On Monday June 1, 2009, I received an email from Laura Greene stating that I was approved for a $10, 000 loan. To my surprise that this was from a Credit union. I even asked questions such as "Are there any other fees asscoaited with this loan? " The response I received was "NO"
Once I paid the insurance fee of $635.00, the loan was to deposited to my bank within six (6) hours. I was not shock to find out that the money was not deposited to my account. Somehting told me to call Allstate to find out what was the problem? It comes to f9ind out that my account was placed on hold because Allstate Credit Union did NOT dosclosed the fact that I needed to send them additional money in roder for them to receive the loan.
My advice to all people who want a loan. If an announcement comes to you and stated that you're been apporved for a oan. Pleas edo not fall for it. 99% out of 100, if you have BAD CREDIT, you're going to pay some type of an insurance in order to secure the loan. If the company has NOT disclosed all of the details, then, you must take action. Do whatever it takes to put these guys out of business. Allstate Credit Union has made a living ajnd earned a reputation of bulking people out of thousands and millions of dollare in order to secure a loan.
Just because a person has bad credit, inthe past, does not mean that the persoon shouild be left out in the cold. Somehting must be done in order to make sure that all financing companies disclosed all infomration about loan terms and conditions. Make sure you ask questions because employees like the ones here at Allstate Credit Union are eager and do wahtever it takes to get your money.