Money Tree Mortgage ripoff Olathe Kansas
I read the other complaints and the same thing happened to me. Except, If I remember correctly I received a phone call. I was told that I was already approved for a loan. They needed $300.00 for good faith. I asked several times if I was approved or pre-qualified. Each time I was assured that I was approved. I searched BBB to make sure they were legit. Everything checked out fine. So I done a check by phone.
I was told that I could get at least $130,000 and to go out and find a house because they like to do quick closings. Anyway, I was giving the same run around as the others. The first several times I called I spoke with some Lady, who apparently quit( that's what I was told) the next day. Anyway, this happened in March 2003. I have never received my $300.00 back.
K.
lexington, Kentucky
U.S.A.
1 Updates & Rebuttals
Luke
Tallahassee,Florida,
U.S.A.
This sounds exactly like the ole "pigeon drop" scam
#2Consumer Comment
Tue, April 13, 2004
This sounds exactly like the ole "pigeon drop" scam except that instead of a person "finding" a large sum of money in an envelope in the street and wanting to "share" it with an unsuspecting victim who is told they must put up some money as "good faith" usually a bank acount...this phony creditor tells people they guarantee a huge loan if they put up $300.00 of "good faith money".
What I don't understand is that in this country if someone uses a mask and gun to rob someone they go to prison for a while yet these white coller crimes that bilk tax payers out of thousands if not millions of dollars annually are virtually untouchable. A shame really. These slime balls should be tarred and featherd and run out of town on a rail with a big boot up the butt and told that if they come back they will wish they were not born. But that will never happen as we are much too civilized in the USA for such harsh treatment of slimeballs, so every year more unsuspecting people who are looking for a "good deal" will get screwed.
Bottom line if a creditor tells you that you need to put up money to get a loan, tell them no thanks and find another creditor.