- Report: #154821
Complaint Review: Union Mutual Financial Solutions - Newport Rhode Island
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Author Confirmed
Why?
Union Mutual Financial Solutions
Thames Street Newport, Rhode Island, U.S.A.
Phone:
888-416-9277
Web:
N/A
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Business Rating:
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Tell us has your experience with this business or person been good?
Union Mutual Financial Solutions FRAUD LOAN COMPANY. THEY WILL TAKE YOUR MONEY. AVOID THIS COMPANY LIKE THE PLAGUE! Newport Rhode Island
This company is a scam. I luckily was doing my research on the company before I sent them money. I was told that I was approved for a loan and to send 5 payments upfront and that after that I would not have a payment until 6 months later.
It all sounded very legit, but luckily I got a hold of someone at the Attorney General's office in Rhode Island and she told me that she has had calls regarding the company and even sent the police to the address they gave to find out that the building is actually a condo that has been for rent for a long time. THEY DO NOT EXIST, THEY OPERATE OUT OF CANADA AND WANT YOU TO WIRE MONEY AS COLLATERAL FOR THE LOAN. AVOID THIS COMPANY LIKE THE PLAGUE.
Tara
Independence, Kentucky
U.S.A.
It all sounded very legit, but luckily I got a hold of someone at the Attorney General's office in Rhode Island and she told me that she has had calls regarding the company and even sent the police to the address they gave to find out that the building is actually a condo that has been for rent for a long time. THEY DO NOT EXIST, THEY OPERATE OUT OF CANADA AND WANT YOU TO WIRE MONEY AS COLLATERAL FOR THE LOAN. AVOID THIS COMPANY LIKE THE PLAGUE.
Tara
Independence, Kentucky
U.S.A.
2 Updates & Rebuttals
Matthew
Plainfield,Illinois,
U.S.A.
How can they be stopped
#2Consumer Suggestion
Fri, September 02, 2005
If people have submitted there money and believe they are getting ripped off and calls have been made why are they still in business. This doesnt seem legit enough. Some times banks or loan company's ask for collateral to cover the loan and future payments can be made as collateral. But if you contacted the attourney generals office dont you think that a further investigation would be followed up on the company if that have recieved evidence in the past?
Sherri
Piedmont,California,
U.S.A.
I DON'T GET IT.....
#3Consumer Comment
Wed, August 24, 2005
If someone is in desperate need of money and needs a loan, why would one pay money upfront? If there are fees, etc.,those would be taken out of the proceeds of the loan. Just the fact that a "loan company" would expect money from you before even disbursing the funds would be a HUGE red flag about how legitimate they are. Glad you didn't taken, but think about it.
