ALM Bureau are listed in the Financial Services category.

ALM Bureau Products / Services

Description

ALM is the agency regulating the specialty loan broker and credit enhancement industry in the U.S.

There is an emerging industry of specialty personal/business loan programs offered by companies all over the U.S who assist borrowers in acquiring loans from major national banks. As you can imagine, in this economic downturn it is very difficult for people to get loans funded from banks, so thousands of people have begun using personal and business loan brokers to get them the funding that they need. With the massive growth in this industry, there has become an even larger demand for industry regulation, as there have been countless cases of fraud and scams reported by consumers seeking these types of companies.

ALM allows the general public the access to an industry which they would not usually have secured access to. ALM ensures that the consumer gets the services that are advertised by broker companies by putting these companies through a vigorous six-point verification process, eliminating the concern of consumers getting scammed. ALM also help shut down fraudulent companies as well. ALM has helped shut down more than 40 fraudulent or scam companies within the last 6 months alone.

ALM has introduced a online web portal called TheAlternativeLoanMachine.com.
This free resource is accessible so that all people searching for funding options will be safe and secure.

ALM also has other exciting search tools such as the Verified Ads Section, The Referral Network and the Resource Exchange Program.