Royal Oak Financial Group
Ripoff, dishonest, fradulent company

We applied for a loan via internet and we were linked to rofgroup.com. About 5 days after applying we received a phone call from Carla Tippins stating we had been approved for a $5,000 loan. I was total stunned and tried to ask questions but she kept rattling off like a machine! She said because no financial company or bank would loan the money to us, they had found a private lender. Because our credit was poor (how would she know? We checked our credit to see if they had pulled credit and they had not!) we would have to put $1,300.00 towards an insurance policy as we had nothing to protect the loan and just in case we defaulted. She said the terms were 150.00 at 5% until the $5,000 was paid in full, however when the loan payment schedule was emailed over, it was in foreign financial symbols and the payment amount was different and so was the %.

Anyways, we were inform we would have to send the money via Moneygram and to review the loan schedule and the Allenbury Insurance Company paperwork. I said I would have to call her back. Two days later she called me back at work and asked if we wanted to pursue the loan. We decided to go ahead with it as the loan funds would be in our account by the next morning but I had to make sure the funds were to them before 2pm MDT. We sent the funds to Ottawa, Canada. She said call her back with a confirmation number but when I did she said my payment booklet was already ordered and I found that impossible as I did not give her the confirmation number yet. She took down our bank account information also.

The next day - nothing, I called and she did not return our call. We called a zillion times and she called back after 3 days and said the funds should be in our account by 6pm which seemed strange. I asked for a confirmation number for our bank and she said the bank did not need the number. We never heard from her again! WARNING: The application on line is a fraudlent means to get your information and then convince you to send the fee in. Any one can apply for the loan even a 12 year old!!! Since then we received another call from another gal saying we were approved for another loan. We have been in touch with the FBI, City of Troy, Detroit Free Press, the Attorney Generals office and immediately phoned the BBB of Eastern Michigan to report an empty office is being used in the building.

Ronson Financial as well as rofgroup.com is all over the internet so be wise and do not apply to any of the websites they are linked to their site! The will not have a chance to hide as they will be caught and shut down!!! Good luck to everyone who has had any dealings with them! They are stupid and dump people!!!

Company: Royal Oak Financial Group
Country: USA
State: Michigan
City: Troy
Address: 1441 E. Maple Road, Suite 103
Phone: 8888177805

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