is sherbourne financial lending gruop

hi farello_1 - welcome to the site!

What are you looking to find out about this company? If they are legitimate in the terms that they are a licensed lender?

If you can provide us a bit more info about the company you're dealing with, we can help you out! :-)

hi i am wondering if this is a scam or not my husband applied for a loan and was aproved but never received the laon

Did he have to send them any money prior to geting the loan? If he sent them any money, yes it is a scam and you will never see the money from them.

Yes he had to send them money and he sent it, then the guy called back asking for some more money, we told him that we didn't have it and that we would like a refund back, he told us that we would not get a refund back.
When i called the companie to ask for their license # they said that i had to come down to the office to get it and they can not give if out on fax nor email, I called the licenseing board and they have no record of then having a license and that they have to give me that informatin due to it being a public record, i have tryed calling them and all they do is hang up. We have called the police the news and the bbb since they are advertising on the internet,the DA ect. I now know that we will never see that money but people like this needs to be but in jail. I even looked on the contract that thy send and no license number and they have to but it on the contract....I also called to see if i could talk to the CEO they said that he does not talk to clients.

If i would of did the looking around before he sent the money then we would of not been out and we would be okay....but the public needs to know stuff about these companies so they don't become victums also.

This is direct from the FTC website...hope it helps!

[quote]Advance-Fee Loan Scams: ???????Easy???????? Cash Offers Teach Hard Lessons
Looking for a loan or credit card but don????????t think you????????ll qualify? Turned down by a bank because of your poor credit history?

You may be tempted by ads and websites that guarantee loans or credit cards, regardless of your credit history. The catch comes when you apply for the loan or credit card and find out you have to pay a fee in advance. According to the Federal Trade Commission (FTC), the nation????????s consumer protection agency, that could be a tip-off to a rip-off. If you????????re asked to pay a fee for the promise of a loan or credit card, you can count on the fact that you????????re dealing with a scam artist. More than likely, you????????ll get an application, or a stored value or debit card, instead of the loan or credit card.

The Signs of an Advance-Fee Loan Scam
The FTC says some red flags can tip you off to scam artists???????? tricks. For example:

A lender who isn????????t interested in your credit history.

A lender may offer loans or credit cards for many purposes ???????? for example, so a borrower can start a business or consolidate bill payments. But one who doesn????????t care about your credit record should give you cause for concern.

Ads that say ???????Bad credit? No problem??????? or ???????We don????????t care about your past. You deserve a loan??????? or ???????Get money fast??????? or even ???????No hassle ???????? guaranteed??????? often indicate a scam.

Banks and other legitimate lenders generally evaluate creditworthiness and confirm the information in an application before they guarantee firm offers of credit ???????? even to creditworthy consumers.

Fees that are not disclosed clearly or prominently. Scam lenders may say you????????ve been approved for a loan, then call or email demanding a fee before you can get the money. Any up-front fee that the lender wants to collect before granting the loan is a cue to walk away, especially if you????????re told it????????s for ???????insurance,??????? ???????processing,??????? or just ???????paperwork.???????

Legitimate lenders often charge application, appraisal, or credit report fees. The differences? They disclose their fees clearly and prominently; they take their fees from the amount you borrow; and the fees usually are paid to the lender or broker after the loan is approved.

It????????s also a warning sign if a lender says they won????????t check your credit history, yet asks for your personal information, such as your Social Security number or bank account number. They may use your information to debit your bank account to pay a fee they????????re hiding.

A loan that is offered by phone. It is illegal for companies doing business in the U.S. by phone to promise you a loan and ask you to pay for it before they deliver.

A lender who uses a copy-cat or wanna-be name. Crooks give their companies names that sound like well-known or respected organizations and create websites that look slick. Some scam artists have pretended to be the Better Business Bureau or another reputable organization, and some even produce forged paperwork or pay people to pretend to be references. Always get a company????????s phone number from the phone book or directory assistance, and call to check they are who they say they are. Get a physical address, too: a company that advertises a PO Box as its address is one to check out with the appropriate authorities.

A lender who is not registered in your state. Lenders and loan brokers are required to register in the states where they do business. To check registration, call your state Attorney General????????s office or your state????????s Department of Banking or Financial Regulation. Checking registration does not guarantee that you will be happy with a lender, but it helps weed out the crooks.

