Complaint Review: CASHPOINT FINANCIAL TRUST

My name is Christina, I live in Philadelphia, PA and this is kind of a long story, I will do my best to explain in detail. I applied for a bad credit loan online and I was being turned down by many lenders due to my credit, I received a call from a gentleman by the name of Adam Foster at Cash point Financial Trust in Toronto, Ontario stating that I was guaranteed approved for the loan under a couple of requirements,

Cash Point Financial Trust
712 Bloor Street West
Brampton, ON L6Y 4R2
Telephone: (866) 475-8026
Fax: (416) 848-9765
www.cashpointfinancialtrust.com


I failed to meet some of their requirements that they had asked me for since I had bad credit and nothing to offer for collateral and because I did not have a home or a car or no co-signer, they had told me I would have to pay a insurance deposit of 1,361.11 to secure the loan, therefore, I understood that and went ahead and applied for payday loans in order to pay for the loan deposit, so when I received the funds, I went ahead and withdrew my funds from my bank account thinking I would be able to pay these payday loans and my debt back right away as soon as

I received the loan and took the money to a western union and sent them the money which also cost me an additional $98.99, I also took time off work to take care of this and also spent several dollars faxing them documents back and forth to Canada at a UPS store, since I applied for payday loans, it effected my credit score to drop dramatically so therefore it affected my loan and because of this, I would have to make more of a insurance deposit to secure the loan and since I was not able to do this since I already have taken out several other payday loans and already have bad credit and because I was not able to give them more of a deposit, they told me they are required to issue me a refund of my deposit and I could apply again later, and this was as of last Wednesday 10/11/06 and now I have been calling since last Thursday to get my refund back, I have been getting no answer and I have left several messages at this business and now because of this, my bank account is overdrawn

I have no money in my bank account and I am bouncing checks. I did not think this was going to happen since I have documents signed from them, I did not think this was a scam. I need for something to happen on this, I need to have this refund issued back to me ASAP on the this money that I sent to Cash Point including the $98.99 I spent sending this money to them through western union that Adam also told me that they would reimburse me for so this would be a total of 1460.99. I cannot pay any of my bills and I am living on nothing and I do not make that much money at my job. I am desperate if there is anything you can do for me, it would be most appreciated, please feel free to contact me if you need any other information from me at :

(((ROR REDACTED PERSONAL INFORMATION FOR SECURITY PURPOSES)))

Anyway I tried to contact the Better Business Bureau in Canada and they told me that they cannot process my complaint. The case had been reviewed by them and they believe that this matter would be best addressed through Project Phone Busters. I thought your company could help me even better with this.


Can you help me with this? I would most appreciate it.

Thank You

Christina
philadelphia, Pennsylvania
U.S.A.

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