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I would like to find out if any of you ever had to deal with Millburn Lending Group for a personal loan?
They have accepted my request and because I have no collateral, they are suggesting I buy an insurance from their company to insure my loan and then I can receive financing from them.
I do not know where to look for legitimacy for this company. It is a new company. Any suggestions??
 

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Why are you seeking a personal loan with a private lender? Is your credit that bad? Its really not that hard to obtain credit from a conventional lender.... so I'm not sure turning to a private lender is the best solution.

Think twice before you commit. People who turn to alternate credit usually dig themselves deeper in debt and never recover. High interest rates and lucrative conditions (such as the insurance) are what those companies live off. The loan is just the carrot.

If you don't qualify for regular credit, you may be better off not seeking any further credit.
 
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