some information about the company Allied Mutual

frogdlo2000 you will find a lot of posts on the forum about this company. The BBB is updating this company's information at the current time. From the sounds of everything, they do not seem to be a legit company. Keep in my mind that there is a lot of these loan scam going around out there. Read the posts on this forum very carefully. Also keep in mind that a legit company will not ask for money in advance before issuing a loan to you!!!

Frogdlo, I will like to alert you in advance if you are thinking of doing business with them. They are not having a good reputation in the market and have been often termed as "Scammers."

Make sure that you do a proper research before making any risky financial decision.

Ben

I applied for a secured loan with Allied Mutual was approved for $10.000 and they are asking for $980.00 to secure the loan According to them they will refund the first 50%of that security deposit after the first 6 months of being on time with payments. Is this not possible?

Martha,

I would definitely suggest reading through some of the threads on that topic. There have been quite a few people scammed by this company. You should never have to pay an advance fee for a loan. This scam as been going around for years and a lot of people have been deceived.

Companies like this take your money and run. In the end you left in a worse position than before. I hope this helps.

wanted to let you know that the same thing just happened to me today this allied mutual called, and said if I had a co-signer with a beacon score above 740, and or I get pay 956.31 to get the loan. I really don't understand it, and asked that they send me the paperwork by email, which I have not yet received. I don't understand how they can say your approved then want you to pay them just to get the loan. I tried to look them up with the BBB, but had no luck, what do you think.

Thanks

Hi kimjo

Many of the consumers are becoming easy prey of such companies with good lucrative loan offers. It's only when you have offered the money, you will realize that no such type of loan existed and there is no trace of the company too. Most of the times, you also will not be able to find the location address of the company as nothing of that type existed in the area mentioned.

So, I suggest you to read the various posts about such companies in this forum and get yourself updated with the latest happenings.

Regards
Roxette

please donot send them money. there phoney address in kansas is really the santa fe railroad. verifiedby local police. they use fake namesand disquise their voices.

I am sure many other community members will be commenting on these people. Allied Mutual offers good deals asking them to forward some money. Many innocent people are easy prey to such offers and hence lose their money.

Don't send them any money otherwise you will also feel the pain later.