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Kingston Financial - What are the common complaints against them?

Submitted by srowan on Wed, 02/25/2009 - 20:51
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I just received an e-mail from kingston financial payday loans company[FONT="][/FONT][FONT="][/FONT] saying they would renew my loan and withdraw only the finance fee on Friday, 2/27. I had received an email last night from them saying to disregard that email if they had already processed my application.

The problem is: I have never received a loan from them! I am terrified that they are going to draw money out of my account on Friday and every payday after. I sent them 2 threatening emails, and called but they were closed. I will call again in the morning. What can I do to make them prove they did not deposit money in my account?


Hi Srowan
Kingston Financial Service is a life insurance agency and so what I think is that, they have send you the email to inform you that they are going to collect the premium by debiting your bank account. You can call them up at any of the following numbers: (313) 873-3401, (313) 873-3423, (313) 873-3429.


Submitted by jstn.credit on Wed, 02/25/2009 - 23:03

jstn.credit

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There are many companies called Kingston Financial. I found one in Australia, one in Kingston, NY and there are others on Google I didn't check out so closely. But I called RCM and they told me that are also Kingston Financial and since it's a debt forum and srowan is describing a payday loan. ("I just received an e-mail from them saying they would renew my loan and withdraw only the finance fee on Friday, 2/27.") they seem the most likely fit.


Submitted by FreakyFriday on Thu, 02/26/2009 - 16:57

FreakyFriday

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hello there. i got the same message and i called them and the man i spoke with told me it was an emailing error and they will not take the money out of my account. and sure enough they didnt take the money out of my account. so maybe yours was the same thing. i freaked out when i got that email also. becuase i too thought they never deposited the loan into my account.


Submitted by on Fri, 02/27/2009 - 11:52

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So did you ever get your money, are you happy with them?


Submitted by on Sun, 03/15/2009 - 17:40

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Kingston Financial Payday Loans is a loan company. The number I have for them is 8006208790


Submitted by on Wed, 06/10/2009 - 11:16

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kingston financial is located in the UK and not licensed or legal in the US.BEWARE!!!!!!!!!this company will take you to the cleaners,and hound you if you close your account.they will debit forever if allowed.DO NOT DO BUSINESS WITH THEM!!!!!


Submitted by paulmergel on Wed, 06/10/2009 - 14:13

paulmergel

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I had gotten kingston financial online payday loans through this company, paid them off and they are still drafting my account, now my account is negative and they are NOT willing to work with me--DO NOT USE THEM


Submitted by on Mon, 06/15/2009 - 07:01

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I got a call from them saying I'm approved for a loan but I have to give them $1,475.00 up front because of my credit history. They are located at 303 West Capital Avenue, Little Rock, AR 72201 tel 18006246189 fax 1501588-964. The contract looks like it's real but has anyone gotten ripped off by them


Submitted by on Tue, 06/16/2009 - 15:18

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Is this company (Adress_235 Wilmonth Avenue 23ecbn FCT Abuja ,Nigeria)
a secure loan firm or scam? What is their website? Is it kingston financial.com?


Submitted by on Wed, 06/17/2009 - 00:06

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anyplace that asks for money upfront is a scam.do not give places like that anything.


Submitted by paulmergel on Wed, 06/17/2009 - 05:32

paulmergel

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I did a search on Kingston Financial but the one that I am talking about does not come up?? Does that mean they are ok to deal with. They use your money for insurance on the loan and then they said my next payment would be on Dec 1st?


Submitted by on Mon, 06/22/2009 - 12:57

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NO!! Any honest company would NOT ask for money up front...they would take it from the proceeds!!

OMG!! Don't do it...they'll take your $, then say they need more in order to secure your loan, and they'll drain you dry...if you don't believe me, check the BBB...they have a whole section warning of scams.


Submitted by desperatelyseekingsanity on Mon, 06/22/2009 - 13:10

desperatelyseekingsanity

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Money gram


Submitted by on Mon, 06/22/2009 - 13:16

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Same difference...they want u to wire the $...once you wire it, there is no way for you to get it back...

I'm telling you...it is a scam...check the BBB and you will see...they have a section about how it is a fraud...also, call money gram and/or western union...they will tell you the same. I believe the FTC also has a warning about these scams...

Google "Loan Scams wiring money" or something to that effect, and you will see all the horror stories.

Heed my warning! It would be a shame to have you lose what money you have.


