I was contacted by Iworks for the program of getting a SBA loan as I needed the cash to start a home based business. They told me that they would help me get the loan and I would not have to pay the loan fees of $5700 untill I got the money. I was very honest with them and told them that my cards were maxed out, I did not have the funds and my mother lives of SSI and I have only few hundred dollars that I get in a rental. When they sent me the agreement, I looked at it and said that I could not afford it. They used pressure and convinced me that if I did not make money, they would not make money. They convinced me that I would not have to pay untill I got the loan. I unfortunately believed them and signed the damned agreement. They convinced me to put it on a credit card that was maxed out. Now Horizon Finance the agency that they use are now using a collection agency to collect the monthly fee on a credit card they said that they were not going to use. I now have to sell my rental house, to pay the comapny that I cannot afford and will not need if I do sell the house. The company is a BIG ripoff.
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