ok so i just got approved for an 8,000 dollar loan through a small loan company. They have sent a guarantee letter to insure that they are a legit comapny with good intentions, blah blah blah. Is there anyone with a legal background that could look at the contract and tell me if it is legit of not??i was also told I do have to make a deposit of 800 dollars before they can release the loan to me, because my credit isn't that good, is this normal procedure? PLEASE HELP!!
2007-02-02 05:44:35 · 2 answers · asked by GossipQueen101 1 in Business & Finance ➔ Other - Business & Finance
I've never had to deposit funds to establish a loan. That being said, I would tell you that if you are unsure of the contract, to visit with an attorney in your local area. There are some who offer free consultations or will review a contract for a reasonable price. When you ask for free legal advice on a forum such as this it's usually worth what you've paid for it. Seek out the professional; $800.00 is a lot of money to potentially lose.
2007-02-02 05:55:26 · answer #1 · answered by Rabbit 5 · 0⤊ 0⤋
Send it to me
2007-02-02 13:52:36 · answer #2 · answered by Anonymous · 0⤊ 0⤋