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  • Report:  #1463729

Complaint Review: Langridge Financial

Langridge Financial Kept asking for money for a loan Internet

  • Reported By:
    Linda — United States
  • Submitted:
    Sat, October 06, 2018
  • Updated:
    Sat, October 13, 2018

I applied on line for a loan. I was notified from Langridge Financial that I was approved for a loan of $10000. I was informed by Gloria Fuller that this loan would cost around $735. I asked her what could I get for $850. She told me $15000. I agreed to send $850 because I needed this loan. Ms. Fuller told me I would get the loan transferred to my account between 2-4 hours. It never came. When I called her back she informed me that I would have to pay $750 because of my credit score. I sent $750. No loan. Then I was informed that the lender wanted more money for insurance. I sent $750. No loan. When I called Langridge Financial I was informed that I had a new advisor. I kept asking why I wasn't getting this loan. The manager promised me I wouldn't have to pay any other fees. She even sent me a "guarantee letter" stating no more fees. I still never received the loan.

When I called again, I was transferred to "Gary" who claimed he was the manager. I needed to send $600 more because of insurance fees. I would also get gift cards for my troubles. Because I was desperate and needed this !oan, I sent the money. Gary told me I would receive the loan by 6:00 p.m. I called again and was transferred to the owner of the company. He informed me I had to send $1300 more. He would pay half out of his pocket. If I could come up with $500 I was assured I would receive the loan. Plus within 48-72 hours I would receive the money I had sent for taxes plus the gift cards! I asked the president if he could check with the lender to see if the lender could help me. The president informed me the lender was on vacation and couldn't be reached. They are supposed to send me a refund. I doubt I'll ever see it. Never use this company. They are crooked, liars and scammers. Do not trust them!

1 Updates & Rebuttals


FloridaNative

West Palm Beach,
Florida,
United States

There never was going to be a loan - it's a long running scam

#2Consumer Comment

Sat, October 13, 2018

The name of this scam is the Advance Fee Loan scam - not that the name matters. Real lenders for legitimate consumer loans can't charge you an upfront fee no matter what they call the fee. The minute the "lender" asked for any type of fee from you it was time to hang up and NOT send any funds. All of those Adance Fee loans are scams. They make their money off the fees you send and there never is a loan. This scam has been around for many years. IIRC 20/20 or 60 minutes has a documentary on it. The name of the lender changes. The account rep names are all fake. The reason for the fee changes all the time but none of the reasons are legitimate. It is a shame you trusted them because there never was a loan. The process is designed to take you for whatever funds you send. 

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