- Report: #139373
Complaint Review: Westgate Corporation - Apple Valley Minnesota
-
Author Confirmed
Why?
Westgate Corporation
7373 West 147th Street, Suite130 Apple Valley, 55124-7691 Minnesota, U.S.A.
Phone:
800-609-6324
Web:
N/A
Categories:
Business Rating:
(0)
Tell us has your experience with this business or person been good?
Westgate Corporation Rips Off Consumers with Bad Credit by Offering Loans and Not Sending Them Apple Valley Minnesota
I applied online for an unsecured personal loan with Westgate. Due to my poor credit, I was desperate for someone to help me.
I was called by Sharon Dash, a loan officer from Westgate who told me that I had been approved for the loan I requested. She emailed me the master loan agreement which I signed and sent back to her.
She advised me that because of my credit, the underwriter of the loan (Brokers Trust Ins. Co.) was requiring that I purchase disabiltiy insurance in the amount of $982.10. She sent me the agreement regarding the insurance.
I sent a Money Gram to them for the amount requested on Tuesday and was told my loan funds would be directly deposited into my account no later than Friday. When I didn't get the funds on Friday, I called Sharon Dash.
She stated that she underestimated what level of insurance the underwriting insurance company was going to require and that I needed to send an additional $675 for the premium insurance. I did so because I thought it was safe since I had an executed loan contract.
I sent that money on Tuesday and was told my funds would be released the same day and that I would have the money Wednesday. I didn't so I called and she stated that the accountant had put it through after business hours so it should be there Thursday.
Thursday came and went and no money. I began to panic because I had taken cash advances to pay the $1657 for the disability insurance and they were due to be taken from my account Friday. I called Sharon Dash Thursday afternoon and probably a hundred times on Friday and she wouldn't answer her phone.
I have called and called and still haven't been able to contact her and she has still not returned the numerous voicemail messages I have left.
Because I didn't receive the loan funds as provided by my contract, I am now being forced to file bankruptcy. My checking account was overdrafted by the money I borrowed and I am losing my apartment and my car.
I reported the company to the BBB who stated that my problem was outside the scope of their purview and they would not investigate. I reported the company to the FTC, Minnesota Department of Commerce, and Minnesota's Attorney General.
Since I work in the legal field and will be attending law school in the fall, I drafted a lawsuit to file against them in court. I faxed them a copy of the lawsuit demanding I be send my loan money or I would file the lawsuit. They have not responded.
I want others to know that they should not feel a false sense of security just because they've signed a legally binding agreement. To some people a contract doesn't mean anything. Being young and nieve, I thought it did.
I am now desperate to find a solution to my financial difficulties and this company has made it a hundred times worse.
Jennifer
Willoughby, Ohio
U.S.A.
STOP! ..before you think about using the Better Business Bureau (BBB)... CLICK HERE to see how other consumers were victimized by the BBB's false or misleading information. Don't be fooled! It has been reported, when there are thousands of complaints and other investigations underway by authorities, the BBB has no choice but to finally give an UNsatisfactory rating to a BBB member business that is paying the BBB big membership fees every year. When a business is reported that is NOT a BBB member, BBB files WILL more likely show an UNsatisfactory rating, then reportedly shake down that company to become a member of the BBB. One positive thing about the BBB is, either way, if a business has an unsatisfactory rating with the BBB, you can be sure, the business is bad. But what about all those BBB member businesses that had complaints filed against them? Consumers never get to hear about them. What about the BBB advertising to the public? Is this a false and misleading perception they are giving about consumer confidence when dealing with a business? Click here to understand more of what consumers and business alike are saying about the BBB. You decide. ..Remember. The BBB membership is not earned, it's paid for!
I was called by Sharon Dash, a loan officer from Westgate who told me that I had been approved for the loan I requested. She emailed me the master loan agreement which I signed and sent back to her.
She advised me that because of my credit, the underwriter of the loan (Brokers Trust Ins. Co.) was requiring that I purchase disabiltiy insurance in the amount of $982.10. She sent me the agreement regarding the insurance.
I sent a Money Gram to them for the amount requested on Tuesday and was told my loan funds would be directly deposited into my account no later than Friday. When I didn't get the funds on Friday, I called Sharon Dash.
She stated that she underestimated what level of insurance the underwriting insurance company was going to require and that I needed to send an additional $675 for the premium insurance. I did so because I thought it was safe since I had an executed loan contract.
I sent that money on Tuesday and was told my funds would be released the same day and that I would have the money Wednesday. I didn't so I called and she stated that the accountant had put it through after business hours so it should be there Thursday.
Thursday came and went and no money. I began to panic because I had taken cash advances to pay the $1657 for the disability insurance and they were due to be taken from my account Friday. I called Sharon Dash Thursday afternoon and probably a hundred times on Friday and she wouldn't answer her phone.
I have called and called and still haven't been able to contact her and she has still not returned the numerous voicemail messages I have left.
Because I didn't receive the loan funds as provided by my contract, I am now being forced to file bankruptcy. My checking account was overdrafted by the money I borrowed and I am losing my apartment and my car.
I reported the company to the BBB who stated that my problem was outside the scope of their purview and they would not investigate. I reported the company to the FTC, Minnesota Department of Commerce, and Minnesota's Attorney General.
Since I work in the legal field and will be attending law school in the fall, I drafted a lawsuit to file against them in court. I faxed them a copy of the lawsuit demanding I be send my loan money or I would file the lawsuit. They have not responded.
I want others to know that they should not feel a false sense of security just because they've signed a legally binding agreement. To some people a contract doesn't mean anything. Being young and nieve, I thought it did.
I am now desperate to find a solution to my financial difficulties and this company has made it a hundred times worse.
Jennifer
Willoughby, Ohio
U.S.A.
STOP! ..before you think about using the Better Business Bureau (BBB)... CLICK HERE to see how other consumers were victimized by the BBB's false or misleading information. Don't be fooled! It has been reported, when there are thousands of complaints and other investigations underway by authorities, the BBB has no choice but to finally give an UNsatisfactory rating to a BBB member business that is paying the BBB big membership fees every year. When a business is reported that is NOT a BBB member, BBB files WILL more likely show an UNsatisfactory rating, then reportedly shake down that company to become a member of the BBB. One positive thing about the BBB is, either way, if a business has an unsatisfactory rating with the BBB, you can be sure, the business is bad. But what about all those BBB member businesses that had complaints filed against them? Consumers never get to hear about them. What about the BBB advertising to the public? Is this a false and misleading perception they are giving about consumer confidence when dealing with a business? Click here to understand more of what consumers and business alike are saying about the BBB. You decide. ..Remember. The BBB membership is not earned, it's paid for!
