What are the red flags that AdvanceMeToday is a loan shark?

Review each condition below. If AdvanceMeToday meets any of these, stay away:

• 🚩 Illegal Interest Rates (CONFIRMED): AdvanceMeToday was cited by the New York DFS for charging interest "many times the legal limit" and making usurious payday loans .
• 🚩 No Physical Office Address (CONFIRMED): The only address listed is a PO Box (P.O. Box 1124-1007, New York, NY 10102) . Legitimate lenders have real, physical locations you can visit.
• 🚩 Government Cease & Desist Orders (CONFIRMED): In August 2013, the New York Department of Financial Services sent Advance Me Today a formal warning letter to "cease and desist offering and making usurious payday loans" .
• 🚩 Unclear or Fake Business Identity: Confusion exists between the payday lender and an unrelated "book summary" website. Loan sharks often hide behind vague or misleading online presences.
• 🚩 Low or No BBB Rating (CONFIRMED): Advancemetoday.com has a "No Rating" (NR) status with the BBB, with the file under review .
• 🚩 Loans Without Proper Licensing: If a lender operates in states where payday lending is illegal (like New York), they are operating illegally.
• 🚩 Pressure to Refinance or Roll Over Loans: Watch for aggressive pushes to take new loans to pay old ones.
• 🚩 Unauthorized Bank Withdrawals: Loan sharks often draft money without proper authorization.

CONCLUSION: AdvanceMeToday meets multiple red flags. Users should stay away completely.