I had a call from somebody claiming to be with Fast Cash Loans, I had been looking on line for a $2500 loan, to pay my truck off, my wife had did a title pawn and the monthly payments were way to high, its a $1500 loan, that would have, or will turn into a $1000 interest, $2500 will be the total..Anyway, they said, they would loan me $2500, with 12 payments at $185 a month, so I figured I could swing that, then they said I didnt have a co-signer, and that I had to prove Im good for the money, by going to buy a Green-Dot-MoneyPak, and put $185 on it, so I did and they verified it, they called back and told me I needed to pay the tax's on the loan, for the IRS, and to go buy another Green-Dot card and put another $265 on it..I came unglued, they flat refused to refund my $185..I am on Disability and that broke me, till next month!!!PLEASE HELP ME, AND HELP OTHERS THAT THEY HAVE SCAMMED..
FloridaNative
Palm Beach Gardens,#2Consumer Comment
Sat, April 12, 2014
Some red flags can tip you off to scam artists’ tricks. For example:
Banks and other legitimate lenders generally evaluate creditworthiness and confirm the information in an application before they grant firm offers of credit to anyone.
Legitimate lenders often charge application, appraisal, or credit report fees. The differences? They disclose their fees clearly and prominently; they take their fees from the amount you borrow; and the fees usually are paid to the lender or broker after the loan is approved.
And if a lender says they won’t check your credit history, but wants your personal information, like your Social Security number or bank account number? Go somewhere else. They may use your information to debit your bank account to pay a fee they’re hiding.
Finally, just because you’ve received a slick promotion, seen an ad for a loan or credit card in a prominent place in your neighborhood or in your newspaper, on television or on the Internet, or heard one on the radio, don’t assume it’s a good deal — or even legitimate. Scam artists work hard to make you think they're legitimate, so it’s really important to do your homework.