Who Owns quick2lend.com?

Quick2lend.com is owned and operated by PingYo Inc. The website explicitly states this information in its legal disclaimer section, typically found at the bottom of the homepage or within the terms and conditions. PingYo Inc. is identified as being incorporated in Florida under company number P14000071598, with a physical address located at 6586 W Atlantic Ave, Unit #2050, Delray Beach, FL 33446. This level of transparency regarding ownership and corporate registration is a positive sign for legitimacy within the conventional business sphere, as it allows for verification of the entity behind the website.

Corporate Registration and Transparency

The clear disclosure of PingYo Inc.’s incorporation details, including the state, company number, and physical address, provides a verifiable corporate identity.

This is a crucial aspect for any online business, as it allows consumers and regulatory bodies to identify and locate the entity responsible for the website’s operations.

• Legal Accountability: Knowing the incorporated entity allows for legal accountability. If there were significant legal issues or consumer protection concerns, the registered company could be pursued.
• Verification of Existence: The company number (P14000071598) and registered address (6586 W Atlantic Ave, Unit #2050, Delray Beach, FL 33446) can be cross-referenced with Florida state business registries to confirm its active status. This adds a layer of trust in their conventional legitimacy.
• Standard Business Practice: Providing this information is a standard and expected practice for reputable businesses operating online, particularly those in the financial sector.

Role of PingYo Inc. in the Lending Ecosystem

As previously established, PingYo Inc., through quick2lend.com, functions as an “advertising referral service.” This means they do not lend money directly, nor do they make credit decisions.

Their business model is to connect potential borrowers with a network of third-party lenders.

They are compensated by these lenders for successful referrals. g2g.com Trustpilot Reviews Overview

• Intermediary Function: PingYo Inc.’s role is strictly as an intermediary. They facilitate the initial connection between a borrower seeking a loan and a lender willing to provide one.
• Compensation Model: The website clearly states, “We are compensated by these lenders or lending partners for connecting you with them, and the compensation received may affect which offer you are presented with.” This transparency about their revenue model is important.
• No Lending Risk: Since PingYo Inc. is not the lender, they do not bear the credit risk associated with the loans. Their revenue is derived from lead generation, not from the repayment of loans.

Comparison to Other Online Financial Services

The model used by PingYo Inc.

for quick2lend.com is common among online lead generation platforms in various industries, including finance.

Many comparison websites or referral services operate on a similar basis, connecting consumers with service providers.

• Lead Generation Industry: PingYo Inc. operates within the lead generation industry, where the value lies in efficiently matching consumer demand with supplier offerings.
• Affiliate Marketing: In essence, quick2lend.com functions as an affiliate marketer for various lenders, earning a commission for each qualified lead or conversion.
• Lack of Direct Financial Control: While they facilitate the connection, they have no direct control over the terms, conditions, or collection practices of the actual lenders. This is explicitly stated multiple times on the website.

Ethical Implications of Ownership (Riba Facilitation)

While PingYo Inc.

itself may be a legitimate, registered company, its ownership of quick2lend.com, which facilitates interest-based loans, carries significant ethical implications from an Islamic perspective. How Does onceupon.photo Work?

The fact that they are compensated for connecting individuals to Riba-based transactions makes them complicit in a forbidden activity, regardless of their direct involvement in the lending itself.

• Indirect Involvement in Riba: Even as an intermediary, PingYo Inc. profits from the chain of transactions that includes interest. This indirect involvement is still problematic.
• Promoting Haram Transactions: By actively advertising and facilitating access to interest-based loans, they are effectively promoting and enabling a practice that is prohibited in Islam.
• Responsibility for the Platform’s Purpose: As owners, they are ultimately responsible for the primary function of quick2lend.com, which is to serve as a gateway to Riba-laden financial products.