I applied for a personal loan about 3 weeks ago it was the only way iwas going to be able to move off to college. Was promised a loan with a 8% rate and payed a security deposit of 987 dollars to the "lender" because i was high risk and didn't have a co-signer.
I was told after that the loan was in process and would be in my account in 12-24 hours. NEVER CAME. "Janet Murphey" then told me that i had to pay the "taxes" on the loan before it could be deposited into my account. 685 dollars and 7 days later still yet to see the loan!..When i called and tried to talk to some kind of "supervisor" i got the run around.
Its a scam and ridiculous! Don't let them get you because in the begining They offer 3 choices..a co-signer, collaterial and security deposit. I wish i would of had another choice but my credits bad im in college and didnt have any collaterial. It sounds too good to be true and sure enough it was!