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United States
2018 (8 Years)
Last online: No recent activity
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Warning
This company is currently Unproved.
Please be cautious of the potential risks!
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know MyLendingPal
Company Information
Get to know MyLendingPal
MyLendingPal is not a direct lender but operates as a free online loan-matching service. The company's platform allows consumers to submit a single application which is then presented to a large network of third-party lenders to find a potential loan offer. Its mission is to simplify and expedite the process of finding short-term personal loans. The website and brand are owned and operated by EVERADS S.R.O., a company based in the Czech Republic.
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