Internet's first get-out-of-debt community - 134,000 members

ron

Has anyone heard of these companies???? J P Patterson and World Financial Solutions.....They seem to be a bit shady......Sounds a bit like Freedom Trust.. Sent a large sum of money and they said they lost it and won't fund the loan until they find it????hmmmm?

Posted: Thu Sep 29, 2005 12:37 pm Subject:

ron,

The scammers usually change their business name and location frequently. It's nothing but eyewash.

The incident you stated here seems to be a scam. How did you make the payment? Did you request for a return receipt? Try to confirm whether they have received the money or not. If they deny after receiving the money, report a complaint against them with local police, FTC or BBB.

Guest · Posted: Wed Oct 12, 2005 10:09 pm Subject: JP Patterson

Ron, did you ever get your loan from JP Patterson? I was approved for a loan today from Medallion Financial Services in conjunction with JP Patterson and they want me to send a $650 to get my $5000 loan.

Posted: Wed Oct 12, 2005 10:27 pm Subject:

Ron and Guest

Welcome the forums. First, anytime you're asked to send in money for a loan--chances are it'll be a scam. No reputable loan company will ask for money as collateral. Local places use your home, or a car as colletaral...but online internet loan companies either approve you, or they don't.

And to Ron, chances are you may have lost the loan. But the quicker you act on this, the better chance of something being done about it. You will need to file a police report. With that the police can start conducting thier own investigation. If the police refuse to get a police report (chances are they won't, but just incase) get the business card of the officer and make sure it has thier badge number on it. Also file a report with FTC and BBB. Check in with the police every other day as well with the FTC.

There are a number of companies out there that will ask for money up front for a high dollar loan. It'll most likely be sent via western union. If any money should ever be sent, ask for it to b sent with a cashiers check via certified first class mail. That way you can have proof of delivery and have the location of the company/person.

Hope this information helps-

Mike

Guest 2 · Posted: Thu Oct 13, 2005 5:20 pm Subject: any legit companies

Yeah, Medallion Financial Services just said I was approved also, just like Great Liberty Capital (check out the Boston BBB) and Senteric Mutual Services (local BBB has a complaint against them). All of them want some money up front: Medallion: $650; Great Liberty: $800 and Senteric: $1000!!!
Are there any legit online loan companies, I'm not talking about HFC, AGFS, or Beneficial either>

Posted: Thu Oct 13, 2005 5:39 pm Subject:

I guess you will have to shop around for a legitimate company. Proper research should be done before finally choosing the company.

Mike & Sherri · Posted: Wed Oct 19, 2005 1:43 pm Subject: Medallion

I have been asked to send a 1500.00 security to Medallion. I can't seem to find any info on this company anywhere! The name on the fax I received from them says "from real". They aren't listed with the BBB and not listed in any of the yellow pages directories. Pretty sad when people have nothing better to do with their time then to get people's hopes up and drop them on their faces!!!

Posted: Wed Oct 19, 2005 2:00 pm Subject:

Mike & Sherri,

Please go through the link below, it might help you to make a decision-
http://www.debtconsolidationcare.com/forums/medallion-financial.html

Posted: Sun Oct 23, 2005 7:33 am Subject: World Financial Solutions

I've also been scammed by World Financial Solutions. Something in my gut told me that they weren't real but I was desperate and thinking that my finanical problems were over I went and sent them the money. Now I feel really stupid and my financial problems are worse! I don't know what I'm going to do..

Posted: Sun Oct 23, 2005 9:46 am Subject:

mobri7

Welcome to the forums. Sorry to hear that you have been scammed. You are not alone on this, as many others have been scammed by this company.

The first step you'll need to do is file a police report. Although this may not be very much help, as to there isn't really much the police can do, this will protect yourself if it ever does end up in court. You should also file a complaint with the FTC and Better Business Bureau (bbb.org). Contacting an attorney for free legal advice might help. You could even contact a few to see if they'd be willing to take on your case.

The complaint process may seem to be long and enduring, but you need to be sure to get this done. For every person who doesn't make a complaint or doesn't stay on top of this, a company like that will get away.

No reputible loan company will ask for money up front to receive a loan. If you sent this money via Western Union or Money Gram, you might want to contact them as well to file a complaint. They could possible stop anymore money going to the company/person. Best of luck.

Regards,
Mike

kimberly · Posted: Mon Oct 24, 2005 10:51 am Subject: scammed

My husband and myself applied for a loan at Great Liberty Capital.We got approved for 17,000.00. We sent 847.75 and needless to say they scammed us. We lost it all. We were in desperate need of the money and we did not know that they were scamming us. We lost everything. That was all the money we had and we even lost our apartment and we are on the verge of having our car repossed.We did file a police report and contacted the BBB&FTC. We havent heard anything yet. We just want everyone out there to know our story and to please be carefull!!!

Posted: Mon Oct 24, 2005 3:54 pm Subject:

Kimberly

I am sorry that you came to this forum after losing your hard earned money. Thanks for spreading the word so that your mistake teaches many and keep them away from Great Liberty Capital.

I hope that you will always do some research before making any sort of financial decisions.

GUEST · Posted: Tue Oct 25, 2005 7:54 am Subject: SCAM

Has anyone heard of Senteric Mutual? I want to know if this is a scam.they talked to my husband and approved him for a loan and want him to send money. Please let us know before we get scammed.
Thank you

Posted: Tue Oct 25, 2005 11:04 am Subject:

Senteric Mutual is a loan company. They approve loans without any collateral or co-signer. They do not put much stress on your credit score also.

But generally they ask for some advance-fee. We in this forum usually speak against advance-fee loans, because they seem to be fishy most of the time.

Before you take any decision do a thorough research. Also do not forget to ask for some written documents from the lender. Never disclose your personal information like SS #, Bank Account # through unsecured medium and go through all the papers thoroughly before you sign the agreement.

FYI, there is one complaint reported against this company with BBB. You can check their profile with Better Business Bureau also.

kimberly · Posted: Tue Oct 25, 2005 11:51 am Subject:

Thanks Ben for the kind words. I want everyone to know that we checked Great Liberty Capital out before sending our money. We contacted the BBB in our hometown and the one in Boston where the company said they were from. We took the documents to a bank and the bank said that the paper work looked legit although they said they caould'nt offer any advise.So we did everything that we thought was the right thing to check the company out. We really want everytone to be carefull because these people are really good at what they do. Just remember that things aren't always as they seem and trust your gut feeling if you have to ask am I being scammed then something isnt right.

Posted: Tue Oct 25, 2005 1:29 pm Subject:

Kimberly

Here is an article published in the BBB website of Boston.

The BBB has issued warning to the public and keep away from this company as well as other advance fee loan offers. They are flooding the marketplace all over and thus it becomes very important to do a proper research before doing making any business deal.

*Name:
*Email:
*Phone:
*Zip:
*Debt

	* denotes required field

Internet's first get-out-of-debt community - 134,000 members

Has anyone heard of JP Patterson / World Financial Solutions

Members Area

Free Debt Counseling

Ask the community

Featured Discussions

Featured Articles

Question of the Month

Also See

Recent Forum Discussions

Recent Blog Post