I went on-line in search of an emergency loan. I have poor credit and knew it may be difficult. Because of some financial issues, I was behind on bills. I was desperate (and still am) to pay bills especially my car.
I was contacted by Westdale Financial Group on monday. The 'loan officer's' name is supposedly Matt Kelly, Ext. 334. I was told that I was approved for a $5,000 loan with Westdale Financial Group.
The terms of the loan seemed pretty standard except they wanted $759.70 up front before they would direct deposit the $5,000 the next day. The $759.70 was to cover the first 5 months worth of payments on a 36 month loan and my first payment wouldn't be due until Feb. I was told that because my credit was considered "high risk" that they needed the down payment.
I asked Matt Kelly questions and he even faxed over a copy of the contract for me to review and sign. The contract looked so real and he even had me sign it and fax it back to him. They even had my rate of 6% and what my monthly payment was going to be.
After borrowing money from my sister (from her Morgage Payment) she wanted to make sure this was a lidgit lender. I assured her it was since they faxed over the contract to me. The next day I started thinking about what she had said.
I started looking online and googling their company name. All that came up was real estate properties. I couldn't find them anywhere on the internet; not on the Better Business Bureau (BBB), Duns and Bradstreet, white pages in Stamford CT, and different search engine. I couldn't find any information on them at all. Except for the website they gave me. Even the website looked lidgit. I read other complaints about other companies and started doubting myself. Their situation was just like mine. But the company was a different name. I even searched on here for the name of their company and other complaint websites and couldn't find their name on it.
When they told me to send it Money Gram to a "lender" named Rebecca Mollett, I should have stoped right there. But $5,000 sounded too good to pass up. Plus I was really desperate for the money. It would have helped out on rent and payment on my car for a couple of months.
So I wired them the money yesterday and now Matt won't pick up his phone. Some supposed "Supervisor" named Justin Dewitt as now informed me the the "lender" has asked me for another $759 because my credit it is so bad. It took me all day to try and get a hold of someone and now they're telling me I need to put down some more money. Now when I asked for the refund of my money they said I have to wait until Sept. 1st to get my check. Let's wait and see if that really happens. Now I"m out almost $800 and I owe my sister her Morgage Payment back wich I don't have.
These people should be punished. I wanted to right this as soon as it happened so that anyone else contacted by WESTDALE FINANCE GROUP/CORP don't fall victim by them.
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