I initially was seeking an unsecured personal loan to clear up my debts and repair my credit and eventually was redirected to a credit repair service. There after i was solicited by Pilgrim Financial Loan services promising unsecured loans to help repair credit, after exchanging info via emails with Paul Daniels the loan adviser, i was sent an online loan application to complete and sign from pilgrim financial service by Paul Daniels who then sent me back another email after completion congratulating me on my loan approval giving me an assigned account number and requesting that i contact him by the phone number listed below to discuss further details of my financing which i did, Paul explained to me again details about my loan request then stated that he would send me the loan agreement including the Truth-In-Lending Statement which needed to be signed scanned and sent back which i did on 8/23 after-which Paul sent me another email saying "Your loan is released into your savings account within 48 hours of insurance activation. If all documents can be signed and returned on the 23rd, and your insurance account activated on that day, then your loan can be released on August 25th." and then yet another - amp;quot;Please send the documents to us today, if you can, so that we can get all of the document verification out of the way and get your insurance account set up. Were you planning on paying your insurance fee on the 31st? Is that correct?".. When i emailed him back asking him why not take the Insurance fees automatically from my checking, Paul exclaimed "Given the quick turn around time between your loan release and insurance activation, the insurance company has implemented an activation system that is secure because funds used for the insurance activation cannot be reversed once the loan has been released (we have had minor instances of fraud in this area with debit and credit cards). This is the reason that funds cannot be deducted from a checking account at this time. Please keep me updated as to your status so that we can have the loan funded as scheduled... Then paul sent me another e-mail explaining how he wanted me to pay my insurance fee for the loan-“ Included in this email will be the detailed instruction for paying your creditors insurance policy through the Green Dot Money Pak re-loadable load card. You will be making payment with the Green Dot Money Pak re-loadable load card (Note): there are several different types of load cards, you will be purchasing the load card without the visa or mastercard logo. You will be loading the sum of $505.03 to submit payment for your insurance policy. You may find the load card at any of the following locations: Walgreen, Wal-Mart, CVS Pharmacy, Rite Aid, K-Mart, Meijer Pharmacy at the cost of $4.95. Once funds have been transferred to your load card you will need to inform me of the 14 digit number on your load card/receipt for verification of payment”. After doing this that is stated above, paul sent me one last email-“Thank you for forwarding a copy of your I.D. I will have further instructions sent to you today regarding your insurance activation and loan release schedule. If you are able to take care of things as scheduled please fax me over a copy of the receipt you obtain so that I can verify that the payment was made and start the process for releasing the loan proceeds. Your loan will be deposited into your bank account within 48 hours upon insurance activation. Regards, Paul Daniels - Loan Consultant Pilgrim Financial Services Phone: 1- (888)-746-9907 ext 105” the moneypac greendot card was bought and sent to Paul on the 31st of august since then, i have not heard from paul, nor was any loan monies released, all emails go unanswered, all calls go into voice mail by pilgrim loan financial services, when i do call and code in my loan consultants extension - i get pauls voice mail which are now never returned. Today is sept 7th, i have yet to hear or see anything materialize from this deal. I have all emails and documentaion from paul and pilgrim finance including copies of receipts to support this. This is so not right, all I ask now is that they either follow through or return my 505.00 is there any way that you could help me in this matter, or will they continually be allowed to scam honest hard working individuals out of their hard earned monies.
About Us
Pilgrim Financial is a dedicated loan provider, committed to helping you and your family become debt free, faster.
Company founder Daniel Bronson was always concerned about the way that banks traditionally marketed loan products which would ensure that clients had a burden of debt hanging over them for many years. He knew there was a better way and launched Pilgrim Financial as a real alternative.
The secret to Pilgrim Financial's success is the ongoing effort to help clients reduce their debt as quickly as possible. Our market leading personal loans, services, tools and processes are designed to help our clients and their families manage their loan more effectively.
From the inception, the average American family has always been our priority. Our clients work closely with their Pilgrim Financial Consultant, and in conjunction with our Debt Management System, we show them exactly where they are today, and how to manage their debt to get to where they want to go
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