LOAN QUESTION: I got the answer I wanted the hard way. Do not use this company AMERICAP LENDING they are a hoax...I sent them over 5000.00 to be approved for a 100,000.00 loan and have not heard from them since. I am on the verge of sueing this company. DONT FALL FOR IT!!! I already did...
2007-03-06 02:32:48 · 5 answers · asked by isis1298 1 in Business & Finance ➔ Credit
Unfortunately this kind of thing happens all too often. How long has it been since you sent the money to them? Did you fill out an application or receive any loan disclosures such as a Good Faith Estimate or Truth in Lending ? If you filled out a loan application it is federal law that these documents be provided to you within 3 days of the date you signed the application. You said you have not heard from them but have you tried to call their office and talk to someone about your loan? If you are unable to contact the company at all (phone disconnected, non-existent etc) call the police immediately. They will direct you to the proper authorites for this type of thing in your particular state. If you have been able to reach someone but cannot get a straight answer haul yourself down to their office (if it is possible) and ask the questions in person. Tell them you will not leave until you have your loan approval or your 5,000 dollars. If you still cannot get a satisfactory answer, call an attorney.
2007-03-06 03:05:45 · answer #1 · answered by 11111 1 · 0⤊ 0⤋
I too was going to get a loan from them. They told me I was approve for $5000 but I have to pay them $900 before I get the money. I went on bbb to check them out and found out this company is not a member but they don't have any info about the company (complaint wise, etc). Here's the info I got so far if you want any more info about them.. I decided not to go through it cause this company sounds shady to me...
I'm sorry for the the people who got scammed with this company. Hopefully you will have your money returned.
2007-03-08 00:04:43 · answer #2 · answered by sunshine 4 · 0⤊ 0⤋
I also am ready to sue them. I have sent over $2,000 for a $15,000 loan. Feel free to contact me. I have their foney signed contracts that they sent me and a guarantee letter that I would receive the money. My email is mturner406@gmail.com and my yahoo screenname is jtatyoservice. If you want to follow through with this suit contact me ASAP. I will work with you through the whole process. Thanks,
Matthew Turner
2007-03-07 07:02:05 · answer #3 · answered by Anonymous · 0⤊ 0⤋
I told you that last time! Now give me the Best Answer I deserve!
Just kidding. Sorry you lost $5k, but I doubt you'll ever get it back. Good luck.
2007-03-06 02:52:10 · answer #4 · answered by Anonymous · 0⤊ 0⤋
When Ur doing anything whit money never do ever thing over the
phone ... Go to someone you can at leas see...
Sorry about what happened ..
2007-03-06 02:39:21 · answer #5 · answered by Anonymous · 0⤊ 0⤋