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Tripar Financial Total Ripoff! They kept my money but not their promise! New York New York
On May 14, I was contacted by Peter Sanders ext. 29 with Tripar Financial. He told me that I had been approved for a personal loan for $5000. The fixed interest rate was 7.5%, monthly payment of $140.00. All I had to do was to provide $800.00 for cash collateral and after 6 monthsof "on-time" payments, the $800 will be put towards the remaining loan balance.
On May 17th, I sent $800 by Western Union as instructed by Mr. Sanders. That cost me an additional $67.00 which I was told I would get back once I faxed him a copy of the receipt. The money was sent to a Jason Hunter in Ontario, Canada. I immediately called Mr. Sanders after I sent the money, I gave him the number on the receipt, he confirmed the wire and he then told me that the $5000 will be direct deposited into my account by in the morning.
On May 18th, I checked my account several times, no money, so I called Peter, he told me that Tripar had put a hold on my money until I sent an additional $756.00 for an insurance policy (high-risk loan requirement). I then had red flags going off! I demanded my money back and he informed me that a refund will processed and mailed out that day. I have called and left many messages since that day and I have not heard back from him, nor have I received my money back. Mr. Sanders and Tripar Financial are scam artists and need to be stopped! They prey on the weak and should be ashamed of themselves.