A lender who asks you to wire money or pay an individual. Don????????t make a payment for a loan or credit card directly to an individual; legitimate lenders don????????t ask anyone to do that. In addition, don????????t use a wire transfer service or send money orders for a loan. You have little recourse if there????????s a problem with a wire transaction, and legitimate lenders don????????t pressure their customers to wire funds.

Finally, just because you????????ve received a slick promotion, seen an ad for a loan in a prominent place in your neighborhood or in your newspaper, on television or on the Internet, or heard one on the radio, don????????t assume it????????s a good deal ???????? or even legitimate. Scam artists like to operate on the premise of legitimacy by association, so it????????s really important to do your homework.

Finding Low-Cost Help for Credit Problems
If you have debt problems, try to solve them with your creditors as soon as you realize you won????????t be able to make your payments. If you can????????t resolve the problems yourself or need help to do it, you may want to contact a credit counseling service. Nonprofit organizations in every state counsel and educate people and families on debt problems, budgeting, and using credit wisely. Often, these services are low- or no-cost. Universities, military bases, credit unions, and housing authorities also may offer low- or no-cost credit counseling programs. To learn more about dealing with debt, including how to select a credit counseling service, visit ftc.gov/credit.


Where to Complain
If you think you????????ve had an experience with an advance-fee loan scam, report it to the FTC.

The FTC works for the consumer to prevent fraudulent, deceptive, and unfair business practices in the marketplace and to provide information to help consumers spot, stop, and avoid them. To file a complaint or to get free information on consumer issues, visit ftc.gov or call toll-free, 1-877-FTC-HELP (1-877-382-4357); TTY: 1-866-653-4261. The FTC enters Internet, telemarketing, identity theft, and other fraud-related complaints into Consumer Sentinel, a secure online database available to hundreds of civil and criminal law enforcement agencies in the U.S. and abroad.
[/quote]

If you have any complaints about this company that scams people call the FTC at 1-877-382-4357. So that way they can get rid of these people

Sonia,
Did you recently deal with this company? I am dealing with them now and they told me that I needed to wire them money via Money Gram. They said that the amount that I send will come go directly to the principal of the loan. I am to wire the money on Monday, May 5, so if someone can please reply, I would appreciate it. I am concerned that I may never see the loan. I talked with a guy named Brian Baldwin. He said since I am concerned about this, that when I wire the money, I can give a fictitios name to whom I am sending the wire transfer to and then they will check and make sure it was sent but not collect it since they don't know the name I am using and then when I have the money in my bank account for the loan, I can call Money Gram and tell them that I need to change the name to whom I sent it to. Sherbourne Lending will then give the correct name of the broker so they can get the money. Any help is appreciated.

No legit loan company will require money upfront.

They would take any fees out of the amount they give you for the loan.

Please, do not send this company any money. You will not see any loan, and you will be out the money you sent them.

I don't know. I sent money to them yesterday expecting a loan & today I got called by someone else explaining there was a mistake and I needed to send more in order for the funds to be released. They would increase the loan amount to make up for the inconvienience & misunderstanding. Even went thru the trouble of sending me a guarantee the loan would be sent to me in 3 hours. I could not come up with the extra money and asked for the loan to be decreased. They said they could not do that as the funds have been secured already for the original amount. I then called back to cancel. They said I would get it back in the mail in 7-10 business days. I honestly doubt I'll ever see the money. They had me send it to the "private lender" as they put it in Canada. I honestly think it's a scam & am reporting them to FTC. Don't trust them.

you are right,it is a scam.if they have the nerve to try to contact again.tell them to soak there heads.whatever money you sent them is gone.

Please what ever you do DO NOT send the money we are out 2000 because of this, you will now need to call the credit companys and but a flag on your credit and crime busters you never send any one money to get a loan. please call then call the DA. Do you have a contract from them. you will also need to call that states DA. Next tiem you talk to them ask them for there license # and see what they say they have to give it too you this is a public record. Check out questionable ads by calling Project Phonebusters in Canada toll-free at 1-888-495-8501. If you live in the U.S. and think you????????ve been a victim of an advance-fee loan scam, by phone, toll-free, at 1-877-FTC-HELP (1-877-382-4357).

