I was contacted by a man saying he was from GE Capital Bank and I was approved for a loan up to $5,000. I told him I only needed $2,000 he said in order to get the loan I would have to show that I could pay the first installment payment of $160 by greendot moneypak. After doing so he said the $2,000 plus my $160 would be wired to my account within 1 hour. After the hour he said I would need to pay an additional $240 for insurance to secure the loan in case I didn`t pay it back the insurance would cover it. I refused to pay anymore money he said I would lose my $160 and forfeit the loan because there are no refunds.