Beware of the company named ALLIED CAPITAL FINANCE CORP. Theyre just a company who scams people who are in desperate need of money. Mine happened on January 16 i was in a hard financial situation that i needed money. So i went and looked at the internet for lenders who would loan me since i only have limited credit.
Then i came across Allied Capital Finance Corp. I filled out an application and two days after I got a call from a guy named Robert Jensen (which im guessing isn't really his real name) he told me other banks wont approve me since i only have limited credit but he did get me approve with a private lender named Frank Lambert who lives in Denver Colorado for the amount of $7000.00. He said since i only have limited credit the lender wants me to provide a collateral. He gave me this options: Vehicle/Mortgage Collateral, Security Deposit or a Co-Signer. Since nobody wants to co-sign for me and i didnt want to put my car for the collateral i went with the option of Secure Deposit. He told me i need to send him $829.68 for my secure deposit thru Money Order. Like I said before i was in desperate need of money that i didnt think about how suspicious it is that a lender wants me to send my secure money thru money order. So i sent my money and gave Robert a call since he told me once im done sending the money thru money order give him a call.
Gave Robert a call and gave him my reference number so that the lender can go pick my secure deposit up. He told me that i should be getting my money wired to my account within 24 hours. So i waited and my money never came. I gave Robert a call and asked him what's going on with my loan, he told me that the lenders insurance wants me to put another $450.00 for my secure deposit. I told him ok ill send another $450.00 to him. He said after they receive the reference number to the money order for 450.00 it should only take about 6 hours to wire the money in to my account. So I waited for six hours but never got my money.
So I tried calling them for about a week but no is answering their phones, I left voicemails and no one returned my calls. Then thats when I got all suspicious about the whole thing so i did a little research on the company, came to find out on my research that they scammed another person. So i gave them a call and finally someone picked up she said she was the supervisor or manager. She said that theyve been trying to call me but couldnt get a hold of me for some reasons. Anyway I asked the manager whats going on with my loan and she told me that i still need to send more money in, thats when i told her i dont want to do the loan anymore. I told them i want my money back. She was fine with me not doing the loan anymore and told me ill be getting a check in the mail by friday which will be on February 6, but never received any check from them. Im sure i wont be able to get my money back and probably will be struggling on how im suppose to pay my tuition and bills at the same time.
So people out there beware of this company:
Allied capital finance corp is a scam!!!
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