Complaint Review: Softron Financial

I was trying to get a personal loan and was told to look online, that I might be able to find a lower interest rate there. Well,go figure with my luck, I find Softron Financial and apply on their website for a personal loan.

A few days later Melanie Fletcher, if that's her name, calls me and tells me that I'm approved for a 5000.00 personal loan. 24 months, 7.5% apr and 192.01 a month. But there is a catch, you have to give them 25% as an insurance up front and send it to Canada. If you pay everything fine after 6 months they will apply it to your loan.

I need a loan so why would I have that much to give them, Melanie tells me to just send 800.00 and that would be fine. Well stupid me sends them the money and Western Unions it to New Market Canada to some guy name Darren Mitchell. This girl sold me this, sounded legal and professional.(at the time) I'm told my money will be there Tuesday after the holidays, Jan. 17th. Well I check my account and NO MONEY!

I call her she doesn't answer, leave messages and she NEVER calls back. After trying different extentions, no one answers but a audiomated thing, I reach another company clown Derek Hatcher. He now has my acct. and he has a story for everything. I now need to send him the rest of the 25% and he'll release the money. Explain that wasn't the agreement and I don't have it and he tells me to go borrow it from a friend. WHAT!

Derek has told me everything from the bank in Canada can't connect with mine, not true, to he was overnight expressing it, also not true. First he told me that he was the man in charge and then after numerous calls put's some guy named John Singleton on the phone. This is the boss who sounds just like DEREK! Do their names sound fake? Well they are, address is NY, fax is Queens and the 866 #, who know's where that is.

Today is Feb. 1, 2006 and I have yet to see one single cent. I'm a single mom and they took ever cent from me with the promise that I had a loan. They hurt me financially so bad that it is almost impossible for me to recover right now. $800.00 out the window and my account went into serious overdraft and I broke out in hives from the stress.

Please learn from my mistake and do not do business with this company. They lie and you will never see the money. I filled an FBI report, Fraud.org report,Western Union and police report. They have a copy of my DL, paycheck and checking account number. They police said the are probably stealing identities and this happens all the time. I'll never forget what the police officer said to me "you should never send money to get money." Don't do business with companies that want you to send money out of the country, you'll never see it again. Stay away from Softron Financial, they lie and they are really good at it.

Kerry
Ramona, California
U.S.A.