Complaint Review: Boswell Capital Group

I recieved a call from Boswell Capital Group stating I could get a $5,000.00 loan at 6% interest, I only had to MoneyGram a $900 security deposit to them and the loan money would be deposited into my account the next day. The next day came and there was no money in the account so I called the "gentleman" by the name of Chad Hall who was handling the loan to see what was going on, but he did not know. He transferred me to his supervisor a guy by the name of Peter White who told they re-ran my credit and I would have to send them another $900.00 security deposit. I refused to do this and stated I would like a refund of my original security deposit. Peter informed I would not recieve a refund until the clients next billing cycle on 4/16/09. I am very skeptical that I will ever recieve a refund. These guys are criminals and need to be stopped and hopefully arrested. Do not ever send this company any money for a loan. You will only part with your own money.

Outbackman1
Lebanon, Indiana
U.S.A.