So I'm about to start my freshmen year of college. And sadly student loans require credit or cosigners. Ive been looking around for "no credit / bad credit loans" and I got a callback from this company called Outsource Credit Solutions.
They offered me 10k for a personal loan, which is their minimum, but said they had to go through a private lendor so they need five months down. Which is a little over a thousand dollars. And also every penny I have to my name.
I have faxed them my information, bank account number...transit number, bank phone and name, etc. Copy of last check and Drivers Liscense. They said it was for the deposit of the 10k which would happen within 6hrs of my giving them the five months down.
I'm getting wary so I called my bank and they said to check them out on the BBB. I found nothing under their name.
The information I have for them from their fax cover sheet is "82 W Bay St Suite 1100 Jacksonville, FL 32202. outsourcecreditsolutions . com Toll Free: 888-461-6604.
The origional fax number given to me buy the lady handling my account didn't work. So i called her and she gave me a differient one which I used. They E-mailed me more forms to sign and send. But the fax number on their cover page, 904-339-9082, didnt work. So I called again and she gave e 904-212-1521 to use. I'm getting really nervous here.
Has anyone heard of this company?
Should I stop using them? Not send the money?
Any help would be appreciated. Thanks.

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It is a scam....you never pay up front for loans!!!

Have you applied for federal aid?? Done a FAFSA application? Read the financial aid page of your schools website? It does not require a cosignor or credit check.

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ive done a fafsa, and have a grant to cover my credits.
but i scored high enough on my accuplacer to get into honors comp I, which requires me to have a laptop for class. thats why im looking for the loan.

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It's a scam!!! OMG! Now that they have your bank account info, I would be leary of them draining your account!! Protect your accounts.

NEVER pay upfront...any legitimate firm would take the money out of the proceeds.

Sounds fishy that their original phone #'s don't work...seems they have to keep changing them to avoid being caught.

Did you call the Florida DFI and check them out? I would also call the FLorida AG office...I'll bet they'll tell you that it's a scam!

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i will call, what do i ask for when i call 411 exactly to get in touch with those places?
i can always change my account information somehow, i will talk to my bank. they are the ones that told me to check with BBB ecause it sounded fishy.

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All students regardless of income qualify for unsub loans. Talk to your financial aid office.

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1. Ask if a company listing itself as a broker needs to be licensed.

2. Ask if they know of the company and if there are any complaints or info they can give you.

3. Ask your bank what you can do to prevent them from hitting your account...I think you'll have to close the account and open another...just my opinion.

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thank you everyone. for some reasonm this thing isnt letting me login. so i have to type my username in to respond.
i called my bank and they are havingfme meet someone as soon as i am off work to close and reopen my account under a differient number.
and i will ask financial aid about unsub loans to see if that can get me away from places like this.
again, thank you all very much.

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Good Luck! I hope it all works out for you!

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