Originally I had applied online through ecredit.com for a personal loan. A day or so later on Sep 11th I was contacted by phone from Stockwell Financial's Greg Hobbs, an account Rep. He already had all of my information and said that they recieved my app from the website. They offered me a personal loan of $5000. And said that because of my low credit the third party lender needed collateral in the form of 6 monthly payments which was $930. That was to be wired so I could recieve the actual loan faster.
The next monday came around and the money wasn't in my account so I called first thing in the morning and they told me in the loan docs the company has the right to further look into my finacial history and require more collateral, which they said they did. At that time I was very sceptical and told them they needed to send me my money back and they said they could refund it but it would be on their billing cycle which wouldn't be until Oct. 1st. This was a shock and they were very professional and explained they understood my frustration but if I sent another 6 months collateral the loan would be processed and disbursed within 3 hours.
I told them I wanted a paper document stating that and they faxed one over and I sent the other $930. That afternoon the money wasn't there and then I was even more devistated. So I called and they said with lending problems and economic problems the third party lender had pulled out of the aggrement. At that time I told them I want my money now and they said the same about the refund and I told them that I was calling the police.
The last time I actually spoke to a person, his name was Joshua Graham Customer Service MGR, he told me they would see if they could refund money before that date. Now the 888 number doesn't work and the website doesn't work.
And after looking at the docs I have they have two different addresses the one above and 5909 NW Expressway Oklahoma City, OK 73132. I have pulled both of these adresses up on the internet and found both to be other buisnesses address. The 1st date I sent money was 9-12-08 through MoneyGram ref#46226909. The 2nd was 9-15-08 through MoneyGram ref#80672078. I have contacted MoneyGram and made a report with them as well.
0 comments