Especially to those recommending a loan lender to those in need, I noticed that most of them have never posted any questions before just answers and yet some claimed that they obtain the loan from here. How much have you paid and in how many payments before u obtain the loan?
To Loan Lenders, why is it they you are never able to be downright honest with the whole transactions? Examples, Non Collateral Fees, Bank Transfer Charges, Bank Details and Contact Person, Company Profile, Proper Documentation for loan agreement both from your Company and the bank or IMF for that matter. And why is it that you can't provide the actual upfront payment involved in securing the loan? It's always payments after payments but the loan never seems to be delivered. And when asked for confirmation or clarification, u get angry and threatened to cancel the loan. Are all the Loan Lenders out there FOR REAL? What should I look for in a true, genuine, honest and reliable Loan Lender?
2007-06-25 14:22:11 · 4 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
Sometimes i just wonder if these loan lenders or recommenders understands english at all...???
2007-06-25 18:08:24 · update #1
Because they are all con-tricks of one sort or another ..
A number are simply outright SCAMS - these are they types who advertise 'no credit checks' and 'only 3% Interest' etc (hard to believe it, but Bankrupts and morons with CCJ's REALLY BELIEVE they can get Loans at less than the base rate and/or without credit checks). These guys just demand payment 'up front' for 'application fees' and 'refundable deposits' (ha ha) .. and every time you pay them something they find another reason for you to pay more ("You have been approved and the Loan has been granted - we now have the money in our account but pay the 'Transfer Fee' ...).... after they have taken you for every penny they can, you are given some excuse why they can't make the Loan (which dosn't exist anyway) ..
The rest are 'Agents' that actually DO make some attempt to find you a loan .. they still advertise unbelievable Interest Rates (eg. 8%) but they are usually honest enough to state 'Home owners only' .. you typicaly pay them £100's 'up front' and they typically find you a loan at 12 to 18% Interest secured on your house .. (or up to 60% unsecured)
2007-06-25 19:33:34 · answer #1 · answered by Steve B 7 · 3⤊ 0⤋
That is so true They tell you that they saved thier life but they leave out all the detail. If you want to advertise your buisness thats fine but dont do under someone elses name and swear that they got a loan from them and that it was great.
2007-06-25 15:39:20 · answer #2 · answered by sweet 2 · 2⤊ 0⤋
Amazing, isn't it, that people still apparently fall for it? Why they bother to concoct worthless "references" I don't know.
It always makes me laugh to see those badly constructed spam jobs from a Mr Bollock!
2007-06-25 21:32:07 · answer #3 · answered by champer 7 · 1⤊ 0⤋
Check this out they got sidekicks swearing the loan is going to be good...
http://answers.yahoo.com/question/index?qid=20070625181325AARASUz&r=w#Q5d4U2ToWDZrnGLn4e9LlnVv7U4SYlnO6QYnVAyT7j06_2lTfWhf
2007-06-25 14:44:43 · answer #4 · answered by 1090 4 · 0⤊ 0⤋