Complaint / Review
Malibu Trust Company
Ripoff Loan Insurance premium fee

I was contacted by Ms Kelly Harper Loan Officer for Malibu Trust company saying I had been approved for a $30,000.00 loan, but I had to take out Basic unemployment insurance premium of $1,521.50.

I was told that I could make the premiums in two payments which I did. One was for $695.75 $63.00 Money Gram fee, and a second pay of $823.75 16 Western Union fee sent by my bank SC Federal Credit Union. I was told the loan would be direct deposited into my bank account.

Needless to say I never received the loan, or heard from them since.

I have a contract with a Promissary note. I did every thing in the contract, and still no loan.