Submitted by desperatelyseekingsanity on Mon, 06/22/2009 - 13:37

desperatelyseekingsanity

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i applyed for a loan over the phone with kingston and they sd they only give 200 dollars are they any good or should i close my acc


Submitted by on Tue, 06/23/2009 - 19:03

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i was told i was approved for 10,000.00 from kingston financial group located at 303 west capitol avenue littlerockAr.they said i have to pay 1200.00 up front as an collateral.that will be put right to my first 5 months of payments. is this for real or is it a scam


Submitted by on Sat, 06/27/2009 - 00:33

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My lawyer said it was good I had them look everything over I called the BBB for AK and they said they had nothing bad on them.


Submitted by on Fri, 07/03/2009 - 11:43

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HE contacted me and offered me aloan for 5000 and said all I had to do was deposit 775 and to do it through walmart western union..he instrusted me to send the money to a person name lamara in canada..hfe then called and said that the loan people pulled out and that he can get them to give me the loan by putting another 775.. and send it to the same lamamra person...he then said that the loan was ot going to happen .... and theat he found another loan comapany willing to give me a loan for 8000 and all i had toput was 554...I requested a refund which he said i can get in amatter of 3 wks...bs...refunds never take that long...and I have not received my money as yet..This company is a scam....the contract appears real...but I will find a way to get my money back!!!!!This place is a scam 18006246189 ext 152...His name s Peter Stokes!!!


Submitted by on Sat, 07/04/2009 - 06:13

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Janelle, I'm so sorry you got taken...what happened to you is EXACTLY how the scam works...they keep asking for money until they suck you dry!! Think about it: $775 times 2 times = $1,550...almost a 1/3 of the amount of money you need...then add that $554 they wanted to find you another loan...and you're halfway to the original loan amount of $5,000. WHY would anyone pay half the amount of a loan that they're requesting? Once in the trap, you don't question it b/c they make it sound real...then b4 you know it, you're in too deep!!

They get you, b/c they have you wire it out of the country, and then there is no way to retrieve it.

BTW, Walmart doesn't use Western Union, they use Money Gram. File a report with Money Gram, the police, the AG, the FTC and the OCC. Please let us know if you do get your money back. I haven't heard of anyone being successful in getting their $ back. Good Luck.


Submitted by desperatelyseekingsanity on Sat, 07/04/2009 - 08:49

desperatelyseekingsanity

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I sent them $4,200 like an idiot, without considering how stupid that was, as a collateral payment for an $8,000 personal loan. The process dragged out for an entire month, and now the phone numbers I have for my account rep no longer work, and I still have no loan, and have incurred about $1,000 in fees. Do not use them. If someone named Patrick Stokes contacts you, trust me.... hang up. I was a victim of this companies little scam, and now I'm in a terrible position. Do not send them anything!


Submitted by on Tue, 07/07/2009 - 10:39

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I sent them $4,200 like an idiot, without considering how stupid that was, as a collateral payment for an $8,000 personal loan. The process dragged out for an entire month, and now the phone numbers I have for my account rep no longer work, and I still have no loan, and have incurred about $1,000 in fees. Do not use them. If someone named Patrick Stokes contacts you, trust me.... hang up. I was a victim of this companies little scam, and now I'm in a terrible position. Do not send them anything!


Submitted by on Tue, 07/07/2009 - 10:39

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They are a huge fraud what they did to me is called me and told me that I qualified for a 10,000 loan but had to pay a collateral security payment of 1,525 and the money will be in the account the following buisiness day. The next day they called and said that my debt to income ratio was an issue so the lender required an addition 1525 and it would be deposited that day. I deposited money in which they turned around the following day called me and stated that the lender dropped off but they found another lender who agreed to my terms for 15,000 but they needed an additional 750 in which I had no where else to go because I needed the money. They said well if you cant you have to wait 3 weeks for the refund in which I couldnt so I borrowed the 750 and called them back and gave confimation in which they said the money will be in the account that day. Never happened I called the next day and they stated that I was suppose to pay a import tax of 900 but since they didnt tell me the money will be deposited on July 3. Well that was a lie. I tried calling back and they screen the calls. The extension was disconected. My father works for the FBI and I reported this company and all the people I worked with to the Attorney Generals office for internet fraud as well. You would think there would be a way to connect the person collecting the money gram to the company. I will find these people and they will pay. If you know anymore about this company please call me at 715-965-2083.


