Milton Lending Services
Scam

Milton Lending Services offered my son a loan of $20,000 with a secured collateral payment of $1,834. We checked into their company, could not find any complaints prior to the 7/19 complaint, no filings with the Better Business Bureau. I spoke to Michael Crown with Milton Lending Services. He was able to provide me with a company history, in business for ten years, products offered, company dealings. We made the requested collateral payment. The file was reassessed as noted in the loan agreement. Milton Lending Service requested an additional collateral payment of $1,338, which was sent. $20,000 was to be deposited into the checking account on Monday morning. Received call from John Herrman. He said the lender backed out, and Milton Lending was pursuing legal action against the lender. Then he stated the CEO put together an option for my son with an irrevocable guarantee of deposit, along with an additional collateral payment. We requested a new loan agreement. This was requested Tuesday, 7/21. It has never been produced. Now the phone lines are not working and the web site is no longer up. Legal action is now being pursued.

Company: Milton Lending Services
Country: USA
State: New York
City: New York
Site: miltonlendingservice.net

  <     >