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Strategic Capital Resources Inc

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PostPosted: Mon May 05, 2008 12:14 pm Subject: Strategic Capital Resources Inc

Has anyone heard of them before? I was approved for a loan but they are asking for collateral of seven months up front. They are sending a contract today which I can look over... I want to make sure this is legit. Is this something that sometimes lenders ask for? Any information would be very useful for me to make my decision.
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PostPosted: Mon May 05, 2008 1:10 pm Subject:

I've not heard of them, are they an installment loan company, did you apply off the Internet? Look them up at you BBB site, that might be a start.
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PostPosted: Mon May 05, 2008 1:27 pm Subject:

I took a look at their website and what they have posted on their sounds waaaay too good to be true!

What interest rate are they offering?
What kind of collateral? cash, property?

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PostPosted: Thu May 08, 2008 3:30 am Subject: Strategic Capital Resources

Offering 7,000.oo @ 12% interest for 4 years with 734.00 down per money gram. What do you think?
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PostPosted: Thu May 08, 2008 3:59 am Subject:

Any company that wants money up front to do a loan is a big red flag screaming fraud to me.
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PostPosted: Mon May 12, 2008 1:46 pm Subject: Strategic Capital Resources Inc

Please DO NOT send them any money. I was just defrauded by them. There is no loan. I have contacted the Better Business Bureau and the Michigan Attorney General. My money is long gone, but if I can save people from making the same mistake I did, I want to do that. They have also been reported at ripoff.com
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