more investigation before going any further.

This company gives the address I listed, but that address is an empty office. The BBB has been there, and the Pennsylvania Department of Banking has had many calls regarding this company.

When the Department of Banking called them they just hung up on them. The same day that I was heading down this dark road the Department of Banking posted a consumer alert on their website.

Check for yourself at www.bbb.com and banking.state.pa.us/banking/site/default.asp?tx=1

Here is what is on Pennsylvania's website.

CONSUMER ALERT!

Faire Finance
A company called Faire Finance, an unlicensed entity in Pennsylvania, represents itself as being based in Pittsburgh. The company advertises that it will make loans to consumers for a price.

Consumers are asked to provide a bank account number and bank routing number for Faire Finance to receive $500 from the consumer, supposedly the cost of obtaining the loan.

Faire Finance is not licensed by the Pennsylvania Department of Banking to solicit or make loans to consumers. The Department is aware of consumers who have complained that they have sent money to Faire Finance, but received nothing back.

Chad
Louisville, Kentucky
U.S.A.