http://www.credit.com/forum/forums/show/29.page JForum - http://www.jforum.net These people have now found a new way to collect money. Please be careful, as they try to make you feel secure in knowing your money is going through the banks, but it is just like sending it via western union..Please use your first gut reaction when dealing with these companies, as it is usually right.
These people are still calling me, and threatening me with legal action for not paying thier fees from all the paper work it took for this, trying any scare tactict to get me to send money. They are saying that they are going to take my home, car, and anything that is in my bank account, if I do not pay these funds.. Don't let anyone bully you into sending money.. I have since contacted the police, and have them dealing with this case.]]> http://www.credit.com/forum/posts/preList/437/1450.page http://www.credit.com/forum/posts/preList/437/1450.page GMT Does anybody have any scoops on a company named Global Finance? I applied to them for a 6k loan for 3 years, but they want a processing fee of $350. Didn't send them any money because I've been burned before about 10 years ago. I asked them could I send them the $350 after they send me the 6k, just to feel them out, but I think yall know what the answer to that question was.

Any help would be greatly appreciated yall.

The Info

Global finance
98 Kensington Drive
Colorado Springs, Colorado 80229 U.S

Peter D. Adamo & Bob Richards are the names of the contacts.

Thanks Yall]]> http://www.credit.com/forum/posts/preList/279/914.page http://www.credit.com/forum/posts/preList/279/914.page GMT http://www.credit.com/forum/posts/preList/278/913.page http://www.credit.com/forum/posts/preList/278/913.page GMT
Please take care and be careful with this company..I had applied for a loan through
the Hillcroft financial Lending website (which may be a front for scammers) and was
forwarded to Altec Financial Group. I was contacted by Vanessa Washington from
the company. We discussed my situation and she sent me paperwork for the loan that
she had worked up and rec'd approval on .. the paperwork looked legit, but not enough
legalese I thought..potential first red flag. (I was still sensitive to my first scam attack)

The problems started when I noticed a security deposit for the loan - I had been
approved for $10k @ 7% for 5 years. they asked for a $1375 security deposit. but Vanessa
told me that they would not deduct it from the loan proceeds.. I had to send the cash
upfront to her..I think I got suspicious when she said to use Western union..but I don't
exactly remember..All I knew was at that point, I knew this was not a good scenario.
As part of the loan, I also had to agree to an insurance policy on the loan which was part
of the total amount of the principal. While they do show up in the BBB listing as an Advanced
Fee Broker (Denver,CO or US BBB listing), I also noticed in further research that a similar
company name had also been in Canada and had been labeled as a scam. further search
results seemed to confirm my suspicions..
I also did another check earlier today and this gentleman's story popped up... Very
similar except I didn't send any money..http://www.bustathief.com/altec-financial-group/
And , to make matters more pertinent, it was right about the same time I interacted with this
individual as well. I will note that on all the paperwork, I saw just about every type of job title
in a company.. a note from the CEO, a VP welcoming me, Account rep, Account executive,
Accts Receivable Manager, all signing their portions of the paperwork.. etc...

Company Information as noted on the documentation I rec'd:
Altec Financial Group
1400 16th St Suite 350
Denver, CO 80202
Contact : Vanessa Washington
1-888-811-1051
email : AltecFinancialGroup@gmail.com

Please watch out for this company !]]> http://www.credit.com/forum/posts/preList/272/889.page http://www.credit.com/forum/posts/preList/272/889.page GMT
Just want to give a heads up to this website... I put an add out for financial assistance
and managed to almost get scammed twice.. Looks like scammers are prowling amongst
the postings on this site.

The site is called : http://www.ineedfinancialhelp.net/

There may be legitimate transactions taking place but I was scammed out of some financial
and personal information (no money was sent..but I was unfortunately fooled..). and after
that transaction, I was hit again by another person, although I was on high alert, unfortunately.
If anyone is considering using this site, please be careful.

also, I can see postings to a companion (if one can call it) site.. it can be found at this link:
http://www.needfinancialhelp.org/

Hope this helps...
]]> http://www.credit.com/forum/posts/preList/271/888.page http://www.credit.com/forum/posts/preList/271/888.page GMT
I dug a little deeper and found the host and was able to create a similar site in about 10 minutes. I then did a domain search and it came back as being registered to an individual in Canada and the domain was registered just 3 days before I got my "approval" Luckily I did not go through with the request and called the person back and informed him I was not using his service. The toll free number I called sounded like it was a forwarding service to a different phone number.

