2007-01-30 09:00:21 · 8 answers · asked by russ n 1 in Business & Finance ➔ Credit
!! DON'T TOUCH THEM WITH A BARGE POLE !!
THEY CAN NOT GUARANTEE TO GET YOU A LOAN NO MATTER HOW MUCH YOU PAY UP FRONT!
Good luck
2007-01-30 09:11:51 · answer #1 · answered by Bristol_Gal 4 · 0⤊ 0⤋
Consumer protection agencies say you can avoid being taken by advance-fee loan sharks by following a few important tips:
Don’t pay for the promise of a loan. Especially over the phone.
Ignore any ad — or hang up on any caller — that guarantees a loan in exchange for a fee.
Remember that legitimate lenders never guarantee or say that you will receive a loan before you apply. They always check your credit rating to assess if they want to lend to you.
Don’t give your credit card, bank account, or personal details on the telephone unless it is with a company you know and trust.
No legitimate lenders require you to make a payment for a loan, so do not pay one.
2007-01-30 18:41:08 · answer #2 · answered by angie 5 · 0⤊ 0⤋
Any loan company no matter how its worded that asks for a fee up front are cons, they take your money to preform searches for you, not actually gaurantting you a loan, and you waste your money into the bargain.
British credit trust are quite good at giving loans to people who are finding it hard to get one, they also do car finance, and they do not charge you.
I could get you the number if needed.
2007-01-31 04:56:38 · answer #3 · answered by hayles 3 · 0⤊ 0⤋
hello.i got stung of yes loans!!! they told me i would defintely get a loan of them just before xmas as long as i sent of the £49.50 fee.i then got told 4 days before xmas that it had been declined!!! i havnt getten my fee money back.i will never ever use a loan company that asks for a fee again.
2007-01-31 08:10:58 · answer #4 · answered by bigbaps 3 · 0⤊ 0⤋
I also paid £50 to a finance company that only told me they didn't actually do loans AFTER they'd cashed my money!
2007-01-31 15:47:29 · answer #5 · answered by Ms Fabulosity 3 · 0⤊ 0⤋
I would tell them to get stuffed.
2007-01-30 17:06:59 · answer #6 · answered by Ollie 7 · 0⤊ 0⤋
Shove it.
2007-01-30 17:10:29 · answer #7 · answered by Anonymous · 0⤊ 0⤋
DONT USE THEM. THEY WILL RIP YOU OFF
2007-01-30 17:17:03 · answer #8 · answered by Anonymous · 0⤊ 0⤋