They want 10000.00 down as collateral payment and will give me 10,000.00 in 24 hrs after they get my money. Payback is 4 yrs at 6.5%. Has anyone heard of Sync Lending?? Just want to know if it's a scam
2007-01-06 10:46:53 · 9 answers · asked by Alaina E 3 in Business & Finance ➔ Personal Finance
I meant 1000.00, sorry
2007-01-06 10:51:29 · update #1
It is probably a scam. At the very least, the actual interest rate is higher than 6.5% because you are not actually borrowing the full 10,000. I am assuming your 'collateral' should be1,000. You said 10000 (4 zeros = 10,000, the full amount of the loan).
2007-01-06 10:52:56 · answer #1 · answered by STEVEN F 7 · 0⤊ 0⤋
1
2016-09-28 17:06:59 · answer #2 · answered by Wilbur 3 · 0⤊ 0⤋
No question about it!!!! That is definitely a scam and if you had $10,000.00 to send them for collateral why would you need a $10,000.00 loan in the first place?
2007-01-06 10:49:43 · answer #3 · answered by Drea G. 2 · 1⤊ 0⤋
Might I suggest you contact your local bank and ask them about Tandata. I have found many people offering loans through Tandata on the internet but unable to find any site for Tandata Loan Company.
2016-03-28 23:35:12 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Scam!
2007-01-06 10:56:23 · answer #5 · answered by Lil' Gay Monster 7 · 0⤊ 0⤋
Scam!!!!
2007-01-07 05:17:55 · answer #6 · answered by Anonymous · 0⤊ 0⤋
that is so totally a scam
2007-01-06 10:55:02 · answer #7 · answered by Juicy 3 · 0⤊ 0⤋
SCAM!! Don't do it.
2007-01-06 10:48:19 · answer #8 · answered by JACQUELINE T 6 · 0⤊ 0⤋
RUN AWAY RUN AWAY DON'T LOOK BACK
2007-01-06 10:50:38 · answer #9 · answered by Anonymous · 0⤊ 0⤋