Cardaro Lending Solutions 535 Griswold Street Suite 2100 Detroit, MI 48226 888-226-0519
I applied for a loan through this company, Cadaro Lending Solutions. The loan was for $7500.00. I do not have good credit, they told me They required a collateral fee of $990.00 plus an additional $90.00 fee charged to wire funds to them for the loan. A total of $1080.00 would be paid back to me within 6 months once I showed a good history of making the loan payments on time. I was informed my loan was approved and it was requested I wired the funds to them.in turn, i was supposed to receive my 7500.00 via EFT. I have the loan documents and I did some research on this company and the loan and terms appeared to be legit. Well, I never received that loan, they gave me some excuse stating that my loan was shopped around to other lenders but they declined the loan, Cadaro said they would move forward with the loan for an additional fee of $2000.00, which they claimed would be refunded to me. I refused to send them more money and requested a refund. First of all, I was assured by their company that my loan was approved through them, the representative never mentioned they would be shopping the loan around to other lenders. It has been 30 days and have not received my $1100.00. I have called the company numerous times and no one ever answers the phone, I leave voicemails but do not get a returned call.
I have filed a complaint with the Better Business Bureau & this Ripoff Sight, I am filing a report with the Michigan Police Fraud Division / Internet Computer Crimes Unit / I am contacting the local news station to see if I can get a news anchor to air a story about this money wire scam! And I will be contacting an attorney to find out what my options are for a class action lawsuit as I am certain I am not the only victim of this fraudulent company. The reality is, people are most vulnerable when they act out of despiration. My first inclination was to do more research on this company but my desire for a loan approval took over my common sense. Now i have fallen prey to an internet scheme but I am going to report this company from the police to the IRS to the Feds until i get Justice because no one should have to go through this. This company is Shady and they need to be prosecuted!
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