Complaint Review: Georgia Lending Group Jonathon Olsen

I found this company while searching yahoo to find a company who will give me a loan for bad credit. I filled out the application on-line and I got a confirmation back stating that I would receive a answer in 24 hours and this was on a Friday and I received a phone call from Jonathon on Monday.

He said I was approved for 10,000 and that I was a high risk and that I would have to put 10% down. He then explained to me how much my payments would be and the interest rate and If I was still interested in getting the loan. I told him yes and he said he would have his secretary draw up the contact and that he would send it to my e-mail.

He said that I also had to fax him a copy of my drivers license and after I received the contract I had to fill it out and then send the money. Jonathon said that after he receives the money I would then get my money in 48 hours.

After I hung up the phone I did some research and found this web site ripoffreport.com and searched for the company and it came up with a few other peoples complaints. I was fortunate that I didn't send the money but, he still has some of my private information that I gave him over the phone and on the application.

I can't believe that people like this get away with it and go on living their lives.....

LMG
St. Paul, Minnesota
U.S.A.