I was approved for a personal loan that required a 5 month in advance in payments ($660.00). I sent it via MoneyGram to Miami, FLA. A day later, I was told I needed to send $600.00 for insurance premium and was told I would get it back at the end of the loan (5 years). I sent that via MoneyGram to Miami, FLA. After they got the money, they stopped taking my calls and returning my messages. I just found out yesterday that the loan officer who handled my file lied to me. I was supposed to pay a total of $1100.00 for the ins. Premium. So, they were asking for money! Today, my banker did some checking on this business and found out that they use different names. I thought I had checked this company out thoroughly. I called them back today and told them I wanted my money back and the lady said it would take 14 days to process my money. I told her to send it via MoneyGram like I did and she said it would still take 14 days to get the money. She was pissed. Im in the hole with my bank for this money. Im a single mom of 3 kids, living on Social Security Disabilty and child support. The money I sent them took all my income for the month and they were supposed to do a direct deposit of my loan for $7500.00. I was relieved thinking I had caught a break. No such luck. I guess Im doomed to live a life of bad luck! Thank you, Lisa S.
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