Complaint Review: Resource Lynx

I found an add, in a local paper, advertising a loan company that could help me get back on track. I called the number and applied. Twenty-four hours later, I received a call notifying me that I had been approved and what the terms of the loan were. To make a long story short, I was required to submit a collateral payment of $2700.00 to secure the loan.

Unfortunately, it doesn't stop there, the fees continued and included a $1500.00 insurance payment and an $1150.00 brokerage payment. I was given a written guarantee prior to sending the $1150.00 payment that this was the last fee and the funds would be released within 6-12 hours of confirmation of this last fee. Nearly a week later, still no funds, so I phoned company again and was informed an additional $989.89 was needed for some type of transfer fee. I refused.

At this time, I was informed my refund would be processed and promptly hung up on. From the tone of the conversation, I really doubt I will ever see a cent of the nearly $6000.00 I have lost from this scam.

I have notified the US Federal Trade Commission, the Canadian Authorities, and the Better Business Bureau and filed complaints with all three. Now I am seeking your help to get the word out so that this does not happen to any other people. I am about to lose my home, have my utilities shut off, everything because of this.... please help me to make sure this does not happen to anyone else..... The name of the company is RESOURCE LYNX the address I have is 309 W Main St Unit 525 Portland, IN 47371. The BBB had another address on them, this one is 315 S Anderson St. Elwood, IN. The phone number in the add is 1-888-524-1185.

Angel
Watervliet, Michigan
U.S.A.