Sometimes a Native American lending company will try to take on another face while continuing business as usual with the original lending company. What does this mean? It means that they will start a second (or third) online company that will offer loans. But the loan programs that they offer will be identical to the main (the original) online lending firm.
Why would they do this? To try to grab more market share most likely, or to have another venue to move to if the original loan company gets a bad name. Most often it will be the first situation though, where a tribal lender will want to pull in more business and they try to spread around the word of their business. That way they will theoretically get more business, by having more than one business title.
As far as any Online Green Loan reviews, there just are very few that are listed online. The problem is that Plain Green Loans is the main company, so Online Green Loan is not a "true" company in the sense that they are a business title more than they are a standalone company.
It makes me wonder how long the Online Green Loan business will continue? As long as the parent company is pushing and advertising the Plain Green Loans business it seems that the Online Green Loan business venture is just going to be a waste of time.
The ultimate problem is that Plain Green Loans is an installment loan provider and that's the direction that the tribal lending business is headed. Consumers are gravitating toward the installment loans as the future lending product, while the tribal payday loan is going to continue to fade out. There is just no reason for people to keep taking out the payday loan when installment loans are available, as the installment version gives people more flexible terms and more time to repay.
This is the problem with Online Green Loan, they are in a business that is slowly fading, plus they are in that business while at the same time having one foot into the installment lending business. It just doesn't seem like this situation is going to be tenable.
Whether the situation lasts or not I don't think that Online Green Loan will persist as a standing company. With Plain Green Loans I just can't see a reason for the firm to continue as a branch or a separate company. Either way, I would choose not to use Online Green Loan as I would much prefer to get a loan from Plain Green Loans which gives the borrower a lot more room to work with than the boring (and more dangerous) payday loan.
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