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asking for a brokers fee has my suspision aroused

2007-11-11 02:31:58 · 8 answers · asked by C S 1 in Business & Finance Personal Finance

8 answers

Would you ever pay a fee for a loan? Isn't that the exact opposite of borrowing money? Yep, your "scam radar" is correct...they are trying to screw you.

Go to a bank or a credit union.

2007-11-11 03:05:07 · answer #1 · answered by The Professor 5 · 0 0

Well your BS meter is working! Most credit card companies that will offer you a card with fees attached because of your credit history will apply the fees to your card once you are approved and your account is activated!

When applying for credit, you shouldn't have to pay anything up front to get it.

I went bankrupt after an Identity theft and found my self in many scams. Fortunately my BS meter was still in operation and I think you should go to my website and read it all!
I put my experiences in here along with the most common scams and rip-offs I came across as well as how I repaired my credit!

My score is now 729 from 486 and it took me a little over a year to get it that way!

2007-11-11 03:21:56 · answer #2 · answered by Anonymous · 0 0

It's probably a scam. You pay the up-front fee but the loan never materializes.
Think about joining a Credit Union.

2007-11-11 02:41:27 · answer #3 · answered by Anonymous · 0 0

Some companies ie tennent loans charge you a fee of £49 to find companies who will offer you a loan but its a scam i got caught out in and asked them for my £49 back but they only sent me a real snotty letter and when i phned them was told it was non returnable .What a hoax.

2007-11-11 02:41:43 · answer #4 · answered by rudd_linda 4 · 0 0

Yes, they are scammers.

Here are some things to look out for:

1) If they are trolling on this or any other message board, they are a scammer.
2) If they have a generica email address (Yahoo!, gmail, Hotmail, etc.) they are a scammer.
3) If they want any sort of fee in advance, they are a scammer.

2007-11-11 03:41:24 · answer #5 · answered by Wayne Z 7 · 0 0

Yes they are scammers. They take your money and say they will get you a loan but the companies always refuse . They don't care because they have your fee.

2007-11-14 05:52:15 · answer #6 · answered by Ariana 5 · 0 0

yes try provident or shopacheck

2007-11-11 02:35:24 · answer #7 · answered by Anonymous · 0 0

Dont do it its a scam been there done that please dont do it

2007-11-11 03:31:48 · answer #8 · answered by Lola B 2 · 0 0

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