Emerald Pratt & Whitney loan is not a formal lending institution. The institution does not cooperate with banks, but mainly helps borrowers to apply for online loans. It is said that it will charge a guarantee fee of as high as 15% to 20%. However, many borrowers reported that the loan was not successful in the end, which also wasted time and money. In addition, some people said that there would be credit problems in the application process. In summary, it can be concluded that Emerald Pratt & Whitney Loan is not a formal lending institution.