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Have you been scammed by a company or person offering loans? We want to hear your story!
If you have been scammed by some type of loan lender and you want to warn others please use the comment form below to submit your story. Be as descriptive as possible about what happened during the process. Things like business names used, personal names used, email address, phone numbers, physical address, P.O boxes and anything else you can think of that can help protect the public.
I can’t remember a lot of the details but I was scammed big time. I should have know better but at least I do know and I hope this helps someone else.
I posted a question of Yahoo Answers asking how to get a loan if I have bad credit. Received a couple replies and one was from some guy who pretended to be a loan lender. He listed his business name, name, email and contact phone number. I don’t have any of these details now because it was a couple years ago.
Anyway I contacted him like a dummy and he offered me a 6000.00 dollar loan. I didn’t give him any of my financial information so I felt pretty safe. He told me I would have to pay a 275.00 dollar approval fee up front. That should have been a big red flag right there but all I saw was 6k.
The guy faxed the terms of the loan and I sent him a money order for 275.00 dollars. Well, big surprise I never heard back from him and I chalked it up to a lesson learned. I see these scams all the time online now and I can’t believe I ever fell for it.
That’s my story and I hope it saves at least one other person. Just wanted to say I think it’s cool that you guys are doing something like this, wish you did it a couple years ago lol.
I was approved for what I thought was a $5,000 loan to help me get caught up with my bills and some debt consolidation. I knew I had some credit issues so I was surprised a company was willing to work with me. Well, low and behold I was sooooo stupid.
I filled out an application online and received a call from Jonathon, with Lawrence Park Financial Services. After receiving a contract by fax, signing and sending back, Jonathon informed me that because I had no security for the loan, and my credit score was low the lender was requiring 10 months worth of secured payments. THIS SHOULD OF STOPPED ME DEAD IN MY TRACKS!!!!!!
I thought I had researched enough and believed I was ok with sending the down payment. I thought this would be my chance to get caught up and I was just happy someone was willing to work with me. Thursday, February 4th like an idiot, I sent the required payments totaling $1690.00 and Friday the 5th, Douglas with Lawrence Park Financial Services called and said the lender back out and supposedly they cannot refund my money until March.
I am sure they are having a good laugh, while I am now struggling to figure out how to make my house payment this month, and I will never see the money again.
BEWARE OF: LAWRENCE PARK FINANCIAL SERVICES
347 5TH AVENUE
NEW YORK, NY 10016
877-852-3662
lawrenceparkfinancial.com
I have bad credit and was behind on bills due to payday loans. I was contacted by Century Financial with a promise of 7000 and was so happy that now I would get ahead. I was told that I needed to pay 4 months in advance and have a “insurance policy” incase I defaulted, I fell for it hook line and sinker. I spoke with the “legal department” and my “loan consultant” several times. I sent in a total of 1166.00 for the advance and the insurance and have not heard from the people since nor do they take my phone calls, it is just a recording now. Please everyone beware of Century Financial
Century Financial
89 Broad St.
Boston, MA
877-424-6889
I would like to no if Lawrence Park Financial really do exsist. i Dont want to be scammed for 1200.00 dollars . They to me to send the money to A Susan Brown in Ontario Canada can anyone answer before I send the money?
Yes of course Lawrence Park Financial is a scam did you read the post above? You should NEVER have to give someone money to get a loan, what kind of sense does that make?
OMG,this same thing happen to me on January 25,2010.
Lawrence Park Financial Services
347 5TH AVENUE
NEW YORK, NY 1016
Same thing I filled out a credit application online like a ( big ass dummy ). Anyways a guy named James Gaston contacted me with an EXTOF ( 201 ) and ( 0 ) for a Mr. Fisher who they claim is the big dawg there. Mr. James Gaston said I was approved for a $5000 loan and he said in order to get the loan I need to send money to their outside lender in Canada who is a lending agency.
There supposedly fund them to a Amber Clark in the amount of $887 through Western Union so I did and that should have thrown all kinds of red flags in my face but in the back of my mind everything seemed to check out. I had a gut instinct telling me not to do it but in this economy and in tough times I thought they could help you ( lol ) from them as I see the same thing happen to you guys. We all need to get together and this this crap stopped and get them prosecuted to the fullest extent of the law.
