While on the internet, I was looking to see if there were companies that could help me get my Credit re-established. I found a web site that provided aid to credit challanged people (me) to help get their credit clean up. I applied for a $30,000.00 loan so I could consolidate all my bills and have 1 easy payment. It was about 3 days later I got a call from Abigail Tyler from Financial Mobility Network who explained to me that my application had been referred to them and that they have special funds to loan out to approved clients. She stated that after reviewing my application I had been approved for the full $30,00.00 at 6% interest for 48 months. She explained that my payments would be 703.54 per month and the payment date would be on the same day each month that the Loan money had been issued to me. She also explained that in order to protect them as the lender I needed to purchase a Loan Protection Insurance in the amount of $3,000.00 that is the designated form of collateral chosen by the Lender which protects them in the event of my death, termination of my employment or long/short term disablility. Abigail then faxed my a copy of the contract on 07/25/07 which read and looked very legal and up front. I decided to check them out through the BBB and they had no significant reports against the Financial Mobility Network. I then felt that they were legit and faxed back the signed contract along with my information in procurring the $3,000.00 which I had to borrow from friends and family on 07/30. Abigail stayed in contact with me to keep me up to date and informed step by step as to what was being done. On August 14th Abigail called and let me know they were going to take the $3,000.00 from my checking account on August the 15th which is what happened. She also stated that the $30,000.00 would be transfered into my checking account within 24 to 48 hrs. When that did not happen I called and I talked to her manager John and he stated that she had given me incorrect information on the time line and that it was actually 3-5 business days. After the 5 business days came and went, I still do not have the money. I have called every day at all times of the day with no answer, but I have left many messages. The old saying of (If it sounds to good to be true, it probably isn't) is something I chose not heed and now I'm out $3,000.00 and deeper trouble now than I was before all of this. I don't know if there is any recourse I can do to get my money back but I sure would like to shut them down so this does not happen to anyone else.
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