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This company and it's affiliates are running deceptive advertising on social media platforms. They are claiming Congress approved a new program offering {$50000.00} deposits to anyone. At no time does the ad state it is for a high-interest personal loan. The company runs many advertisements with fake, XXXX news articles from XXXX XXXX and XXXX.
The ads appear to be run by On the Barrelhead, Inc. d/b/a PersonalLoanPro XXXX # XXXX.
The transcript of an example deceptive ad follows ( original video is attached ) " This is being covered up by XXXX buying XXXX.
Congress was just on the news announcing this new program that's giving Americans over the age of 21 up to {$50000.00}.
You don't need any credit history, or bank requirements at all to get your deposit.
The best part is anybody can do this online and it only takes a few minutes, all you have to do is let them know why you need the money, how much money you need, and just like that you can see how much '' - This is not being " covered up '' by XXXX buying XXXX - Neither congress nor any government official was " just on the news '' announcing such a program - Credit history AND banking is required to obtain a loan and get the deposit - Anyone can not do this
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