I was contacted on my cellphone by a Joseph from the Intercity Lending group, stating I have been approved for a $10,000 loan. The terms were 8.5% interest for 5 years and pymt of $204 per month. Sounds great. The catch is the want 3 or 4 months of $204 per month up front and then they will release the funds via direct deposit within 24 hours.
I contacted the Connecticut Department of Banking they are not license to do any time of business. This is a Scam. Be Ware.in the state of connecticut unless you are getting a mortgage there should no up front fees to secure a non-secured loan.in the example of a mortgage the loan is secured by the home.
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