Financial Commission Adds Loan Broker Loyal Finance to Warning List

The Financial Commission, an external dispute resolution (EDR) body dedicated specifically to FX, announced recently that it has added the loan broker Loyal Finance to its Warning List.

Based on the information offered on its website (https://www.loyal-finance.com/about-us.php), Loyal Finance works in the field of finance for all those who are in need, offering loans with very low interest rates to individuals, students and small and medium businesses. The repayment of the loans begins after 12 months.

Whereas, the Financial Commission has been notified by concerned traders regarding the company Loyal Finance and its associated website. Upon reviewing the submitted information from potential customers of this broker, it has determined that the indicated company and associated website were suspicious of being used to scam and defraud traders and investors.

In view of this, the Commission does not recommend doing business with this entity, either individuals purporting to represent this broker on social media and in private messages on popular messaging apps.