I don’t know about yall but I’m going to work hard to get my money from they by any means necessary. So if you have been scammed please reply to me here and send me an email to scott_fsu_22@yahoo.com with Lawrence Park Scam in the title so we can talk and get something done.
Thanks
I got this from some one trying to offer me a loan today. It’s an obvious scam and I wanted to make sure no one else falls for it.
“Hello
Thanks for your E-mail regarding my Financial Advert, Before we
proceed, I will like to Introduce my self to you shortly,my name’s are
Mr.JOHN.MERRICK,I am the Managing Director (MD) of Johnt Loan Firm,i
give out Loan at a low interest rate of 5%,I give out Personal
Loans,Business Expansion Loans, Business Start-up Loans ,Education
Loans, Debt Consolidation Loans,Venture Capital,Hard Money Loans,even
to those with Bad Credit, ETC,We offer Loan Ranging from a Minimum
Amount of Three Thousand Dollars ($3,000.00USD) and to a Maximum Rang
of Ten Million Dollars ($10,000,000.00USD)..So i want you to state how
much you intend to get as a Loan and your Suitable duration for this
Loan so that we can send you the Loan Terms Re-payment Schedule to
this effect…
if you are interested contact via johnmerrick01@gmail.com
FILL THE BORROWER’S INFORMATION
Your Name:______________________
Your Address:____________________
Your Country:____________________
Your Occupation:__________________
Loan Amount Needed:______________
Loan Duration:____________________
Monthly Income:__________________
Cell phone Number:________________
Have a nice day and God Bless you.
Warm Regards
Mr.John.merrick
JOHN loan Finance Plc”
Scam Recap Cliff Notes: This guy is supposedly a lender who offers low interest loans at the rate of 5%. The minimum loan he supposedly offers is 3000.00 dollars with a maximum of 10,000,000.00 dollars, this made me laugh.
If you send this guy your details the next step would be he contacts you and says he is setting up the loan. He will request personal information so he can steal your identity and asks for a loan down payment.
Name: Mr. John Merrick
Position: Managing Director
Company: John Loan Finance Firm
Email: johnmerrick01@gmail.com
I am like most people out there just trying to get a loan so I can get caught up with the bills. I am very skeptical about gettting a loan from a private lender, much less a company that claims they can guarantee a loan for a fee. Never fall for anything like that because you will find yourself in a very bad situation.
My advice is to borrow the money you need from family or friends OR check with BBB first if the company is legit. Most of the time they are not registered with BBB or they just don’t exist.
My husband and I fell for the Lawrence Park Financial scam as well. Our contact was David Bell. After sending in 2 payments and never seeing a loan we told them to forget it and were told our money would be refunded in March.
We filed a claim with our local police, the Federal Trade commission and an organization in Canada called Phone Busters. They are a part of a police station that is investigating these scams. I don’t expect we will see our money, but hope we can save someone else from making the same costly mistake!
Same thing happend here I just got off the phone with the F.B.I they told me to let you guys know to fill out a complaint at http://WWW.IC3.GOV do this as soon as possible ty.
I was scamed as well. I looked it all up and referenced all of everthing from Jonathon Moore. It semed legit so I proceeded with the transfer.
I should have known I wish I could just get my money back cause I am on fixed an income of 873 a month and that was all I gave him. So I was out and negative in my bank acccount for february now my march money is gone because of all the bills and negative transactions that were made from the bank. I need help im a senior citizen i should know better.
The same thing happend to me with lawrence park financial. Mr tillman and robert churchill were my contacts. I filled out a application for a private student loan to finish school. 20,000 dollars and was told I was aproved but I would have to make a colletral payment of 1700 and change to get the loan released.
Sent the money and then was told due to the lenders insurance I would have to make another payment of the same thing for it to be relased or wate untill march 1st to get a refund. So I waited and when the first came no money… The phone was disconected and the web site down. Now I’m stuck out of school can any one help?
Messages like the one below are another common type of scam that you will find posted all over the Internet.
” Do you need finance in your business (trade), or at your offices, or do you want to clear off debt? i am a reliable lender who gives out loan to people of any working class, have financial difficulties, our services are reliable and affordable. For loan application form contact this email via: richardgreg_loan@sify.com “