Complaint Review: The Lending Center

Was Ripped off by the Lending Center on April 30, 2012 after being " approved for a $ 10,000 loan. Was given the address and contact information just prior to sending off an Insurance fee to secure the loan of $ 895.00 plus an additional Service fee of $ 76.00, for a grand total of $ 971.00.  Naturally, when the money was wired and received by " Tisdale Financial, I was informed that my account had been flagged as being a " high risk for not repaying the loan" and that  "I would need to increase the Insurance amount by another $ 895.00" before the loan could be wired. " And how would I be sending that Today?" I stated that I was no longer interested in the loan, that I did not know anyone who could lend me $ 300.00 nor was I interested in them " investing the $ 595.00 from the loan proceeds. 

Needless to say, when I requested a refund, and because I was choosing to cancel and default on the loan, I would need to pay an early cancellation fee of $ 275.00, because I was the initiator of the cancellation and not Tisdale Lending AKA The Lending Center. Therefore, I would be forfeiting the $ 275.00 and would be required to wait between Seven (7) and Twenty (20) business days before I could be expected to receive my refund. I mentioned that I would prefer to receive my funds immediately wired to me. They mentioned that they were unauthorized to make wire transfers. However, they would give me until Monday April 2 2010 to make up my mind to continue the loan, or if I could find someone who would be willing to lend me the $ 300.00. At any rate instead of waiting for 2 hours to receive my loan, I could expect that my loan would be sent in two minutes. That' what I said as well...two minutes? At any rate, I have contacted the Washington State Attorney General's office and filed a complaint.