This company post a web site that guarantees a Loan without regards to credit rating. After filling out online application the company will contact you with a loan approval from a Private Lender as they were unsuccessful obtaining one for you through a Major Bank. However; the private lender will need one of three choices given to you.
1. For a loan repayment of 5 years-the payment multiplied by the first 6 months.
2. For a loan repayment of 6 years-the payment multiplied by the first 6 months.
3. To buy insurance for $800.00 in case the applicant would not pay back the loan the Loaner would have purchased insurance with this money.
The Loan agent, " Mr. Cory Peters" would fax the applicant a Paper copy of a fake Loan Contract. The applicant will then sign and Fax the Loan contract back and give Bank acount informationto the agent to release funds to. The agent will then call the applicant back with instructions to Western Union the money, the amount will depend on the choice that the applicant chose listed above. Once the applicant has sent the money to a "Ms. Jessica Smith" in Vancouver, British Columbia, Canada, the agent states he will confirm payment with Loaner, and will release funds to you. This never happens and the agent will never answer his calls from the applicant again.
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