Just wanted folks to beware of another possible scam. Here is what the cover letter looked like:

Congratulations
Dear: BRYAN Sxxxxxxxxxxxxxxxxxxxxxx
You can rest assure knowing you have made the right decision by choosing SILVERSTAR LENDING to act on your behalf in finding an appropriate solution to your financial needs.

SILVERSTAR LENDING has been committed to helping our clients achieve their financial goals since 1993. Our owner and Co founder, Ronald Taylor, vision is to win loyal clients through excellent customer service and as a result 100% customer satisfaction.

We respect your privacy and guarantee the information you have provided to us will remain confidential. We see this as our responsibility and the minimum standard for meeting and exceeding our client’s expectations.

At SILVERSTAR LENDING we realize carefully planned budgets may not always stretch as far as you may need them to. Borrowing is always an option that can be taken, yet for some; it may make life more complicated than easy. Here at SILVERSTAR LENDING we welcome all of your questions. We will work with you exploring all financial options available to you. Our company is committed to treating our clients with courtesy, professionalism and respect. SILVERSTAR LENDING would like to take this time to congratulate you and inform you that we are in receipt of all the necessary documents necessary to process your loan application.

Here at SILVERSTAR LENDING we abide by all laws governing documents handling for identification purposes. All documents supplied to us are used solely for the purpose of obtaining your loan. This information is confidential and cannot be released without the verbal and /or written consent of the client. We trust that all information provided on your application is accurate. Failure to provide correct information on your application could result in this contract determined null and void.

Thank you for accepting the terms and conditions negotiated on your behalf by SILVERSTAR LENDING who will be securing the loan on your behalf.

The Insurance Coverage protects the lender in the event you refuse to pay back the negotiated terms due to the fact that you the client have become unemployed, or, have relocated without notification.

Welcome to SILVERSTAR LENDING. We have adjusted your terms to suit your personal and financial needs. We hope that we can work with serving you better than ever before, and we thank you for your partnership.


Domain information:

Registration Service Provided By: EZOT, Inc.
Contact:

Domain name: silverstarlending.com

Registrant Contact:
SilverStar
Pamela Williams ()

Fax:
1175 Ellesmere Rd
Toronto, Ontario M1T2Z7
CA

Administrative Contact:
SilverStar
Pamela Williams ()
+1.*********7
Fax:
1175 Ellesmere Rd
Toronto, Ontario M1T2Z7
CA

Technical Contact:
EZOT, Inc.
DNS Administrator ()
+1.*********1
Fax: +1.*********1
PMB 239
9597 Jones Road
Houston, TX 77065
US

Status: Locked

Name Servers:
dns.bizsiteservice.com
dns2.bizsiteservice.com

Creation date: 28 Apr 2009 15:05:18
Expiration date: 28 Apr 2010 15:05:18]]> http://www.credit.com/forum/posts/preList/209/692.page http://www.credit.com/forum/posts/preList/209/692.page GMT
]]> http://www.credit.com/forum/posts/preList/201/664.page http://www.credit.com/forum/posts/preList/201/664.page GMT http://www.credit.com/forum/posts/preList/183/601.page http://www.credit.com/forum/posts/preList/183/601.page GMT
Contact: xxxxx@yahoo.com
Location: abc inc75D Toa Payoh Lorong, Toa Payoh 319455

Greetings,

Have you been looking for financing options for your new home purchase, construction, refinance, debt consolidation, personal or business purpose. Welcome to the future! Financing made easy with us.

Contact us as we offer our financial service at a low and affordable interest rate for long and short loan term. Interested applicant should contact us for further loan acquisition procedures at xxxx@yahoo.com or xxxx@financier.com or call +*********816

Thanks as we remain obliged to render service to you.

My relative needs help desperately and was seeking my opinion.
However i advise her to post this in the forum to seek for advise.

BaoBao]]> http://www.credit.com/forum/posts/preList/175/577.page http://www.credit.com/forum/posts/preList/175/577.page GMT
To XXXX,

Please review the document enclosed.

Thank you,
Susan McFarland
**********************

I feel pretty confident that this is a scam. I put an "x" in place of my name.


And the attached word doc read:


CIRCULAR SOLUTION
1125 Boylson Street Boston, MA 02116


www.circularsolution.com


Saturday, April 25, 2009


CONGRATULATIONS!


Dear Ms. XXX:

Circular Solution realizes that even with the most careful planning, your budget may not always stretch to satisfy all of your current and future needs. One option is to do without satisfying all your needs, which may be impossible depending on your situation. Another, more logical option is to borrow what you need from our large databank of pre-screened lenders who are committed to helping people solve all of their financial problems. We welcome your questions and will work with you personally to help explore what is financially available for you. Our company is committed to solving credit problems for all of our clients; after all, we all deserve a second chance.

