Equity Funding Group - Subprime
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A back-add (Today is 2007-08-28), multiple sources have written in to note that Equity Funding Group (efgsubmit.com) had suspended taking new submissions. Their website has been replaced with the following notice:
One source described Equity Funding's operations thusly:
We've yet to determine how many employees were affected by EFG's closure. We could also use information regarding their peak loan volume. If you have any of this information, please let us know
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Important: This company is on our list of lending operations that have "imploded". However, please note that "imploded" is a somewhat subjective and does not necessarily mean operations are ceased permanently: it can mean bankruptcy filing, temporary but open-ended halting of major operations, or "firesale" acquisition. All information here is provisional, and may contain inaccuracies (especially newer information). If you are planning on doing business with this company or any other one listed on this site, you should inquire with them directly on whether they can still meet your needs. Many are still operating in some capacity.