On September 6, 2008 I received a phone call from a company by name of Creditgate Financial. The representative was Cathy Lawson and she was very professional when we spoke. She told me a little context about the company and informed that I was approved for a loan with their company- an unsecured loan. I asked her for how much and she said $8, 000.00 I told her I needed to think it over. She told me a security deposit would be required in order to obtain the loan. I told her before getting off the phone if she could look into me acquiring a refinance on my home instead of doing an unsecure loan. Ms. Lawson contacted me earlier in the week informing me that they could not do a refinance but they could get me the unsecured loan for the amount I was hoping to have if I got a refinance. THe amount was $35, 000.00. Ms. Lawson forward me the documents I reviewed them and signed them and forward back to the company. I withdrew money from my account for the security deposit I had to send in which totaled $1390.00. I was told the funds would be deposited into my savings account. Unfortunately that did not happen. A couple of days later I was told I had to send in more money to secure the loan. My gut told me I should not do it. However, I wanted the loan to pay off lingering debt and to help my family with their debt- just to catch a break from the stress and worries of bills and this failing economy! Anyway, over a week ago after sending in a total of $3645.00 I was told the funds from my loan will be in my account immediately. Again a big disappoinment. The funds were not there. I had authorize bills to be electronic withdrawn from my account, because I thought I would have the funds to cover the bills. THe back and forth and broken promises has put me through so much emotional stress the past two weeks. The outcome of what has happen was I spoke with Celeste Anderson and no results from her. I soke with a Beverly Jordan on October 2, 2008 and she told me she was going to find out what happen. The insane thing she told me when she called me back was the new lender has changed their mind and if I still want the funds from the loan I would have to send in more money! I was appauled that they would even ask me for more money! I told her I wanted to speak with the head person or the president of the company she said that would not be possible and that more than likely he is in Hawaii playing golf! I told her that this has to be a cruel joke! I demanded that my security deposits be returned. Ms. Jordan stated that will not happen for two weeks. After everything that has transpired I believe I will not see that money again. My last statements to her was Shame on her and the people that works for this company. I told her it is a disgrace that they rip innocent people off who are trying to do the right thing and get some financial relief for themselves and for their family. I informed them I will be taking LEGAL ACTION IMMEDIATELY! Do not do business with them!!! They are Frauds and they are terrible people!!! Kelly Moore, Chicago, Illinois-10/2/08
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