I applied online for a personal loan to consolidate some credit cards through Quantum Investment Services. They advertise bad credit loans at low interest rates. I was contacted by Angela Bowman and advised that I was approved but needed to send a payment of $3000 for collateral that would be refunded to me in 6 months if I made all the payments on time. Angela would not ever return my calls so they started giving me to Alan Hunter. He said the loan was approved, they found a lender, so I should send the collateral payment to Orville Shaw in Ontario Canada via Western Union and was told to call back with the reference number. I asked why Ontario Canada and he said that is where the lender is. They received the payment, then told me to fax the receipt for reimbursement of the fee. I did all that I was told to do and they said I did not send enough due to the Canadian Exchange Rate and they only received $2817.45 so now i was a credit risk with them because I broke the contract. I asked if I could send the rest and they said that they would call me back. I have called Alan Hunter back time and time again, he doesn't answer. When he did answer finally, I asked again if I could send the rest and they said that they would once again call me back. The next day i was able to contact Alan Hunter and he said they had another lender that would accept this amount and my money would be deposited that next morning. The next morning they said that my loan was place on HOLD because I was considered a high risk and now they needed the insurance money for 8 year paid up front to get the money deposited to my account, the total was $2800.00. I asked why they didn't know that before they offered the loan to me, he said I could send more to get the loan disbursed right away or I could get a refund. I doubt I will ever see that money, now I am in debt more than I was. I am in the hole by $3280.00. I am going to contact the Attorney General right away and see if they can assist.
0 comments