I Was Violated By an Internet Installment Loan Company...and I helped Them Do It!!!!

Pace21 By Pace21, 21st Dec 2013 | Follow this author | RSS Feed | Short URL http://nut.bz/3l9xqcu4/
Posted in Wikinut>Money>Loans

This is a personal story about how I was violated by a loan company that ended up taking all my money that I had saved for Christmas and how I was too simple minded to believe someone giving me their word might actually lie to me. I thought that given the season, then later separated from my sanity, I assisted in the fleecing of my bank account. This is a cautionary tale for anyone seeking a quick fix to financial problems.

It Began Innocently Enough.

I am going to share something with you that is very embarrassing and makes me look like a complete idiot. Some of you may ask yourselves how I could allow myself to get so far beyond reason and common sense. It’s something as an observer, you would think that perhaps I had lost my mind or you might think that I really have no grip on reality. Maybe you are right. I can tell you this, I was desperate and I believed the gentlemen on the phone that their word was something I could count on and rely upon. The last thing I did was beyond reason and I knew that going into it, but I really needed that money to buy Christmas presents and buy Christmas dinner, but I figured I had gone that far past, maybe these men would see the light and in the spirit of the season they would make the loan. As it is I now have to explain to my family that I gave away their Christmas and we will just have to wait until after Christmas to get presents. Thankfully my family celebrates Christmas for the real reason and not for the gift exchanging. They will be disappointed but they will understand that I was trying to do what was best.

A Trip Through the Loan Department Rabbit Hole

So what is it I did that was so imbecilic? Well let me start from the beginning. I have, on a couple of occasions, taken out payday loans that were small but very helpful at the time. The companies I used were reputable and I paid the loan and interest off on time. So I decided to try an installment loan. You may have seen the advertisements that offer loans from $300 to $10k. Credit isn’t an issue, good repayment terms. I chose one that promised that you wouldn’t have to pay anything up front. That is how most of these companies get you; they say we will give you “x” amount for “y” terms if you can show that you can make the first payment. Mine was $200 and they insisted it be sent on a Moneypak credit card. I did it and gave them the number. The assured me this money would be refunded or incorporated into the loan so it wasn’t a loss. So my loan went from $5000.00 $5200.00. Later that afternoon they called me and informed me that there was an issue with the loan and they would need an additional $235.00 for processing the loan and some fees. I reminded them that their advertisement said no upfront payments and that is why I signed up. They told me the fees would be refunded except for $110.00. I asked why they couldn’t use the $200.00 payment that I had already given them and the said my payment was on hold until the loan was issued. At this point I begin to get suspicious, but I continue on because now I have used the money I had saved for presents for my family, so I now need this loan to go through.

Hello Delusions of Grandeur...Goodbye Logic and Common Sense

I expect to have the money deposited by the next business day and I have gotten the loan officer to guarantee me and on his word, the loan will be deposited. So imagine my stomach and the pit that has suddenly developed in it, when I look at my balance on my checking account and it is unchanged from the day before. Needless to say, I was chagrined. I was panicked and I immediately called my loan officer. He explained that we needed that ABA routing number for wire transfers. I breathed a sigh of relief and called my bank and got the new routing number. But guess what? The lender needed another fee because their bank will charge a wire transfer fee of $270.00 and I need to pay $150.00 of this fee. I was outraged. I was completely inconsolable and demanded that they cancel my loan and refund my money immediately. The gentleman decided this was a good time to inform me that if I cancelled the loan, I wouldn’t get my money refunded for 30 days. Well past the time for the money to do me any good. Understand at this point, all reason, logic and intelligence went out the window. I have become a desperate man and I need to find a remedy to this situation soon. I really have no more money so I have to do the worst thing I could have done in this scenario. I borrowed my wife’s Christmas money. She lends it to me with the promise that I will pay it back the next day. I still have faith in this man’s word that the money will be deposited as soon as I get them the Moneypak number.

The Worst is Still Coming

If you’re keeping track, I am now into this deal $585.00. Most of it Christmas joy for my family. I even have a manager make me the same promise and guarantee. At this point I think it’s necessary that you know the race of people I am dealing with. This is a call center in India, or this is a call center in Salt lake City, UT. And the employee’s are all Indian. I do not have anything against Indians as a people and I actually place trust in their words because of karma. I figured they believe what comes around goes around, so they wouldn’t really mislead me. Another issue is that they are difficult for me to understand at times and that break in the communication process caused some issues at this time.

