Is it a scam? I've been trying to find information on it but have not been successful, I got approved for a 10,000 dollar loan but they said they need 1,500 Collatarel Deposit, after six months the 1500 will be deducted from your your balance. Check out their website www.plangroupinvestment.net .. PLEASE HELP!! I really need a loan & my credit is not great.
2007-11-24 04:08:14 · 4 answers · asked by JESSICA CAMILA 1 in Business & Finance ➔ Personal Finance
Sounds fishy to me....
It sounds like they want you to put up $1500 of your own money in order to get a $10,000 loan.
I wouldn't trust them personally.
Your better off keeping the $1500 and getting a part time job (10-15 hours a week perhaps) to get the money you need.
2007-11-24 04:27:13 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I personaly havnt heard of them - I am actaully looking at there website now. Even with bad credit, you should never have to put cash out to get a loan .
You will probably put the money out and and not get the loan - so if your prepared toloose $1500.00 and be further in the hole,then go for it.
A word to the wise - any time someone wants money up front - its usually always a scam
2007-11-24 06:13:07 · answer #2 · answered by country_girl 5 · 0⤊ 0⤋
This Company is a Scam please do not use it! Please go to the Web site for Wisconsin's Better Business Bureau. They are currently being investigated and do not reside at the location stated on there Web Site.
2007-11-26 11:51:01 · answer #3 · answered by Anonymous · 0⤊ 0⤋
99.99999% chance that it is a scam.
Never pay money to a lender for a personal loan! Period!
2007-11-25 10:25:55 · answer #4 · answered by Wayne Z 7 · 0⤊ 0⤋