We respect your privacy and are committed to treating you with courtesy, professionalism and respect at all times. We will keep all the information shared by our clients highly confidential. We see this is our responsibility and the minimum standard for meeting our client service expectations.

Please contact your representative, Susan McFarland, at 1-866-475-8021 Ext. 200, in order for the terms and conditions of your loan to be disclosed.

Thank you for allowing Circular Solution to find you the best and the most appropriate financial solution. We are committed to helping our thousands of customers achieve their financial goals since 2000.


Sincerely,

Bernard Sanders
Chairman

***************************




]]> http://www.credit.com/forum/posts/preList/168/559.page http://www.credit.com/forum/posts/preList/168/559.page GMT http://www.credit.com/forum/posts/preList/159/538.page http://www.credit.com/forum/posts/preList/159/538.page GMT http://www.credit.com/forum/posts/preList/149/493.page http://www.credit.com/forum/posts/preList/149/493.page GMT
VANORSDALE]]> http://www.credit.com/forum/posts/preList/138/456.page http://www.credit.com/forum/posts/preList/138/456.page GMT http://www.credit.com/forum/posts/preList/136/445.page http://www.credit.com/forum/posts/preList/136/445.page GMT
HERE IS THE NEW SCAM WEBSITE:

http://www.morganwitterlending.com/index.html


After reading all these various complaints with the Glenwood Lending Group I know I too have also been scammed. I just didn't catch enough red flags in time or see enough signs. Your site (credit.com) was sent to me by a good friend who works with the consumer department. I wish I had checked beforehand but sometimes desperation to take care of debt and bills pushes aside patience and research. This is definitely a lesson learned and I will process my complaint via the site my friend suggested (I will note it at the end), the Better Business Bureau (funny, Glenwood's info is no longer posted as of 03/30/09), and any other suggested sites. Here too is my story:

I have been seeking a loan for the last 2 months to help pay off my auto loan. I searched various sites online and applied for secured and unsecured personal loans. Some loans were with banks directly and others with lending groups that help you find loans.

I received a callback from one of the lending groups, Glenwood Lending Group, out of New Jersey (888-314-3204). I spoke with a Ruben Lopez (X165) who indicated to me they had found a lender who would offer me a $8,000 secured loan for 48 months at a 7% fixed interest rate. The only requirement was an initial payment due to my bad credit history. He indicated five (5) initial payments of $190 (totaling $950) were required but the payments would go towards my loan as loan payments therefore receiving positive credit in my credit history. For the other loan requirements, I could make higher monthly payments at my leisure or pay off the loan early without inquiring any penalties. He also indicated that I would not start payments on my loan until 6 months later due to the initial payment and a 30-day grace period.

At this time, I researched Glenwood Lending Group via the Better Business Bureau website and their profile listed no complaints but also no other information on them other than an address and phone number. They had a "F" rating due to there wasn't enough information on them to rate them properly.

Ruban faxed me the loan agreement to review, I asked questions to make sure I understood everything, I was satisfied with the answers and the agreement, so I signed and faxed the agreement back. He called me the next day to inform me that the lender agreed to remove one (1) payment and I could pay $760 towards the loan instead of $950. I requested to have the loan agreement redone so there was no confusion. I agreed I could handle four (4) payments instead, and Ruben indicated he would provide me the instructions for sending the money after I faxed back the signed agreement. He indicated once the transaction was processed and the money was received via a Moneygram confirmation number, the lender would release the money to my bank account within 24 hours.

The fax was sent back and Ruban provided me the following information for sending the money:

1. Moneygram ONLY:

Ruban indicated the transaction would cost me $40-$60. He said if the fee was anything less, it was incorrect. He said cost to send the money would be put towards my loan and my first monthly payment would be minus this cost.)

2. Receiving Country: CANADA
3. City: Willowbrook, Ontario
4. Receiver: Caroline Manning

I was instructed to list a person's name rather than a business name because if the transaction was associated it with a business name, I would be charged an expensive cost to send the money.

This is probably the point where I should have caught on to it being a possible scam.)

