If you are struggling with bad credit history, it can be hard to secure financing from a conventional bank. Teletrack loans were once a feasible solution for people with low credit scores, ソフト闇金 but they are no longer as readily available as they once were.

Teletrack loans are essentially payday-style loans that use financial data provider Teletrack, to monitor people's financial habits. By using this financial assessment tool, lenders can assess the risk of lending. The problem with Teletrack loans, however, is that they often come with onerous financial terms, making them nearly hard to manage.

Given the new rules and regulations introduced by the Consumer Financial Protection Bureau in 2013, many lenders are no longer willing to offer Teletrack loans. The CFPB set guidelines to safeguard borrowers, one of which is the limitation on offering loans with an annual percentage rate of over 36%. This effectively ruled out the loans with high rates that had gained popularity.