***PLEASE CALL THE FTC AT 1-877-382-4357*** I almost sent these people money today! I also spoke with Brian Baldwin. He told me that I would have to pay 4 months of payments up front - $1200.00 and then they would direct deposit the loan amount into my bank acct. I thought this was great because he told me that I would not have to make my first payment until September! After receiving the loan paperwork via fax, something just did not seem right. I looked it up on the bbb and nothing, I tried looking up by address (801-6701 Democracy blvd in Maryland) and nothing with this name! I then found all of these complants. I did speak with the FTC (1-877-FTC-Help or 1-877-382-4357) a few minutes ago. She said that it is a scam and she will report it to the attorney's. But the only way that an investigation will be done is if the attorney's see repetitive complaints. PLEASE, PLEASE - everyone who has had any type of contact with these people call the FTC. By everyone calling that is the only way that anything will be done about them. Please take the 10 minutes so that they can get these people. I almost did not call because I did not send the money, but I am glad I did. The woman that I spoke with was very nice and encourages everyone to call. She said that the only way that anything can be done is if people speak up!

Please also call this lady Janet Erickson she works withthe DA and they are looking into this her number is 1410-230-6078. If i did not think about checking on an license i would of not gotten her number, the mor complaints the better, make sure that you have documented everything down.

Thank you to all for the numbers to call to report Brian Baldwin and Sherbourne Financial. I did not send them any money and am thankful I found information on the internet about the scam. I am going to report them tomorrow to the FTC and the other numbers listed. I did call Brian back on Friday and left a message telling him that I am not going to go through with the loan and he left a message for me yesterday asking me to call him as he has more information for me to help make me feel more 'comfortable' to wire the money. Fat chance on that. Again, thanks to all of the good people on the site that took the time to put their information in here. Hopefully we can all save others from this so called financial company.

:twisted:

They did the exact same thing to me and i sent message to the attorney General. Just waiting to hear back from them. i Sent the three payments upfront via money gram, they then called and said there was problems and i needed to send another three months so i did. Then they sent me a letter of guarantee that the money would be in my account within three hours. Well guess wht it was not and know I am out 2800 dollars. Brian bladwin told me I needed to send in another 1000 dollars for broker insurance then i was furiated. I told him i wanted to back out. He said that was ok but i would only get 36% of the money i sent. Probably will not even see that. Please don't send any money to these punks. They are a RIPPPPP OFFFF. STOP NOW. It really is too good too be true.

so i wired the money that sherbourne financial lending group said was needed which was 500.00. i had been speaking with alicia bellard and even went as far as telling her that this better not be a scam because if it was i was going to contact an attorney, the local police, the fbi and the ftc about them and hunt them down... she assured me that this was completely legit. the money was supposed to be in my account last wednesday but it wasn't. on thursday of last week i talked to brian baldwin and he said that the lender was not able to do direct deposit and that the certified check was sent out in the mail that morning and i should have it by this coming wednesday which is tomorrow... the sad thing is i started getting a really bad feeling about them after last thursday so i got online yesterday and started researching them.... i had surgery last wednesday so i was completely out of it.... i borrowed the 500.00 from a friend and now i've got to repay him, along with a payment on a title loan that if its not paid today by 6p.m. they are going to pick up my car, and several other past due bills that i have to take care of... my checking account is in the negative and i've got literally 6 bucks until i get paid again next week... i've got a 4 year old and i'm a single parent... this just makes me beyond furious that people would prey on people who are in a financial bind and can't get approved through the banks.... i filed a report today with the ftc on this company but when i called my attorney general's office they said unfortuantely there is nothing they can do to help me and i'm pretty much out of luck with all of this and will probably never see any of the money.... i guess it is really too good to be true... what can we do as consumers who got ripped off by this company??? any suggestions/ideas would be greatly appreciated... :evil: :evil:

Yup--they got me for 1200

I have invested with Sherbourne Financial and they are a legitimate company. Just make sure that you visit the true company at Sherbournefinancial.com. Any other website is not the real company.

the above post couldn't be more untrue.the posters nose was growing at a foot per word typing this.

Has anybody heard of this place? I've read over the above and it all sounds very familiar from a conversation I had with the guy from there today.