Liberty Loans 500 says it\u2019s a Canadian loan-matching service that matches borrowers with third-party lenders offering short-term cash advances. Loans of $100 to $3,000 are available, with terms typically ranging from 3 \u2013 6 months.<\/p>
If you\u2019re approved, the funds can arrive the same day or the day after approval and are transferred electronically. Repayments are made through fixed payments that are automatically deducted from your bank account.<\/p>
A business named Liberty Loan 500, not Liberty Loans 500, is listed in the Quebec Enterprise Register. The business is currently registered, but Liberty Loan 500 is listed as a former name that hasn\u2019t been in use since January 27, 2022. The registry doesn\u2019t confirm that this business operates the current libertyloans500.ca website.<\/p>
There are a couple of other factors we found during our research that gave us cause for concern. One is that there is no phone number or address listed on the Liberty Loans 500 website. A physical office address and a way to contact the provider over the phone are important features we use to verify the legitimacy of a broker.<\/p>
Also, Liberty Loans 500 doesn\u2019t publish its lender network, so we couldn\u2019t verify the licences of lenders it may match you with. As a result, we can\u2019t sign off on Liberty Loans 500\u2019s legitimacy.<\/p>