GeneralCornerstone Discussion
Who Actually Owns SmartAdvances
Searching for the owner of SmartAdvances reveals a fragmented reality. There is not one single "SmartAdvances," but rather a network of entities.
- Who Owns the US Entity?
- Name: Don Begg .
- Location: Claymont, Delaware.
- Nature: Likely a lead aggregator or marketing company.
- Who Owns the African Entity?
- Name: Jovan Pretorius .
- Location: Pretoria, South Africa.
- History: Formerly known as GetBucks . This entity has been operating since ~2011.
- The Danger of Unregistered Apps
- If a loan app does not have a registered company number (like the NCRCP number in SA or a registration number in your state), you are borrowing from a criminal.
- Unregistered apps have been known to use your data for blackmail. They will photoshop your photo into pornographic images or send fake "Wanted" posters to your boss.
- Verdict on SmartAdvances: They do have registration numbers in specific regions . However, you must verify that your specific contract is with that registered entity. If the contract says "John Doe Lending," and the app says "SmartAdvances," that is a scam.
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