Author Archives for Chris Novaczek

No Teletrack Payday Loans – What They Are


Typically when an individual applies for a payday loan, their data is sent to an agency called Teletrack which matches their information against a database. This is done to help determine the risk that a lender would be taking if they loan that individual money. The information which is analyzed may include elements of their identity and employment history as well as their credit history. Court records and tenant records may be checked as well as determining if the person is a potential fraud risk. How exactly this data is matched and gathered remains a mystery.