Strategic Capital Resources Inc

Date: Mon, 05/05/2008 - 12:14

Submitted by minsmi on Mon, 05/05/2008 - 12:14

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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.

Total Replies: 5

I've not heard of them, are they an installment loan company, di

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.

Submitted by Shazzers on Mon, 05/05/2008 - 13:10

Shazzers

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I took a look at their website and what they have posted on thei

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?

Submitted by volleyballmom on Mon, 05/05/2008 - 13:27

volleyballmom

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Strategic Capital Resources

Offering 7,000.oo @ 12% interest for 4 years with 734.00 down per money gram. What do you think?

Submitted by on Thu, 05/08/2008 - 03:30

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Any company that wants money up front to do a loan is a big red

Any company that wants money up front to do a loan is a big red flag screaming fraud to me.

Submitted by cajunbulldog on Thu, 05/08/2008 - 03:59

cajunbulldog

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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

Submitted by on Mon, 05/12/2008 - 13:46

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