Newport Lending Group
Promised me a $8500.00 loan with only $840.00 as a collateral payment!

Business & Finance

I went on the net to find a lender because I am divorcing my husband who put every debt into my name, then refused to pay, ruining my credit severely! We sold our farm at a significant loss, not getting out of debt completely. I am living in my car with my cat and 3 dogs, so I am in dire need of a place to live!

The rent is rediculous and I can buy a Mobile Home for far less, so I needed a lender! Derrick Matheson called me, told me that none of their banks would do a loan for me, but they have a private lender who would give me the $8500.00 @ 7% interest for a term of 5 years, making my payments $168.00 per month! The only stipulation is that I send them 6 months of payments for collateral ($840.00)!

I was so tired of being on the net and begging to anyone who would listen, so I was so releived and excited!!! I did have doubts, but I called the Wichita Better Business Bureau and they stated that they are a company who is not a BBB member, but they haven't had any complaints/or not a sufficient amount of complaints to make a report on them! So I sent the money through Wal-Mart by Money-gram to Reynolds, Ontario Canada.

The following day, I didn't hear from them as promised and there was no money placed into my account as promised, so I called them! Derrick refused/ducked my calls! I then called Customer Service and spoke to Brandon Foster. He claimed that their were problems with my information and they needed another $840.00! I said no way, that's all I could get my hands on! I gave them my christmas, food, & gas money!!! I told him to send me a refund immediately and he claimed they would on the 30th! The 30th came & left, I got nothing!!!

I called numerous times and after they refused my calls for a couple of days, they had a tape saying that my universal account has been put on hold temporarily, if you have any questions, please contact customer service, thank you, Good-bye. Customer service is the same phone number and I get the same response!!!


Company: Newport Lending Group
Country: USA
State: Kansas
City: Wichita
Address: 155 N. Market St
Phone: 8662715664
  <     >  

RELATED COMPLAINTS

Newport Lending Group - Newport Lenders
Sooner of later carma will catch up to them... Dont do it! Its a scam!

Fedility Lending Group
Wal-Mart lending Scam

Newport Lending Group
Newport Lending Group Newport Lending Group - They are a Scam Ripoff

Grand Alliance Solutions
Consumer Report

Newport Lending Group
Ripoff fraudulent unconscionable Loan scam artist and racket

Newport Lending Group
Internet Loan FRAUD!

Green Living Group
Eli Bernstein Chairman And Chief Executive - Steve Montgomery Scam. This company called me and said that I had qualified to receive a loan of $5,000 or $10,000 Toronto Canada

Newport Lending Group
Ripoff, lies, deceit, and too good to be true!

Money Mutual Lending Services
Online Fraud - promising loans

Dandpfinancialgroup
Duncan & pruitt financial group internet loan scam! Wire funds as collateral for the loan, bad credit, and they send money to your bank account in 24 hrs