Royal Oak Financial

Date: Sat, 05/20/2006 - 11:47

Submitted by anonymous
on Sat, 05/20/2006 - 11:47

Posts: 202330 Credits: [Donate]

Total Replies: 3

Has anyone ever dealt with this firm? I contacted them via an online loan application and got a positive response for a $30,000 loan. The lender is requiring a $2,200 payment for the purpose of securing a credit life ins policy to guarantee the loan. The whole thing makes me a bit nervous to send the funds for this policy. I'd hate to lose $2,200 to a scam when I'm trying to gain ground on a credit card debt.!
Any help would be appreciated

DON'T SEND THEM ANY MONEY!!:shock: SEE MY THREAD ON http://www.d

DON'T SEND THEM ANY MONEY!!:shock: SEE MY THREAD ON http://www.debtconsolidationcare.com/forums/p-roganassoc.html :evil:

lrhall41

Submitted by dcashwell3 on Sat, 05/20/2006 - 11:53

( Posts: 379 | Credits: )

Hi vetteman You are thinking the right way. Loan companies sh

Hi vetteman

You are thinking the right way. Loan companies should not ask for any upfront fees before sending the total amount. It should not be even in the form of any life insurance policy also. You have your options if you wish to do business with them further but it should not be at the risk of sending money from your side first.

Look at some of the threads in the Getting a loan section in this forum. There are companies who have scammed people on such note and never deposited the money.

lrhall41

Submitted by john on Sat, 05/20/2006 - 12:05

( Posts: 1231 | Credits: )

it a scam

plze don't send any money to royal oak finacial,they are scam,they take your money and run it happen to my sister.they told her to send $500,so she could get a credit for $3000.once they got the money they never respond back to her. when we call they don't answer their phone.plze don't let it happen to u.these people are con-artist. joey : :

lrhall41

Submitted by on Sun, 08/06/2006 - 06:51

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