• Report: #300867

Complaint Review: North American Loan Network

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  • Submitted: Thursday, January 17, 2008
  • Last Posting: Thursday, January 17, 2008
  • Reported By:El Dorado Hills California
North American Loan Network
10201 S. 51st St. Phoenix Arizona U.S.A.

North American Loan Network ripped us off or about $1300 Phoenix Arizona


3Author 0Consumer 0Employee/Owner

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My husband and I purchased the website for $100, then were talked into $1200 worth of advertising/traffic. What we purchased was 500 hits. Nothing happened. We were also charged $9.99/month for web hosting.

We had been given a "coach" who never returned phone calls, and then whose phone had been disconnected.

I finally got a hold of somebody in customer service. I demanded a refund, which was denied. We were told to be patient. Still, nothing happened with the website...there was no traffic. We were offered more stuff...additional domain names, additional hits, and the removal of the $9.99/month.

After receiving a total of 10,000 hits to the website (5000 were from other advertising sources), we had 14 leads, all of which were sold...once. We had been told that the leads could be sold multiple times.

I sent in the paper work for a payout of $100. $129 was deducted from our account...We never saw check! I emailed customer service and was informed of a glitch with the bank. I was assured that I would receive a check in 7-10 business days. I think that was in October, 2007. It's the middle of January, 2008, and I have yet to see a check.

I emailed the company again and let them know that we would be taking legal action against them. I have not received a response.

Another northam victim
El Dorado Hills, California
U.S.A.

This report was posted on Ripoff Report on 1/17/2008 9:21:40 AM and is a permanent record located here: http://www.ripoffreport.com/home-based-business/north-american-loan/north-american-loan-network-r-ejaa9.htm. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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3Author 0Consumer 0Employee/Owner
Updates & Rebuttals

#1 Update By Author

North American Loan Network will say anything to get your money...Don't believe anything they tell you!

AUTHOR: Another northam victim - El Dorado Hills (U.S.A.)

The cost of the website, according to them was about $500, but we only had to pay $100 up front, and the balance would be slowly taken out of our "commission"....What commissions? We were told that we would make enough each month to cover the cost of the website and the cost of the advertising ($1200 for 5000 hits), charged to our credit card.

For the first couple months, we did not receive one hit. Then they said they "fixed" it. Still nothing. We requested a refund. They gave us more stuff "for free". The total generated by our website is $165. We requested a payout, but never saw a check. We got another run around about that, too.

Don't listen to anything this company tells you, it's all lies!

They're banking on P.T. Barnum's famous saying..."There's a sucker born every minute." Don't be a sucker, stay far away from this scam.
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#2 Update By Author

North American Loan Network will say anything to get your money...Don't believe anything they tell you!

AUTHOR: Another northam victim - El Dorado Hills (U.S.A.)

These people are so slick. They make this business sound so legitimate.

My husband and I purchased a website from North American Loan Network for $100. The actual cost of the website was about $500, but we were told that we only had to come up with $100 up front, and the balance to be taken out slowly from out commissions, What commissions? Then we were talked into $1200 worth of advertising/traffic. What we purchased was 5000 hits. Nothing happened. We were also charged $9.99/month for web hosting. We had been given a "coach" who never returned phone calls, and then whose phone had been disconnected.

I finally got a hold of somebody in customer service. I demanded a refund, which was denied. We were told to be patient. Still, nothing happened with the website...there was no traffic. We were offered more stuff...additional domain names, additional hits, and the removal of the $9.99/month. After receiving a total of 10,000 hits to the website (5000 were from other advertising sources), we had 14 leads, all of which were sold...once. We had been told that the leads could be sold multiple times.

The total generated by the website is $165. We requested a payout, but have yet to receive a check.

P.T. Barnum said,"There's a sucker born every minute." That's what this company is banking on...that we're all suckers. Don't be suckered by this company. They will say anything to get your money.
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