Submitted by on Tue, 07/07/2009 - 15:45

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Two weeks ago, I applied for a loan on line from "Kingston Financial Group and spoke a representative about obtaining a loan. He indicated that he would need $950.00 because of my credit and this would be 6 payments in advance. I went to Walmart and got the money gram (which I have documentations of and documentations of the person I talked to and the person receiving the money). I was called the next day by Patrick Stokes, extension 152, and was advised that the loan was denied, they needed another $950.00. I asked for my refund. He assured me the refund would be electronically deposited into my account on 07-03-09. It is 07-08-09 and they are not answering the phones and I need my money back. Please help! For the record, when all of this began, I asked the representative if this was a scam and of course, he indicated no. That is a lie!


Submitted by on Wed, 07/08/2009 - 08:00

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Two weeks ago, I applied for a loan on line from "Kingston Financial Group and spoke a representative about obtaining a loan. He indicated that he would need $950.00 because of my credit and this would be 6 payments in advance. I went to Walmart and got the money gram (which I have documentations of and documentations of the person I talked to and the person receiving the money). I was called the next day by Patrick Stokes, extension 152, and was advised that the loan was denied, they needed another $950.00. I asked for my refund. He assured me the refund would be electronically deposited into my account on 07-03-09. It is 07-08-09 and they are not answering the phones and I need my money back. Please help! For the record, when all of this began, I asked the representative if this was a scam and of course, he indicated no. That is a lie!


Submitted by on Wed, 07/08/2009 - 08:00

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I just applied for a loan and my bank is saying the money is there and will be posted but there very rude and since it was taken so long, I asked them to close my application out..they brushed me off stating the money was sent.. I have a gut feeling thier not for real and now I;m worried about my account.. the number is 1/800-620-8790.. has anyone had a valid loan processed and just what is due taken out?


Submitted by on Wed, 07/22/2009 - 13:29

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Well I called 800-620-8790. These guys are slick. They tell you that the sales people what the sales people tell you does not matter as they don not make the loans. Mind they are the ones that return your calls. I've spoken to my bank (Bank of America) as well as to my state's banking office. Good luck.


Submitted by on Fri, 07/31/2009 - 12:10

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Thamk you


Submitted by on Mon, 08/03/2009 - 16:12

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I got a $200 payday loan from this agency and did not read the fine print. It read that you cannot pay off the premium unless you pay in full. Otherwise, each payday they deduct 89.00. as a loan fee. The only way to stop the electronic deduction is to pay the full amount of 289.00 (in this instance). If you do not...until the loan is paid in full, each payday 89.00 will be deducted. Therefore, I suggest that you do not use this payday loan agency..I have paid over 1000.00 to date for a 200.00 loan.

Yes, I have been a fool. I plan to pay off my load this week. I will let you know if it does work.


Submitted by on Thu, 08/06/2009 - 22:59

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to whom it may concern, application#5986987 i need another form sent to my email info deleted PM.. thank you helen

[samebox:7d337d43e9="paulmergel"]we are not knigston financial.you will have to contact them yourself in another way.btw please do not post personal info like that on a public forum.thank you.[/samebox:7d337d43e9]


Submitted by on Fri, 08/21/2009 - 10:18

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I did not recieve a loan from you'al but was told that i was approved for one


Submitted by on Mon, 08/24/2009 - 07:25

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I just recently took a loan out with kingston financial for $200.00 and it was an $89.00 fee. After I took the loan out I decided to research the company and came across alot of people that say that kingston financial is a scam and a ripe off . I took the loan out and it was deposited the next business day as promised. kingston financial took $289.00 out of my savings account on time as I requested. I called them to advise to take the full amount out on my next payperiod and as they specified in their email, I sent them an email requesting the funds taken out on my next payperiod. Thus far I have not had a problem with kingston financial. I see people say that they call the number for kingston financial and the line is busy. I did come across that problem but that was because I called too early. I called when they opened at 8am central time and someone did answer my call.


Submitted by on Tue, 09/08/2009 - 16:08

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My husband tried to get a loan with them(Kingston financial) and conveniently after he e-signed it there was an error. Tried to get back on the site and am getting a message saying they do not have on-line lending for customers. My husband has tried several times to contact them by phone(800) 620-8790 and (800)624-6189 no success. An automated voice picks up says thank you and good bye. Any advice?


Submitted by on Tue, 09/29/2009 - 09:18

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