We first contacted Liberty Financial Advisors. All info we filed with them was refered to Elite Consolidation Group. Which is what we thought had just happened. We thought we were refered to Elite.
Elite Consolidation Group had approved our loan of $10000 as requested. All documents were emailed to us. The process seemed simple.
We received the documents and faxed them back. Oh, yes we also had to send a security deposit, as they put it, of $1320 to secure loan and we would receive our loan in 1 day by direct deposit once deposit was received. Spoke with Adam Brown.
The funds had to be wired to CFO Andrew Slatts in Canada. We wish we had known that was illegal.
The following day nothing came, so we called to check the status. Spoke with a Carol Stewart, also to Adam Brown. We were then told we had to send an additional $950 for insurance due to our credit.
At that point, we decided not to proceed. We didn't feel it was right to request more money after we agreed and signed the loan documents. We immediately requested a refund and we were told it would take 7-10 days to process.
Time had passed and nothing ever showed up. We called several times and only twice did we reach someone. Both times we were hung up on when we questioned there methods and procedures. They could never give us any answers.
We were fooled because there was nothing ever reported to the BBB, but now there is. We made sure to report them, especially after the second hang up.
Don't deal with Elite Consolidation Group or Liberty Financial Advisors ever. This is a scam for sure.
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