I went on the internet looking for a loan to consolidate bills and work on my house a little bit with what was left. I found a website for Royal Finance Group and filled out the application.
I was contacted a few days later via e-mail stating that I had been approved and listed a number to call and the name of the person I would be contacting.
I called this number the following day and spoke to a man by the name of Peter Lanker and he told me that I was approved for the requested amount but due to my credit situation I would have to pay the insurance payment upfront in order to get the loan and that after I paid that I would have the loan within 6-12 hours.
He said I had 2 options for paying the insurance payment of $985. I could either pay it in 1 lump sum or pay my first 3 payments on the loan and then get the loan after my 3rd payment. So I opted to pay the full amount via Western Union to Patrick Hyatt.
After I told Peter Lanker that I would be paying the full amount he e-mailed me a contract to look over and sign. This contract stated that after I paid the $985 I would get the loan within 6-12 hours and after 3 months of paying my payment on time I would get the $985 back.
I sent the $985 Western Union to Patrick Hyatt after signing and returning the contract. I then get a call from Peter Lanker the following Monday, since this was done on a Friday, stating that I would have to pay the closing costs of $3500 in order to get the loan.
I told Peter Lanker that it was impossible for me to pay that amount of money and that I wanted a refund of the $985. He stated it would take 10-15 days to get my refund and that he would be sending me a form via e-mail to sign to verify that I wanted to cancel my loan and everything.
I have been trying since day 1 to get ahold of Peter Lanker every single day just to be updated on the status of the refund and I have not been able to get him to answer the phone. I have left messages and sent him e-mails and still I have heard nothing.
I talked to an attorney this morning and he stated that most likely I got scammed and that I needed to contact the Attorney Generals Office. I will be calling them tomorrow to see if there is anything I can do about getting my money back because that is a large amount of money for me and it has really messed me up with my bank account.
If anyone knows how I can get my money back please let me know. Also if you want or need a loan I will tell you like my attorney told me this morning go to a real bank in your neighborhood that you can walk into and talk face to face with a real person, otherwise 99% of hte time it is a scam.