- Report: #540491
Complaint Review: avistar finacial group - denver Colorado
Reported By:
debbie -
louisville, Kentucky, United States of America
Submitted:
Updated:
-
Author Not Confirmed
Why?
avistar finacial group
1601 E19th ave suite4530 denver, 80218 Colorado, United States of America
Phone:
18883476494
Web:
Categories:
Business Rating:
(0)
Tell us has your experience with this business or person been good?
avistar finacial group asked for money up front for a loan and then did not come through denver, Colorado
applied for a loan from this company, they asked for $825 up front. I sent them the money and then they wanted another $1000 for an insurance policy. I never did receive the money.
1 Updates & Rebuttals
Flynrider
Phoeix,Arizona,
U.S.A.
Not a loan company
#2Consumer Suggestion
Wed, December 16, 2009
You were dealing with a couple of scammers, not an actual company. They either make up a name, or steal the name of an existing company to pull it off.
Legitimate lenders do not charge a large up front fee to provide a loan. These scammers likely had you send them money via an untraceable means like Western Union or Moneygram. Real companies don't do business that way, but scammers insist on it. They probably had you send the money to someone in another country as well. This ensures that no U.S. law enforcement agency has jurisdiction over the transaction.
This is called the Advance Fee Loan Scam. Read the FTC webpage about it here:
http://www.ftc.gov/bcp/edu/pubs/consumer/telemarketing/tel16.shtm
