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  • Report:  #501862

Complaint Review: Progressive Lending ( Dana Adams ) - Minneapolis Minnesota

Reported By:
Daniela Tuiolemotu - Kaneohe, Hawaii, USA
Submitted:
Updated:

Progressive Lending ( Dana Adams )
7845 Brooklynn Blvd Ste 205 Minneapolis, 55445 Minnesota, United States of America
Phone:
8888135680
Web:
N/A
Categories:
Tell us has your experience with this business or person been good? What's this?

My Husband came across this Loan Company called Progressive Lending in the news paper and an article on how they helped a family get the money they needed for some  funeral, it was very exciting because he called them up and without no questions asked he was approved for a $5,000 loan.



All communication was through fax and telephone, my husband signed a couple of contracts that they faxed to us and we sent it back to the sender the same way, not knowing that there was a catch that we needed to pay an amount of $683.00 for there premium insurance  inorder to recive the full amount of the loan, but they changed everything around and said that the $683.00 portion is only half payment of the premium insurance, the full amount that we will need to pay in order to get the loan was $1,400. they come to an agreement with my husband about only paying the  portion of $683.00 and they will take the rest out from the loan before sending it out to us. my husband wanted to send it through his account because he knew it would've been safer but they asked for it to be sent through money order instead, so he sent the $683.00 through moneygram. we called and called but no awnser or the person we was trying to reach is out of the office; all communication was lost for about 2 days, until the managers finally picked up and told us that the person who helped us make the loan is not available at this time please call back the next day, it was like this for one full week, we also addressed the manager about our situation but was never resolved by them in any way.



We never felt so low in our lives because we really thought things were actually going to work out after all until they started ignoring our calls and their so called manager came on the line stating that our money we sent has be sent back to us in check form and it won't reach us until a month but was never recived by us at all. i swear that $683.00 was all we had for the month and there was still 2 weeks left in the month to go, not only me and my husband suffered, so did my 2 children.



1 Updates & Rebuttals

PLS Management

Saint Paul,
Minnesota,
USA
Progressive Lending Solutions - CORRECTION

#2General Comment

Tue, April 25, 2017

Let it be known that the company "Progressive Lending" mentioned in this post has NOTHING to do with the Progressive Lending Solutions based in Roseville MN.  Progressive Lending Solutions is a Better Business Bureau A+ Rated Mortgage Company that works with Real Estate Financing in all parts of MN and WI.  Visit the Company Website for further info:  www.progressivels.com   BBB Client Reviews:  https://www.bbb.org/minnesota/business-reviews/mortgage-brokers/progressive-lending-solutions-inc-in-roseville-mn-96015890#bbbseal  Facebook Page:  https://www.facebook.com/realestateloancompany/

 

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