I was looking on the net for a personal loan. I got a call at my place of business, telling me I got a loan. I could use either, collateral, co-signer or insurance. I chose insurance. Not wanting to use my business as collateral. They explain they are located in Cedar Rapids, Ia., but the insurance company is located in Canada. That is why their rates are cheaper. I got a loan agreement faxed to me. I even had my banker, a mortgage broker & a lawyer look over the contract before I did anything. THough my lawyer was a bit learie. We could not find anything bad about this company. So I wired 2, 500 off to British Columbia, Ca. They called me explained they received it. Took my account number so they can wire the money in my account in 24 hours. Needless to say, I never got it. I left numerous messages, not a response.
I even got a call form a man in Cedar Rapids, the address they had the "Legal loan Agreement" was this gentlemans business. Which is Lighthouse enterprises. No relation. Unfortunately, he had gotten back to me to late. i had already sent the money. Apparently, he has gotten numerous calls from others that were in the same situation.