I too, am a victim of Riverside Lenders. I feel like an idiot for falling for this so easily, but I guess I was easy prey when I was most vulnerable. This fraudulent company has left me facing, termination of employment, eviction, and worst of all they ruined Christmas for my kids.
I applied for a loan over the internet and received a phone call a few hours later from a Debbie McKay, loan representative for Riverside Lenders. I explained to her that I needed a small loan to catch up on a few bills and to give my family a nice Christmas. She told me she would do her best to help me and proceded to take my info. She then told me after some paperwork and a credit check that she would get back with me.
About an hour later I get another phone call from Debbie McKay and she tells me "Good News! I have been able to approve a 5k$ loan!" But due to my credit I would have to provide the first five payments to secure the loan. She would need me to wire or bank transfer of 795.00$ to her loan collections office in Edmonton, Alberta Canada C/O a Jeffery Davenport.
I agreed to the conditions and she faxed me a loan agreement that looked very convincing. I filled out all the necessary info including my address and phone# bank acct# and routing# for direct deposit of loan. DL# and SS#. I then faxed it back along with a copy of a voided check, SS card, DL, and a utility bill all for the purpose of identifying me for tax reasons. Someone by the name of Lawrence Purdessy is the president/chaiman and approved my loan.
Fifteen minutes later Debbie McKay ext225 calles me back and tells me everything is in order and they are just waiting for the initial deposit from me to secure the loan. She gives me plenty of options to tranfer the money but assures me that a money gram would be the fastest way to avoid bank fee's and delays. So I gather up my monthy truck payment, that monthes rent, and borrowed 100$ from my neighbor... All the while thinking I could later make these payments with the loan I was about to receive.
I wire the money using Money Gram at my local Wal-Mart (suggested by her) to Canada C/O Jeffery Davenport. I then called Debbie McKay back an hour after the tranfer as i was instucted to. She tells me they have received the payment and my loan will be directly deposited into my bank acct within 24 hours.
24 hours goes by and no deposit. I called Debbie McKay and she no longer picks up her calls. I wait for about 48 hours and try to call again. This time more persistant. I called and kept hitting redial for about 3 hours straight leaving messages everytime. She finally calls me back and tells me there was a recheck of my credit and she can no longer offer me the same loan under those conditions... But if i could send her another 300$ that she could redo the paperwork and be able to process it through.
I told her I was tapped out and that I no longer wished for this loan. I then asked for a refund of my deposit so that I could make my payments on time. She told me there was going to be a small back out fee and i should receive my refund in about 3 weeks.
Its been 5 weeks now and still no refund and I can not get ahold of anyone by phone or email. So, to sum it all up. This company of scammers has cost me my truck (couldnt make the payment), my job (I dont have a vehicle to get there), possibly my home (pending eviction, didnt have this months rent, although my landlord is being very understanding), but worst of all, my kids didnt even get a single thing for Christmas this year. The look on thier faces Christmas morning will stick with me forever.
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