Company Information

Get to know Fruitful Lending-443-272-1198

"Fruitful Lending-443-272-1198" is not a registered or licensed financial company. It operates by contacting consumers, primarily via telephone, with offers for personal loans. An extensive volume of public reports and consumer complaints filed with organizations like the Better Business Bureau (BBB) and the Consumer Financial Protection Bureau (CFPB) characterize this operation as a fraudulent scheme. The typical pattern reported involves approving consumers for a loan but requiring an upfront fee for "insurance" or "processing" before the funds are released. After the fee is paid, the loan is never disbursed, and the entity often ceases communication. There is no evidence of a legitimate business structure, physical headquarters, or official online presence.

Industry

Financial Other ServicePRIMARY

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Fruitful Lending-443-272-1198

United States

Founded in

2018 (8 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Others

--/10

Reviews

--/90

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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

FSCA

FSC

ASIC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.