Complaint Review: Debt Free Finincal Credit Union

I was applying for a lot of small business loans and was contacted by a co. called debt free fininical stating I had been approved for a $5000 loan. I was told that due to my past credit history i needed to pay the first four payments as a security deposit.

I wired the money $900 and was told my check would be couriered to me within the next 48hrs. The next day i recived a phone call stating that the insurance co. that approved the loan made a mistake and that thay needed seven mos. security deposit.

So I then again sent more money. $600. So a total of $1500 all toghether. I never heard from them again. Thay sent me real looking contracts and papers but it was a hustle.

Shane
denver, Colorado
U.S.A.