I was surfing the internet for personal loan options for people with bad credit. I received a phone call from this gentleman where he insured that he can get me approved for a $5000 loan at only 6% interest. I would make a secured payment of $332 via moneygram to a 3rd party lender in Canada and within 1 buisness day the funds would be in my bank account. He faxed me the documents to review. I looked them over and called him back and based on the terms figured I could afford a larger loan. After about a week. He faxed me new loan documents for a $7500 loan which then required a $1332 payment via Moneygram to be made to this 3rd party lender. When I asked for the details. All Mr. Blackburn said was that his accounts receivable clerk will give me the details and for privacy issues they will not disclose to me the name of the lender that I am sending the money to. He said If I felt more comfortable I can make the payment directly to Bellwood and the loan process would then take 7-10 buisness days to complete. I still felt uneasy. He then said that he has been back and forth on the phone with me for a few weeks and if he were out to scam me, he would not have wasted this much time on it. He then went on to say that he has this same conversation with others in my situation 2-3 times a week. I have lost sleep over this. I honestly thought I would get caught up on my bills. By the grace of God, I went by my gut instinct and did not send this guy my hard earned money. Had I went through with this, Me and my 2 and 3 year old children would be on the street with an eviction on our door. I wish the police can investigate what these people are doing. Especially the way the economy is today, there are alot of us out there looking for some help. We don't need scum out there lurking in the corners. Please help!
Stella
Gainesville, Florida
U.S.A.