This company said it would contact me by telephone to do a verification before I could get approval for a $10,000 unsecured loan. The terms and conditions DID NOT state this was a prepaid loan of some sort.
I was never contacted by phone for verification of my identity or anything and 10 days later my bank account was debited $124.90. When I contacted the company to try to get a refund I was flat out told NO.
The "terms and conditions" are written in a way to prey on the already financially disinfranchised. They are misleading in not only how the "loan" works but how you can obtain such loan.
They do not follow the procedure they themselves set forth. They are using fradulent billing to gain profit by "approving" and billing everyone who applies without even contacting the applicant.
They shoot first and don't even ask questions. They assume NO responsibility in helping consumers prevent identity theft and put additional burden on consumers by not verifying information of applicants providing ample breeding ground for identity theft.
Misty
Duluth, Georgia
U.S.A.
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