This company contacted me at work telling me that I had been approved for a $10,000 6% loan to be paid out in 3 years. I had to send the 1st 5 payments up front in order to secure the loan. The representative of Parkwood Lending told me that I would have the funds deposited by 5pm the next business day after I sent a money grahm to Canada, foreign intestors she said. Guess what, she lied, and I get a 2nd call the next day from her "boss" - ha ha - telling me that they have to have another 5 up front payments, or the lender will not loan me the money, or rather the insurance company will not cover the loan. I called back the next business day and told them to cancel the loan. I asked when I would receive the money, and they were slick in the contract, it says during their next cycle which would be 7/2/08. I asked that it not be put in my checking account, and they assured me it would be sent over night. I wish there was someone in Miama, Ohio that would look and see if there is a Parkwood Lending Group at this address. I bet they are out of the country by now.
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