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Lcriner · Aug 28, 2013, 07:13 PM

I am trying to get a consolidation loan, and thia company email me and said I was approved for 20000 loan. I want to know if this company is legit. Thanks

>Email address removed per site rules.<

N0help4u · Aug 28, 2013, 07:16 PM

I doubt it, but if it is they probably charge really high rates

odinn7 · Aug 28, 2013, 07:37 PM

Not sure that I would trust a financing company based in Jamaica. The fact that you're asking about it means you have your doubts as well.

N0help4u · Aug 28, 2013, 07:58 PM

I looked up jamacian loan scams. It says do not trust any 876 phone number.

Fr_Chuck · Aug 28, 2013, 11:34 PM

No company is going to loan someone in debt trouble that much, without it being backed by property or something.

If it is too good, it is. How much is the fee for the loan ?

Lcriner · Aug 29, 2013, 11:36 PM

They ask for me for 3 different options. A home or car that is paid for,3 payments of the loan upfront to keep in escrow until the loan is paid in full,or an insurance policy for accident or out of work policy, They said I should get funding in about 4 hrs after the process?

pondering2 · Aug 30, 2013, 12:19 PM

Oh... guess what? I did that and chose option, 2? And I got an email from a surety company saying they would issue funds on behalf of Max rapid if they renig on binding contract. Max Rapid is now giving me the runaround on my loan.. They guarantee with in 24 hours and now it has been 3 days and I get a call saying the lender found a discrepency in my credit and they took the loan away.? I ask why? As I have a binding contract that was signed with Max Rapid, guranteeing the funds with 24 hours.
So, the contract is different than what they say verbally.. and I got a call today... so, I may be s.o.l... for 3 payments! If this company is a fraud!
I email the surety company to collect... no answer back yet!
Don't do it if you ask me... at this point, I feel I lost that fund...
:(
My next step?
Report to who? Complain to who? Do what? To inform public?

odinn7 · Aug 30, 2013, 01:13 PM

Sounds like they are a scam. Offer you the loan, take your payments up front, then they can't deliver on the loan.

And you're right... being in Jamaica, there is nobody you can complain to at all and pretty much no way to recover your loss.

owenj · Aug 30, 2013, 01:30 PM

That's weird, I secured a $7,000 loan on Monday and I received it on Wednesday. Did they tell you what the issue was why you have not received your loan amount?

Wondergirl · Aug 30, 2013, 01:31 PM

Originally Posted by owenj

Thats weird, i secured a $7,000 loan on monday and i received it on wednesday. Did they tell you what the issue was why u have not received your loan amount?

What's the interest rate for repayment?

odinn7 · Aug 30, 2013, 01:35 PM

Originally Posted by owenj

Thats weird, i secured a $7,000 loan on monday and i received it on wednesday. Did they tell you what the issue was why u have not received your loan amount?

... And what made you decide to search for this and then sign up here to tell us that?

I mean, the others had complaints so I could see them searching for other complaints and finding us. If you were happy, what made you search it out now?

N0help4u · Aug 30, 2013, 01:36 PM

When I was looking this up as a potential scam it said it is illegal to borrow money from Jamaican loan companies. Not sure if that is accurate but I wouldn't trust them.

owenj · Aug 30, 2013, 01:39 PM

Originally Posted by Wondergirl

What's the interest rate for repayment?

My interest rate is 11%.

owenj · Aug 30, 2013, 01:45 PM

Originally Posted by odinn7

...And what made you decide to search for this and then sign up here to tell us that?

I mean, the others had complaints so I could see them searching for other complaints and finding us. If you were happy, what made you search it out now?

I searched for this because I referred my friend and she found this and showed it to me so I'm confused because I received my loan from them.

odinn7 · Aug 30, 2013, 01:54 PM

Originally Posted by owenj

I searched for this because i referred my friend and she found this and showed it to me so im confused because i received my loan from them.

You work for them, don't you? You're from Jamaica, right? And you work there and you're here to tell us how great they are so people will do this scam... come on, tell us the truth now.

N0help4u · Aug 30, 2013, 02:40 PM

Well a moderator mightt be able to tell if he is from Janacia and trying to advertise

Wondergirl · Aug 30, 2013, 02:46 PM

Originally Posted by N0help4u

Well a moderator mightt be able to tell if he is from Janacia and trying to advertise

No actual advertising yet -- just rah rah-ing.

odinn7 · Aug 30, 2013, 06:41 PM

Originally Posted by N0help4u

Well a moderator mightt be able to tell if he is from Janacia and trying to advertise

I know what you're saying but I don't need a mod to tell me he's working for them. It's entirely too obvious.

He came on here saying how great the company is... then he had some lame reason as to why he found this thread... to finish it off, I threw it out there and he hasn't been back to tell me I am wrong... because he can't tell me I'm wrong.

Too many scammers and spammers do this type of thing and they are not very good at it.

owenj · Sep 2, 2013, 08:24 AM

Look I have no time to be joking around on this you have time to waste. I applied for a loan and got it. I referred my friend and she got nervous and showed me this. Stop arguing with me go argue with them.

Wondergirl · Sep 2, 2013, 08:40 AM

Originally Posted by owenj

look i have no time to be joking around on this u have time to waste. i applied for a loan and got it. i referred my friend and she got nervous and showed me this. stop arguing with me go argue with them.

What's your general location?