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09-11-2007, 06:53 AM

I applied for a personal loan with this group called dinary group and they called me today and told me i was approved for a 10000 personal loan with a 6.5 fixed interest rate but i would have to put down 1000.00 collateral. has anyone ever heard of this company and how can i find out if they are leggit.

goudah2424 · 09-11-2007, 07:33 AM

NO legit loan company will ask you to put money down first. Places like this are called advance fee loan scams. Please do a search for that term and you will find out a lot about these scams.

But under no circumstances give them any money! They are a scam!

DOLLARSandSINCE · 09-11-2007, 07:36 AM

I do not know the company but I would not give someone 1000 up front unless I knew where to find them. In other words if it is not a physical bank or mortgage company that you can walk in and talk to a loan officer I would be highly suspect. It is not uncommon for a bank to require an open account with a certain amount of money in it before they make a personal loan but if this is over the internet I would not trust them. I also find it highly suspicious that they are giving you a rate that is almost as good as the best home mortgage rates that you get with the house as collateral. I doubt any legitimate company would give you a rate of 6.5% on an unsecured loan. Also check to make sure the 1000 is not a fee.

ladybug · 09-11-2007, 08:11 AM

Follow Dollarsandsince & Goudah's advice and really check them out. I would be very suspicious if I were you. You know the saying "when things sound too good to be true they usually are".

ladybug

09-13-2007, 06:14 AM

I just got a phone call this week from a place called Dinary Group. They told me that I was approved for a loan of $10,000.00 and was required to pay a collateral fee of $1,000.00. This sounds like the scam of 2 other companies that tried getting me to pay the same type of "collateral" fee. The other companies are called GA Trust Financial and Windchester Financial Group. I DO NOT want to send this company any money but I don't want them to know that I am aware of the fact that they may be a scam. I want to file a formal complaint, I want to initiate legal action against them and I want to put a stop to these people and many more like them. Anyone game?

09-14-2007, 05:16 PM

I also applied for a loan and received a call from allen from the dinary group. I was trying to borrow the payment. Im glad that i did not do that. They wanted you to wire the money. I guess someone could call them to find out where to wire the money to catch them.

kashzan · 09-17-2007, 05:14 AM

I would certainly avoid these companies. Yes they are scams. Never send "up front" money to get a loan

eleroo · 09-17-2007, 05:22 AM

These sort of scams are popping up everywhere! I sure hope that before anyone accepts a loan from this type of place that they find this site. I know, a few months ago I would have fallen for it hook, line, and sinker!

09-18-2007, 10:36 AM

we applied for a loan against better judgement but in light of a desperate situation, in retrospect not a good move on our part however I have located a few links that could be helpful, also called Quebec and spoke to Ministry of Consumer aa Affairs to attempt to verify credentials (bogus BTW) 418-643-1484

http://www.michigan.gov/ag/0,1607,7-...7072--,00.html

recol.ca/

09-18-2007, 04:44 PM

i as well was contacted by the dinary group with a loan offer just like the ones above... 1,000.00 deposit up front for a 10,000.00 loan. i stubbled across this page in my search to find out if they are a scam or not. Has anyone researched this and been able to find any info???

09-19-2007, 11:17 AM

Call phone busters at 1-888-495-8501 they are a national anti-fraud center operated by the ontario provincial police and the royal canadian mounted police. Phone busters works with the canadian police in prosecuting people in ontario and toronto who involve themselves in telemarketing scams (i.e. loan scams) the dinary group claims to be in canada. File a complaint asap.

09-24-2007, 08:29 AM

Apparently they have a website:

and an e-mail address:

Email: contact(at)dinarygroup.com

eleroo · 09-24-2007, 08:33 AM

This makes them look so legitimate to someone in a desperate situation and who is not educated about these types of scams. Like I said, I would have fallen for it easily if I had not come here and learned about these types of companies.

09-24-2007, 09:05 AM

Okay...since we're going into this...I also applied to their company because they called me and said I was also approved for 10,000 load with a 1,000 payment with I desperately need...they sent me over a contract.

This is their address:

427 Victoria Avenue
Saint - Lambert, QC J4P2H9

Business License # 08-433-002-109

Federal ID # 65-430021-07

Copyright 2004.

Kenneth Kondly is the President.

The person I spoke with as a Diane Fowler.

Anyone who can verify this info let me know. Thanks.

09-24-2007, 06:28 PM

do not accept any loans from this company for it is a fraud they took me for 1500.00 dollars

09-27-2007, 04:16 AM

well im glad i decided to look this place up. I was contacted yesterday. and told the same thig i was approved and i sent them every thing they needed to aprove me. well i guess ill be changing my banck account and every thig now. im in desperate need of the money but if its a scam i cant afford to get traped.