5. Amount To Be Sent:

03/12/09: $760 (initial loan pay't) + $48 (Moneygram) = $808.00
03/16/09: $760 (initial loan pay't) + $48 (Moneygram) = $808.00

6. Receive Options: MoneyGram Location
7. Sender: My name, address and phone number.
8. Reference/Transaction#s: 78775561 (03/12/09); 84988224 (03/16/09)


I went to Shaw's Supermarket in Porter Square, Cambridge MA on March 12, 2009 and I completed a transaction to the Glenwood Lending Group via Connie Manning for $760. I received a receipt and confirmation (Ref# 78775561) and I contacted Ruban Lopez of the transaction. He indicated he would turn me over to the accounting department, handled by Terry Evans (X731) to complete the process, and that also since it was so late in the day I should receive the funds the next morning (March 13th). He said if I had any problems to contact him in the morning. I then spoke with Terry Evans, we reviewed my agreement, he indicated I would receive a package and a payment booklet. I requested to have the funds deposited into my account rather than receiving a check and provided my bank information (routing number/checking account#). Terry informed me I would receive the funds in my account within 24 hours and to contact him with any questions.

I checked my account the next morning and then called my bank to see if a deposit to my account was pending and they indicated there wasn't. I contacted Ruban Lopez to express concern of the deposit, he was concerned as to why I hadn't received the money and said he would further investigate the situation. He asked me to call him back in 10-15 minutes if I hadn't heard back from him within that time. I didn't hear back so I called him back. This time was different because Ruban would always answer the phone but this time he didn't. I made several attempts to no avail. I preceded to contact Terry Evans of the accounting department to find out the status of the deposit and at the time he indicated to me that Ruban Lopez was no longer handling my account.

At this time, Terry indicated that the lender decided after re-accessing my credit history that they wanted an initial four (4) more payments to put on the loan since it was a sizable loan request. I expressed that I was guaranteed the loan and couldn't understand why. He indicated that it is stated in my loan agreement that the lender is allowed one time to reaccess and determine if they want to approve the loan or request additional payments. He said if I made the additional payment they could not reaccess again and t hey had to guarantee me the loan automatically. He said if I wanted a refund of my initial payment plus the cost to send the money via Moneygram he would issue the refund. He said it would be issued on March 28th (their pay period cycle date) and I would receive the refund as a certified bank check via overnight express. I was frustrated by this time due to my deadline with my car loan so I told Terry I would think about it and he indicated to let him know as soon as I could. At this point, I was going to end it and not go through with it but my car was a major concern so I was willing to try one more tactic and if it worked I would proceed.

I contacted my uncle on March 15th and after a lengthy conversation he was willing to loan me the money, so the next day (March 16, 2009) I contacted Terry that I had the additional money and he guaranteed me I would receive the funds in three (3) hours directly to my checking account since this was all that was left to do. I went back to Shaws in Porter Square, Cambridge MA and made another $760 transaction via Moneygram to the same person (Caroline Manning) and the same information noted above then contacted Terry Evans with the reference number (Ref# 84988224). He said I was all set and to keep an eye out for the deposit within 3 hours. 3 hours, 4 hours, 5 hours went by and still no deposit. By this time my bank was closed and transactions were closed so I had to wait until the next morning. I contacted Terry first thing the next morning on March 17th and indicated I did not receive the funds. He said he would look into it and call be back in an hour or so. I contacted Terry after a couple of hours and he indicated the lending bank had pulled out on my loan and decided they didn't want to give me the loan. Terry indicated to me he had another lending group that was willing to give me a $10K loan but required more money and I said "absolutely not" and refused. I told him if he could not find me another lending company with the initial payment I had already made by Friday, March 20th I did not want to pursue any further and wanted my money refunded. He then indicated he would search for another lending company for me based on what I had already put down and would contact me.

We went back and forth for the last four (4) days up until March 20th and at that time I informed Terry I did not want to pursue a loan any longer and wished to have a refund issue. He informed me he would process the refund which would be mailed out via overnight express on Friday, March 28th and I would receive sometime between 10AM and 3PM on Saturday, March 29th. I requested a overnight tracking number and he indicated he could not provide me one because the refund is issued via another department and everything is done by automation so the tracking number would not reach me in time (I would already receive the refund). I expressed this didn't make any sense and a person is always given a tracking number to track a package but he kept on insisting any problems I could reach him.

Saturday, March 29th I remained home the entire day because I was not feeling well and the overnight package never came. I could not contact their office over the weekend because they are closed. I spoke with a friend over the weekend about my situation and she referred me to the Cambridge Consumer Affairs Department to see if I could get any assistance on my complaint.

Today, March 31st I made two (2) attempts to contact Terry Evans regarding my refund. The first attempt I left a voicemail message expressing concern and the status of the refund. I also went back to the Better Business Bureau site to obtain their information again but their listing is no longer. I remember they were out of Plainsfield or Plainsville, NJ. I believe that the information is listed on my paperwork but that may not even matter anymore at this point. ]]> http://www.credit.com/forum/posts/preList/132/434.page http://www.credit.com/forum/posts/preList/132/434.page GMT