did you know that North Rock Lending is a scam / fraud company?

Question

Please understand that North Rock Lending does not exist and is a fraudulent company scamming people out of thousands of dollars. If any company asks you for money upfront to secure a loan, that's illegal. I bet they want you to western union it and then need the control number. Ever wonder why they need the control number? They don't have to produce id to collect. North Rock lending is a scam/ fraud fake company probably with terrorist ties.

Answer 1

Thanks for the alert Paul.Did you turn them in?They need to be.Call the Department of Corporations and they will go after them.

Answer 2

In my opinion it is always worth posting the names of "companies" that are suspected of scams such as this in case any potential victims are searching for the Scammers names.

Maybe Yahoo Answers isn't the best place though. ...

Anyway ... signs to look out for in a loan scam are:-

· Incredibly low interest rates, often around 5% for the life of the loan
· Receiving a loan offer in an unsolicited email or phone call
· Either implying or guaranteeing approval of the loan, no matter what the applicant's credit history
· Advertising unbelievable loan deals all over the internet, as well as in newspapers and magazines
· The request for advance fees that cannot, for whatever reason, be taken from the loan
· Asking for said fees to be paid via Western Union or MoneyGram

Please understand that loan scammers can often appear to be legit. Some will send authentic looking faxes and emails with letterhead stolen from real companies. Others create professional quality websites for their fake loan company, to make the scam seem more real to their victims. Many even go so far as to set up toll free phone numbers. Don't be fooled. Once the scammers have received as many "advance fee" payments as you will part with, they will take your money and disappear.

* Note- A less common variation of this scam involves the scammer offering to send a check or money order that you are to cash. They will tell you to send the fees for the loan as soon as the check has "cleared". Be warned! The check or money order you will receive is fake or stolen. Just because your bank makes the funds available for you to withdraw, it does NOT mean that the check has cleared. Fair banking laws in most countries require that the bank make deposited funds available for withdrawal long before the check actually clears the issuing bank. It can take up to 6 months for a bad check to be returned, and you WILL be held responsible for the full amount when the check bounces or is reported stolen.

Answer 3

But Northern Rock Financial IS A LEGIT British company. It recently went through a bad spot and had to be bailed out by the Bank of England.

Now Virgin Group are interested in taking over the bank.

Answer 4

Quit posting these "Alerts" Most of these companies change names every 15 minutes. Anyone that can't recognize a scam when they see one won't benefit from naming individual scams.