Trustees Group
Date: Wed, 12/06/2006 - 19:18
company. We have been approved for a $5000
loan but they are requiring us to send them
$905 for an insurance binder because it is
a high credit risk loan. I was just wondering
if anyone knows if this is legitimate.
I don't know about the legality part, but I was always taught th
I don't know about the legality part, but I was always taught that if YOU have to give someone money to give you a loan, something isn't right. I could be wrong and I am sure someone will clue me in if so. Was this through a legit company or your bank?
Cookiedoe--Don't do it...Any legit company wouldn't ask for mone
Cookiedoe--Don't do it...Any legit company wouldn't ask for money to get a loan...If you had the money, why would you need the loan? Most banks/reputable companies will add any fees to the cost of the loan.
loan
Cookiedough, Dont do it. There was an article in the Sunday paper here from the AG office talking about these scams. It has even been running on the local news. If it sounds to good to be true it is. KYSIDE38
I have no idea about "Trustees Group". A legitimate business wil
I have no idea about "Trustees Group". A legitimate business will always send papers with the terms and conditions. All charges must be mentioned in the contract before you are finalizing it.
Did this company send you papers mentioning the fees?
Call your instincts!
Don't do it... You should not have to give money to get a loan..
Don't do it... You should not have to give money to get a loan...