Complaint Review: North American Financial Resources

These people are smooth, too smooth. I was desperate (with only fair credit) and applied for a loan through them. I would have done more homework but was under a time crunch.

Basically, these people have you wire a cash "collateral" to a third-party "lender" to receive a loan. The only problem is, you don't receive a loan after successfully sending the "collateral."

Also, I couldn't get hold of my "loan officer," a Mr. Alec Stockton, or his boss, a Mr. Michael Rose on the date (9/8/06) when my loan was supposed to be in my bank account. No return calls, nothing. Don't waste time or money dealing with these clowns!

I've already filed an FTC complaint. Hopefully, law-enforcement will catch up to this scam outfit.

T
Washington, District of Columbia
U.S.A.