One Star Loans Reviews


One Star Loans is one of several different websites all using the same software to make themselves appear to be a lender, when in fact they are simply trying to capture leads. Depending on how you feel about this kind of site, you may or may not want to do business with them. We looked more closely to see if there’s any reason to.

One Star Loans is simply an affiliate, and not a payday lender. They get paid when they get your information, and that’s all they’re interested in. They will not loan you the money, but will pass on your info to interested parties that are in whatever network they’re a part of. If you choose to go with one of these lenders, they will be the one that you conduct the rest of the transaction with, and will be the ones that put the money into your account, and withdraw that money on your payday.

But being a middleman is nothing new in this industry, and in fact 9 out of 10 payday loan sites you come across will not be direct lenders. Many lenders don’t maintain their own website, and rely on procuring their leads through websites and services like this one. So them not being a direct lender is not a deal breaker, but some people don’t like the idea of dealing with a third party and would rather deal direct.

One Star Loans Reviews – Not Recommended

One Star Loans gets one out of five stars for the simple reason that they don’t encrypt their application page. Most surfers know that they shouldn’t put their sensitive data into a page that isn’t encrypted. This means that a hacker would have a much easier time intercepting that information. They use a widget which is popular with these affilites, and is most likely a secure widget, but it just shows you that they haven’t taken the time to get a secure page for the application. For a webmaster this is a very easy thing to do and not very expensive, if you are serious about your business that is.

It’s things like this that give you an idea of what type of company you’re dealing with, and whether they deserve your business. You might not have made the connection that filling out your financial information is a form of currency and that it has value to these companies. Protect your info and only give it out to sites that earn it.

Fast Approval?

One Star Loans says that the loan approval process can take up to 5 minutes. But our findings indicate that it will take longer to actually be accepted. They will also try to send you to other affiliate offers if you’re not approved, such as a credit score monitoring offer. We’re not faulting them for wanting to make a buck, but they just don’t offer a lot of value to the end user, and they’re in such a competitive market that there’s just no room for a small fish like this that seems to be testing the waters rather than treating it like a real business.

It’s just the concept of supply and demand, and there are more people looking for a loan than those that are offering them. This puts you in the driver’s seat as far as which company you do business with. You don’t have to settle for less, and should only go with a site that is on top of its game. Not to say that One Star Loans is not providing a quality service, but they’re just not at the same level as others that are out there.

Overall, we’re saying you should avoid One Star Loans because it’s mostly a waste of time, and there are better sites out there that offer the service that’s promised, but do it much better. While the site may look nice, it’s not backed up with encryption, and therefore you shouldn’t put your information into it. There are plenty of sites out there that have secure, safe pages that you can relay this information through, and that have a larger network of lenders for you to be matched up with.