- Report: #508732
Complaint Review: The Levington Lending Group - Chicago Illinois
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Author Not Confirmed
Why?
The Levington Lending Group
737 North Michigan Chicago, 60611 Illinois, United States of America
Phone:
8778523861
Web:
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Business Rating:
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Tell us has your experience with this business or person been good?
The Levington Lending Group fraudulent scam artists legal looking documents now reported to bbb collateral for loans stollen Chicago, Illinois
The Levington Lending Group told me they were making loans through private individuals or corporations that wished to make loans available through themselves. I was ecstatic! I was approved through a lender and was offered a loan for $15,000.00 at 6% interest for 18 months repayment and without a penalty for early pay off! I can go see my dentist and get my emergency dental work done after all.
The lender was requiring collateral for this loan, but not a lein on my home or auto simply a good will jesture of making the 1st 2 loan payments prior. Fine, I can do that, and although the monthly payments sound like a lot to most, I can make those payments as well. I signed and faxed my loan papers to them 9/22/2009. On 9/28/2009 I had monies available for the 1st 2 payments and was ready to proceed. I thought that they would do an automatic withdrawl and monies would be disbursed for my loan the same way.
My lender is in Canada appaerently that means I must wire the payment directly to him. Red flags began waving, although the paper work looked completely legal and I deal in documents similar on a daily basis, I was also in a hurry to visit my dentist. I wired the monies $1,774.47 + an additional $109. for the wire, went back to my home office and called Dave Askew at Levington Lending to find out when my funds would be deposited assuming they might need a day or so.
I was then told that the lender was now asking for an additional 2 payments up front. I said no, that was not in our agreement and I wanted my loan. He hmmmed andhawwed and finally asked me if I then wanted to cancel the loan, which I did not, I wanted the loan on the terms agreed upon and set in writting. However, I told him I did, if he could not come through with the terms as agreed upon, then I wanted immediate reimbursement of my funds.
He then told me he couldn't do that until 10/19/2009. That simply is not acceptable. I was able to make my payment on time (before the close of 10/09/2009 - this was wired on 9/28/2009). Now he could make my refund timely as well.
I have received no loan, no refund and last I addressed him I told him he was being reported to the BBB. No response as of yet. I'll bet the BBB gets one!
Do not loose your time, money or sleep to these criminals! Forget getting a legitimate loan here!
2 Updates & Rebuttals
Laurie
Haslet,Texas,
U.S.A.
THE BBB CANNOT AND WILL NOT DO ANYTHING
#2General Comment
Wed, October 14, 2009
You have to go to the CORRECT GOVERNMENT AGENCY!!
Where to Complain
If you think youve had an experience with an advance-fee loan scam, report it to the FTC.
The FTC works for the consumer to prevent fraudulent, deceptive, and unfair business practices in the marketplace and to provide information to help consumers spot, stop, and avoid them. To file a complaint or to get free information on consumer issues, visit ftc.gov or call toll-free, 1-877-FTC-HELP (1-877-382-4357); TTY: 1-866-653-4261. The FTC enters consumer complaints into the Consumer Sentinel Network, a secure online database and investigative tool used by hundreds of civil and criminal law enforcement agencies in the U.S. and abroad.
Flynrider
Phoeix,Arizona,
U.S.A.
Not an actual company.
#3Consumer Comment
Wed, October 14, 2009
This is just a few scammers with Internet access and throwaway cell phones. You have not been dealing with a loan company. What you did was to send $1774 to an anonymous person on the Internet via an untraceable means (Moneygram or Western Union).
You should have listened to those red flags. When someone you don't know requires you to wire money that way, you are being scammed. Also, when you have to pay in advance for a loan, you're being scammed. Real loan companies don't work that way (it would be illegal).
For more details on this scam, check the FTC's Advance Fee Loan Scam webpage :
http://www.ftc.gov/bcp/edu/pubs/consumer/telemarketing/tel16.shtm
