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Christin, Canada | 26-Aug-2015 |
Scam Phone Number 6137030151, Scotia loans scam. Took $500. Now wants $350 more.
This loan company had me send $500 for a $10,000.00 loan for $250 a month for 5 years now they are saying they need $350 more to release the funds for banking fees
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It was indeed callous on your part to go ahead and send money to someone who called you over phone and offered loan!
A legitimate lender will NEVER ask to pay fees or installment in advance. A legitimate lender will not accept payments by cash cards, Western Union or Money Gram. A payment for a loan has to go to the account of the company. Payment using WU, Money Gram or reloadable cash cards would not get credited to company account! These are cash payments which would be picked up by the person who contacted you and he would naturally disappear or may make you pay more having found that you are “pliable”!
In future, you should verify whether the company offering loan is legit and an approved lender. And whether the payment you are supposed to make directly reaches the account of the company.
How do we know whether a company is registered and has a license? Should I payback, if I have taken loan from an illegal firm? Find Answers at: www.scamcallfighters.com/Is-the-Company-Offering-Payday-Loan-Legitimate-or-a-Fraud--Avoid-Scam--blog-60.html