Instant Funding Systems is not licensed with the Division, although their business may require that the company be licensed as a consumer finance business.. Information has come to the attention of the Division that Instant Funding Systems may be offering consumer financing for automobile purchases. Under Oregon law, Oregon Revised Statutes Chapter 725, a person or entity making consumer finance loans under $50,000.00 is generally required to be licensed with the Division. Anyone who has been in contact with this company should contact the Division of Finance and Corporate Securities, (503) 378-4140, and ask to speak to Rob Brunner or Charles Donald.
Consumers and businesses can check to see if a business they are planning on doing business with is licensed with the Division, as well as find other useful information, on the Internet at http://www.dfcs.oregon.gov.
Sourced from: Division of Finance & Corporate Securities
According to the United States Secret Service, Instant Funding is running a fraudulent scheme across the country. If you are an NIADA member and have been a victim of this scheme please contact Executive Vice President and CEO Michael R. Linn at mike@niada.com or by phone at (817) 640-3838. He will then forward the information to the Secret Service. Information has been received that IFS is also operating as Sub Prime Dealer Services.
Sourced from:WFI Infopoint
Do you need cash for your auto notes, buy here pay here paper. We get top dollar your your seasoned auto accounts.
Call us today 615-414-6708
Russell Crosby
This information is, to the best of our knowledge, current and correct. However we caution you not to use this information as the final authority.
No comments:
Post a Comment