I applied fot a ten thousand dollar loan with Bellwood Financial Group. They told me that I was approved, but I needed $1170.00 for collateral to secure the loan. I agreed and sent the money using money gram. They told me the money would be in my account by 5:00pm the next day. I t was not, so I called and asked about the delay, and they told me the people that were issueing the loan decided that an additional $1170.00 dollars was needed, because they evaluated my loan again, and said the extra collateral was needed. Like a idiot, I sent it to them. As you can guess the money did not show up again. They told me they were filing suit against the company that backed out of the deal, but they found another company to issue me a 20,000 loan, but extra collateral was needed. This time it was $2340.00 dollars. Out of desperation I sent the money to them, and low and behold it all started over again. They wanted more collateral, but I refused. Now they have my money, and I have less. The sad part is that I borrowed the money from a close friend and now I can't pay him. He has three children and I am sick to death. I don't have anything to give him and it breaks my heart.
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