Complaint Review: 7 Minute Loans

I had made an inquiry for a loan on the internet and was contacted by phone by Jimmy Walker, on Tuesday, Sept 30, 2014, who informed me that I had been approved for a loan in the amount of $5000.00 and that my monthly payment would be 140.00 per month for 38 months.    All I needed to do was to purchase a MoneyPak in the amount of $140.00 and call him back just to prove that I had at least $140.00 available, and that the money was still mine, but that I must provide them with the number on the back of the MoneyPak Card, just to prove that I had actually purchased the Card as promised.   The money was supposed to be wired to my account within 15-20 minutes.    When that did not happen, I called them back, and was asked to talk to Glenn Maxwell, who was supposed to be the man in charge of all lending.

He told me that my credit score was too low, but if I would pay them and additional $360.00 that he would be able to increase my credit score and fund the loan.   He then asked me to purchase another MoneyPak in that amount and I informed him that I did not have that much money, so he finally agreed to accept $240.00 which I provided to him from the second MoneyPak I purchased.    After 30 minutes I called him back and he asked me to call him back, becasue the was working on my account.    When I finally talked to him, he told me that my account had been locked because I had sent $240.00 but I was supposed to send them $214.00.    I became angry and he just insisited that I send him an additional $214.00 and the loan funds woudl be wired within 15 minutes, but until I sent him the $214.00 my account was locked.     He also told me tht if I cancelled the loan request, that it would take 60 days for the funds to be returned.

Everyone I talked to insisited that the MoneyPak funds were mine and that they only needed to know that these funds were available.   They are full of lies and this is a major Scam.    The phone number 1-754-816-1006 is now not avaialble.

My desperation, casused me to trust this company twice within 24 hours.   Please be warned that I am now out a total of $380.00 plus the cost of two MoneyPaks at $4.95 each.    What a Rip-Off.