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Lincoln Investment

Date: Fri, 08/18/2006 - 14:35

Submitted by anonymous
on Fri, 08/18/2006 - 14:35

Posts: 202330 Credits: [Donate]

Total Replies: 4


Has anyone heard of this company which is based in Roseville, California? I got a call from them offering me a $5000.00 loan at 8% interest to be repaid in two years. They want $900.00 collateral or $950.00 credit insurance, 50% of which is refundable. The collateral payment goes toward the principal they say. This sounds awfully like Alliance Funding Corporation, to which I fell victim. Any information about this organization?


Reject this offer. Legitimate loan companies don't ask for any collateral or upfront money before the amount is deposited in the account. There is no guarantee that the principal amount will be deposited in your account after you have paid them the upfront money. Scammers make such deals. I don't have any particular information about this company. It's my general opinion for such offers.


lrhall41

Submitted by Christina on Fri, 08/18/2006 - 15:12

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Hey, I recently was contacted about this same deal to get a business loan for about 6500 up front. Did you find out any other information about this company?


lrhall41

Submitted by on Tue, 08/29/2006 - 21:00

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I also was told I need to pay up front in order to get a loan throught them. I thought it was very strange to have to pay up front for a loan. I called and ask for their web site to check them out and it wasn't listed. The address given to me was bogus.


lrhall41

Submitted by on Tue, 09/05/2006 - 13:55

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