Complaint Review: Redford Financial

I was approved for a loan through Redford Financial for 5,000. Everything seemed to be fine when i talked to them i told them how unsure i was because of fraud and they proceeded to explain to me what to look for if i was being scammed or what not. they assured me evrything was fine i explained to them how much of a bind i was in and really needed the money and they understood. they said the only thing was is because due to my credit i had to send in the first 7 monthly payments in order to receive the loan which ended up being 800.00, so i sent it money gram he said i should have my money within 24hours. the next day i checked my account and still had no loan, i called and he stated that the insurance company with the loan was requiring me to send an additional 800.00 also because of my credit. i was really upset because they had already faxed me documents explaining everything about the loan and all i had to pay was the initial 800.00 and i would receive the loan. i still have the documents. He stated to me that they are able to request additional funds but only once. so i sent the additional money (800.00) and again he stated everything looked fine and i should be receiving my money the next day. i checked the next day and still no money, so i called again and he stated to me that the lender had backed out and i would not be receiving my loan. he said he could get me a loan for 10,000 but i would be required to send another 1,600. i told him no i wanted a refund and he said i could get a refund but not til the next cycle of july 10,2009. he also stated to me that they would be taking legal action upon the lender for backing out of the loan and i should be receiving a large settlement. for the past 2 weeks i have tried to call every day and i am not able to even get through all it says is "goodbye".i really thought this loan was going to solve all of my financial problems but it didnt,it caused more..

Amy
visalia, California
U.S.A.