This Isn't Going to End Well

The next morning I wake up in a great mood and go to check my balance and it is exactly the same as it was before. I am livid. I cannot truly explain the emotion I experienced. The shame, the guilt, the rage, the murderous indignation, rolled out of my mouth, thoughts and psyche like Niagara Falls during spring melt. I was gone, psychologically. I had broken my grasp of reality and was ready to do violence. Thankfully, I called and the loan officer made it worse. He immediately put me on with a manager who explained, for some unknown reason, the wire transfer did not go through. He explained that they were unable to transfer the money and that is why it had not come. Now if I would be willing to pay $90.00 I could get the money through Western Union. I had his word and promise that it would get to me, no matter what. As I explained, I had no money left and no means of getting any. I explained how I trusted them and believed them and how everything I had was tied up in this process. The process where I don’t have to pay up front for anything. I explained that he needed to use the $150.00 that I paid for the wire transfer and that they could use the $90.00 required for the Western Union and they could keep the rest; I just wanted the $5000.00. I didn’t care what they did with the other money. He explained that the money was paid to the bank and they wouldn’t refund it for 10 days so it was impossible to pay for the Western Union with the wire transfer money. I exploded completely. I honestly would have caused harm to someone had they been around me at this time. So I’m glad he wasn’t there.

All is Lost, Including My Faith in Humanity

To finish my story, it is not a happy ending by the way. I got my in-laws Christmas gift early and it happened to be $100.00. Now please don’t judge me at this point. I had truly lost my mind and desperation was my only thought. I had to find a way to get that money. The present came, before I could use logic or common sense, I got another Moneypak and called it in. That was Thursday, The manager assured me with every holy oath and promise he could summon that I would get the money. So all day Friday I called him and he would not take my call. They have some way of turning their phone off to me and I had to literally call 136 times to try to get answers. Finally, at 3:20 pm, I spoke with a gentleman that gave me the MCTN for Western Union. This number is assigned when a deposit is made and the money is waiting. I checked the MCTN number on the internet and surprise, surprise, no money. They said that the transaction was cancelled. The gentleman I talked to said the manager would need one more day. He felt horrible for making a promise and not being able to deliver. He said if I call tomorrow, he would have an answer for me. I am not holding my breath. I have come back to my senses and if this isn’t resolved then I will contact the FCC, BBB, FBI, Salt Lake Sheriff’s Department and any other crime fighters. I believe that I have been robbed and the theft is over $500.00 so it is grand larceny. I don’t know if this will work, but I am going to press charges and do everything in my power to bring these folks to justice.
I’m sure you are saying that I was a willing participant in the crime, but I was acting in good faith that I would receive something in return for all the money I spent. I was under the impression, because of the advertisement and the word of the loan officer, that I would receive the money and that I would begin to repay the loan the next month. You may call me gullible or simple, but I really believed this was legitimate and that I would get the money I was promised. All the way to the end., now I imagine that I will not be receiving the money back for cancelling my loan and the people behind the crime are somewhere in India and are untouchable. I think these people are not afraid to pull this scheme because people are too embarrassed to seek justice and eat the loss of their money. I would have done that too, but I am not going to take it. I don’t care how embarrassed I get, I am a victim of a crime and I will pursue justice by whatever means possible. The company that duped me was called “DirectLending Solutions” others I know are criminal are “AdvanceAmerica” and “Installmentloans24” and “PlainGreen Loans”. It’s really a good idea to follow the axiom, “If it’s too good to be true, it probably is”. Any loan that asks you to pay a payment up front is going to be a scam. So don’t just leave, record their information and tell everyone you know, in a blog, forum, community or on line at the grocery store. We need to make it so these people do not get any phone calls and they are forced to shut down. We need to pursue them legally and prosecute them to the fullest extent. It has to become so uncomfortable to try to do work, that they either become legitimate or they quit the business. Thank you for sitting through this story, it feels good to get it out there.

Tags

Bad Credit Loans Online, Installment Loans, Scams And The Internet

Meet the author

author avatar Pace21
I am a training coordinator at a surface coal mine. I have loved writing since I was old enough to pick up a crayon and write.

Share this page

moderator johnnydod moderated this page.
If you have any complaints about this content, please let us know

Comments

author avatar vellur
24th Dec 2013 (#)

It is very sad that you got duped. Thank you for sharing this information with us.

Reply to this comment

author avatar Pace21
24th Dec 2013 (#)

Thank you, but as I said it is my fault, I just don't want it to happen to anyone else. Merry Christmas

Reply to this comment

author avatar Frank
28th May 2014 (#)

Are you in urgent need of a loan? If you having a loan from your bank or a financial firm are denied? You need financial assistance? Do you need a loan to pay off your bills or buy a home? Want to have your own business and you need loan help? Do you need a student loan? Contact us today for your financial aid with low interest rate of 3%. CONTACT U.S. TODAY.nederlandloancopany@gmail.com

Reply to this comment

author avatar John pack
6th Jun 2014 (#)

Do you seek funds to pay off loans and debts
Are you looking for funding to start your own business?
Are you in need of private or business loans for various purposes?
Are you looking for loans for the implementation of large projects
Do you seek funding for a number of other processes?

