Usacomplaints.com » Business & Finance » Complaint / Review: Meridian National Trust - Loan Fraud, Rip-Off Artists. #720909

Complaint / Review
Meridian National Trust
Loan Fraud, Rip-Off Artists

Meridian National Trust ripped - me off. I didn't realize it until I just now when I saw the other reports. Too late because none were out there when I was researching the company... And that's the leverag they used to convince me that they were legit.

Doug Alexanders said..."If we weren't a reputable company that delivered what we said, don't you think you'd find a bunch of negative reviews and complaints. We wouldn't be allowed to operate." He had a good point, because I couldn't find any. Not 1. Now here they come... All at the same time.

I filled out an online application, and was contacted by Doug Alexander who said I had been approved for a $5,000 loan. But since I was considered high risk, they shopped me around to their international lenders and I had received two approvals... One from Canada and one from Barcelona Spain. I could pick which one I wanted to deal with, but he said they work with the Barcelona lender a lot and have several accounts with him... So I went with that one.

To make a long story short... The loan required the 1st 4 payments to be made up front which would be applied directly to the principal of the loan and would not be applied to any fees per the laws of NY. I wired the money. Then Stephen Cohen called me back and said the insurance company did a second look and decided they would require an additional 4 payments to secure the loan which would be applied the same way and I wouldn't have to make my first paymrnt until April.

I have two separate contracts that state all of this. Daniel S. Carter is the so-called CEO signing the contract. Both Doug Alexander and Stephen Cohen said the contract was legally binding so they would transmitt my loan once the requirements are met. I sent the 2nd $900 payment on 8/13 to the so-called lender in Barcelona. And Western Union even sent me a text when it was picked up.

My loan was supposed to be in my account on Monday, but needless to say... No loan. I'm out $1800 and I don't know how I'm going to pay my rent or any of the other obligations I have. I am desperately seeking justice. I am a single mother and my desire to try to help my family and make things better has made me foolish and I actually made everything 10 times worse for myself and more importantly... My daughter.



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