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The agreement between the tribe and the company explains how when a customer logs on to Plain Greens website and applies for a loan, Think Finance's software processes the customers information, evaluates whether to make the loan and calculates fees. According to a 2011 flow chart created by Think Finance, Plain Green pays TC Decision Sciences, which Think Finance has said in federal court filings is one of its entities, 50 for each approved and funded loan.
A former Plain Green executive and member of the Personal loans in sa Cree tribe personal loans in sa requested anonymity due to fears of retribution told HuffPost that at the end of each day, a Plain Green officer signed off on all the loans approved by Think Finances software. That meant that technically, the loans were made by Plain Green, despite the fact that the tribal company had no meaningful role in the lending process.
To find more people to make loans to, Plain Green pays a company called Tailwind Marketing, which Think Finance has said in federal court motions is also one of its entities. According to the flow chart detailing the business structure, Plain Green pays 100 plus tax to Tailwind for every approved borrower Tailwind refers.
The flow chart also shows that after the loan is made and a borrower has a Plain Green account and is making payments, TC Decision Sciences charges Plain Green 5 a month per active account for servicing activities like customer service, verification and collections.
Request and use information about your current and previous employment history in order to assess your application for consumer credit. Using the services of a credit-reporting agency, such as Veda Advantage, Dun Bradstreet or Experian, Swift Loans Australia Pty Ltd may disclose information about you, the customer, for the purpose of receiving a credit report to verify your information and assist in the processing of your loan application.
Swift Loans Australia Pty Ltd may also use the services of these companies in order to assess your credit history, past and current loan status, overdue accounts and details of the loan requested from Swift Loans Australia Pty Ltd.
It is a requirement by law, that Swift Loans Australia Pty Ltd discloses information about you to any organisation involved in the provision of credit to you, anybody in connection to a complaint concerning you or the services provided by Swift Loans Australia Pty Ltd, any of our associates, personal loans in sa any third party wishing to invest in Swift Loans Australia Pty Ltd.
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