If any of the above problems, we can be of help to you, but wants you to understand that we are giving our loans with an interest rate of 3%. Interested persons should contact me with this detail below. My e-mail contact: ( john_funds@yahoo.com) and fill out the below information..

Amount Needed:
Duration:
Country:
Phone:

Regards,
Mr John Pack

Reply to this comment

author avatar Juan
9th Oct 2015 (#)



Juan  Jones A Sincere and certified private money lender approved by the GOVERNMENT. I give out international and local loans to all countries in the world. Amount given out $2,500 to $100,000,000 Dollars, Euro and Pounds, available now are Business, Personal, House, Travel and Student Loans. Apply for a loan today with your loan amount and duration.Its Easy and fast to get. 4% interest rates and monthly installment payments.Check-out this great offer, Please For more information contact  me on

juan.jones59@yahoo.com

Reply to this comment

author avatar Mrs. Sevdil
25th Dec 2015 (#)

Are you in need of urgent loans. Do you want to pay off your debt,
Expansion of business or personal loan, you can contact us for your fast and
Reliable loan at a low interest rate of 2.0%, and Affordable repayment plan,
with good credit conditions.
Please, contact us for more information: dedeoglu.kocar@consultant.com
Kindly write us back with the loan information;
- Loan amount needed:
- Loan Duration:
- Purpose of loan:
- City / Country:
- Telephone:
- Name of the Site:
Please, contact us for more information:
dedeoglu.kocar@consultant.com
Yours Sincerely,
Mrs. Sevdil Yildirim
dedeoglu.kocar@consultant.com

Reply to this comment

author avatar Mrs. Sevdil
25th Dec 2015 (#)

Are you in need of urgent loans. Do you want to pay off your debt,
Expansion of business or personal loan, you can contact us for your fast and
Reliable loan at a low interest rate of 2.0%, and Affordable repayment plan,
with good credit conditions.
Please, contact us for more information: dedeoglu.kocar@consultant.com
Kindly write us back with the loan information;
- Loan amount needed:
- Loan Duration:
- Purpose of loan:
- City / Country:
- Telephone:
- Name of the Site:
Please, contact us for more information:
dedeoglu.kocar@consultant.com
Yours Sincerely,
Mrs. Sevdil Yildirim
dedeoglu.kocar@consultant.com

Reply to this comment

author avatar Mrs. Sevdil
25th Dec 2015 (#)

Are you in need of urgent loans. Do you want to pay off your debt,
Expansion of business or personal loan, you can contact us for your fast and
Reliable loan at a low interest rate of 2.0%, and Affordable repayment plan,
with good credit conditions.
Please, contact us for more information: dedeoglu.kocar@consultant.com
Kindly write us back with the loan information;
- Loan amount needed:
- Loan Duration:
- Purpose of loan:
- City / Country:
- Telephone:
- Name of the Site:
Please, contact us for more information:
dedeoglu.kocar@consultant.com
Yours Sincerely,
Mrs. Sevdil Yildirim
dedeoglu.kocar@consultant.com

Reply to this comment

author avatar Mrs. Sevdil
25th Dec 2015 (#)

Are you in need of urgent loans. Do you want to pay off your debt,
Expansion of business or personal loan, you can contact us for your fast and
Reliable loan at a low interest rate of 2.0%, and Affordable repayment plan,
with good credit conditions.
Please, contact us for more information: dedeoglu.kocar@consultant.com
Kindly write us back with the loan information;
- Loan amount needed:
- Loan Duration:
- Purpose of loan:
- City / Country:
- Telephone:
- Name of the Site:
Please, contact us for more information:
dedeoglu.kocar@consultant.com
Yours Sincerely,
Mrs. Sevdil Yildirim
dedeoglu.kocar@consultant.com

Reply to this comment

author avatar Mrs. Sevdil
25th Dec 2015 (#)

Are you in need of urgent loans. Do you want to pay off your debt,
Expansion of business or personal loan, you can contact us for your fast and
Reliable loan at a low interest rate of 2.0%, and Affordable repayment plan,
with good credit conditions.
Please, contact us for more information: dedeoglu.kocar@consultant.com
Kindly write us back with the loan information;
- Loan amount needed:
- Loan Duration:
- Purpose of loan:
- City / Country:
- Telephone:
- Name of the Site:
Please, contact us for more information:
dedeoglu.kocar@consultant.com
Yours Sincerely,
Mrs. Sevdil Yildirim
dedeoglu.kocar@consultant.com

