1 /5 Alex T: Toledo Finance is your typical loan solicitation scam ring. By tempting them with a "real check" for any dollar amount, typically $800, Toledo Finance and similar immoral organizations prey on those in need, especially folks who may not be familiar with financing terms or reading fine print. They then slam you with astronomical finance fees, all to be paid back in a short amount of time.
The second you cash that check, you enter into an agreement that costs you at least 150% of the loan amount. In the fine print of the scam invitation I have in my hands now, it quotes the loan at 97.73% (!!) APR, with $400 in instant fees the moment you sign the check.
Dont do business with these people. If youre tempted by that check, and have an actual serious emergency need for money, reach out to your bank or a financially smart friend who can guide you in a direction that wont scam and/or ruin you.