Complaint Review: Fairfax Lending Services

In April 2007 I was contacted by Charles Foster from Fairfax Lending regarding a loan I applied for in the amount of $5,000.00. He was pleasant as could be and I actually joked with him about this company being legitimate because I never did anything like this before. He assured me that it was!

So he proceeded to send me the loan agreement in which I was to send 900.00 to some Ruth Murdock in Canada. Being excited that I was finally going to get some financial help..I willingly sent the money. In a short 24 hours I would have the 5,000.00 and be able to dig out. I was impressed with the low interest rate and the low monthly payments!

Well 24 hours rolled around and a Gary Morgan called me back to tell me that the lender had pulled out and the company was filing legal action against them...blah, blah, blah. He informed me that he could get hooked up with another lender if I sent an additional $900.00 as collateral. Being in a financial daze, I borrowed the money from my company and went and sent it to Ruth Murdock. Whoo, now I just wait 24 hours and I'll get my $5,000.00. Not so, I get a call from Gary Morgan the next day and he said the same thing. more collateral needed, an additional $900.00 needed, but this time I could get $10,000.00.

Well I think I finally snapped out of my daze and said I had nothing left to give you. I explained to Gary Morgan that I had given them my last two paychecks and that I was a single parent and I couldn't afford to give him anymore. At this point I was crying hysterically on the phone and this Gary Morgan was the rudest man I had ever dealt with. I knew right then that this company was not for real and I told him so. To which his response was something cocky and snotty!

It was then that I did my research because I wanted to report this individual to his superiors. He told me I was to receive my refund along with the moneygram fees on the next billing cycle, which by the way has come and gone. I am willing to do anything to have that company get what they deserve!

Now I'm penniless, my account is overdrawn, I can't buy food for my kid and I'm borrowing money that I can't pay back. Lets get these guys!

Katherine
Peckville, Pennsylvania
U.S.A.