Reply to this comment

author avatar Mrs. Sevdil
25th Dec 2015 (#)

Are you in need of urgent loans. Do you want to pay off your debt,
Expansion of business or personal loan, you can contact us for your fast and
Reliable loan at a low interest rate of 2.0%, and Affordable repayment plan,
with good credit conditions.
Please, contact us for more information: dedeoglu.kocar@consultant.com
Kindly write us back with the loan information;
- Loan amount needed:
- Loan Duration:
- Purpose of loan:
- City / Country:
- Telephone:
- Name of the Site:
Please, contact us for more information:
dedeoglu.kocar@consultant.com
Yours Sincerely,
Mrs. Sevdil Yildirim
dedeoglu.kocar@consultant.com

Reply to this comment

author avatar PergoCF@gmail.com
20th Mar 2017 (#)

Affordable Loan Offer
Do You Need A Business Loan?
Interested applicants should Contact us via email: PergoCF@gmail.com
A Personal Loan? At 1.00%
Name,Amount,Country,Loan Durations,Phone, Mobile:
Please, contact us for more information: PergoCF@qualityservice.com
Interested applicants should Contact us via email: PergoCF@aol.com
Interested applicants should Contact us via email: bayport@safrica.com

===========================================================================

Do You Need A Business Loan?
Do You Need A Business Loan,Or A Personal Loan,At 1.0% If Yes? Name,Amount,Country,Loan Durations,Phone Mobile:Please, Interested applicants should Contact us via email: PergoCF@gmail.com , ( PergoCF@qualityservice.com ) , bayport@safrica.com , ( PergoCF@aol.com )

===========================================================================
Are you a business man or woman? Are you in any financial mess or Do you need funds to start up your own business? Do you need a loan to start a nice Small Scale and medium business? Do you have a low credit score and you are finding it hard to obtain capital loan from local banks and other financial institutes?. Interested applicants should Contact us via email: PergoCF@gmail.com
Interested applicants should Contact us via email: bayport@safrica.com

Our loans are well insured for maximum security is our priority, Our leading goal is to help you get the services you deserve, Our program is the quickest way to get what you need in a snap. Reduce your payments to ease the strain on your monthly expenses. Gain flexibility with which you can use for any purpose from vacations, to education, to unique purchases. Interested applicants should Contact us via email: PergoCF@gmail.com

We offer a wide range of financial services which includes: Business Planning, Commercial and Development Finance, Properties and Mortgages, Debt Consolidation Loans, Business Loans, Private loans, Home Refinancing Loans with low interest rate at 1.00% per annul for individuals, companies and corporate bodies. Get the best for your family and own your dream home as well with our General Loan scheme. Please, contact us for more information: PergoCF@qualityservice.com
Interested applicants should Contact us via email: bayport@safrica.com

WE OFFER ALL KIND OF LOANS - APPLY FOR AFFORDABLE LOANS.

Please, contact us for more information: PergoCF@qualityservice.com
Interested applicants should Contact us via email: bayport@safrica.com
Kindly write us back with the loan information;
- Complete Name:
- Loan amount needed:
- Loan Duration:
- Purpose of loan:
- City / Country:
- Telephone:
- How Did You Hear About Us:

If you are interested to get a loan then kindly write us with the loan requirement. Please, contact us for more information: PergoCF@qualityservice.com
Yours Sincerely,
Mrs. Ceren Kelly
PergoCF@gmail.com
PergoCF@qualityservice.com

We look forward to hear from you ASAP

Interested applicants should Contact us via email: PergoCF@aol.com
Interested applicants should Contact us via email: bayport@safrica.com

===========================================================================

Do you need Financial Assistance?
Do you seek funds to pay off credits and debts?
We give out loan with an Interest rate of 1.00%

Please, contact us for more information: PergoCF@gmail.com
Interested applicants should Contact us via email: bayport@safrica.com
Kindly write us back with the loan information;
- Complete Name:
- Loan amount needed:
- Loan Duration:
- Purpose of loan:
- City / Country:
- Telephone:
- How Did You Hear About Us:

Please, contact us for more information: PergoCF@qualityservice.com
Interested applicants should Contact us via email: bayport@safrica.com
Yours Sincerely,
Mrs. Ceren Kelly
PergoCF@aol.com
We look forward to hear from you ASAP.
===========================================================================

Reply to this comment

Add a comment
Username
Can't login?
Password