Warning Concerning Instant Funding Systems
The Division of Finance and Corporate Securities warns consumers and businesses about doing business with a consumer finance company purporting to operate out of Portland, Oregon.
Instant Funding Systems is not licensed with the Division, although their business may require that the company be licensed as a consumer finance business.. Information has come to the attention of the Division that Instant Funding Systems may be offering consumer financing for automobile purchases. Under Oregon law, Oregon Revised Statutes Chapter 725, a person or entity making consumer finance loans under $50,000.00 is generally required to be licensed with the Division. Anyone who has been in contact with this company should contact the Division of Finance and Corporate Securities, (503) 378-4140, and ask to speak to Rob Brunner or Charles Donald.
Consumers and businesses can check to see if a business they are planning on
doing business with is licensed with the Division, as well as find other useful
information, on the Internet at http://www.dfcs.oregon.gov.