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  • Report:  #1502933

Complaint Review: Adelson Mutual Lending - San Jose California

Reported By:
Nick - Elizabeth, Colorado, United States
Submitted:
Updated:

Adelson Mutual Lending
584 E Empire St. Suite 302 San Jose, 95112 California, United States
Phone:
408-669-2979
Web:
www.adelsonmutual.com
Categories:
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Adelson Mutual lending (Neil Parker) contacted me a week prior to thanksgiving stating that they had acquired a loan for me. They also stated that there was a security fee for the secured loan. which come to find out is illegal for the to ask for upfront monies by California state law. Not only did they come back and ask for additional deposits. Ms. Stacey Anderson stated that there needed to be insurance purchased on this loan. Then handing me off to Brian Campbell who was supposed to be the head managing officer for the funding department stated that they would pay the other half of the insurance deposit going to a Jordan Walter who was in  Alberta Canada.

along with his associate Andrew Knox. Who have picked up all the deposit money equaling $2,440.00 dollars and now will not respond to any correspondence including Phone, Email, Text  or other. Here we are a couple weeks before Christmas trying to recover from covid debt and they think its a bright idea to conduct a lending company without license or registration with the California Secretary of state.  I am sending all of this info to not only S.E.C. but also the federal trade commission and the California Department of Financial Protection. Please do not conduct business with this company or RISK GETTING RIPPED OFF!



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2 Updates & Rebuttals

Michael

Westmont,
Illinois,
United States
Day 36

#2Consumer Comment

Fri, January 01, 2021

 Its now day 36 and I still haven't received my refund. No responses from phone calls or messages to their website. There are only 2 working phone extensions I've found, x705 and x709. Thats it. Press 0 during the company greeting and you're informed that it's an improper extension. At x709 there is an automated request to speak your name before transferring... of course nobody answers everytime.

These people are skum. They took close to $1000 from me that I had to borrow. I lost the trust of these people who were kind enough to loan me these "deposits". Adelson Mutual Lending are run by thieves... liars. Skum of the earth. Do not even think of doing business with them.


Michael

Westmont,
Illinois,
United States
Adelson Mutual Lending SCAM

#3Consumer Comment

Wed, December 30, 2020

 The same thing happened with me. They took my deposit money via MoneyGram. Brian Campbell informed me I would receive a refund in 30 days after he requested a third deposit from me and I refused and cancelled the "loan".

Its now day 34 and I haven't received anything. No funds, no phone call back, emails all bounce back as undeliverable. I keep messaging via the company website but not a word back. I was also ripped off by Adelson Mutual Lending.

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