My wife and I have had a lot of financial trouble over the past year, (like everyone else), and we tried to get a debt consolidation loan to pay off our credit cards and give ourselves a fresh start. Loancents offered me an 8000usd loan at a great rate. I did some background checking on this company before continuing, they were listed as incorporated by the State Dept. And had an A - rating from the BBB so I thought I was safe when they asked for a security deposit for loan insurance in the case of default. What happened next was that I sent them the money and they sent me nothing. Now about 2 weeks later they wont return my phone calls or the calls or letters of my attorney. It's a shame that people are out there to take advantage of consumers who are already struggling. I hope they get what they deserve and intend to follow through with whatever legal action is available to me. Do not do buisiness with loancents financial services or you might be out 1600usd just like me.
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