Today is 6/26/08. I found other consumer complaintss on Crestview Lending and felt it would be remiss of me not to include my experience with this supposed Lending Group.
I received a phone call from from Patrick Reed on or around 5/28 stating that I had been approved for a loan of $5K and all I needed to do was supply four monthly payments upfront and the loan would be released to me w/n 24 hours after payment had been received. I sent the money, $900, via MoneyGram to a Caroline Weaver in Canada on 6/6 and awaited my loan. The loan was never deposited into my account as per my signed agreement.
I received a call from a Jeremy Fenwick stating that the insurer of financier had re-reviewed my loan and in order to process it they would need an additional four months in advance. I explained my situation to Jeremy and he told me that I would be refunded on 6/27 of the loan or I could provide the additional funds before the the 27th and receive my loan. I was able to come up with the additional deposit a few days later and waited my loan again that he told me would be released w/n 3 hours. No loan.
After several attempts to reach Jeremy he seemed to be concerned and said that he would speak with Accting to see why my loan had not been released at 3:00pm that Friday. When I called him back he said that the financier had backed out and that they were not supposed to do that and that they would be punished to the full extent of the law. He was able to find another loan for $8k and would work out the terms. When we next spoke he wanted me to send an additional $700 for a deposit to secure that loan which was supposed to be released immediately. I flat out told him that was not doable. If I had money to keep sending him, then I would not need the loan. I asked for my money back again when. He said I would be refunded still sticking to June 27th and that they would add an additional $200 to the refund. So I am supposed to be refunded $2028 per Jeremy which is the two payments of $900, the money gram fees and the additional $200.
I expect my money tomorrow and will be calling in the morning to ensure the release of my funds to my account.
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