• Report: #211997

Complaint Review: Lighthouse Financial Group

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  • Submitted: Wed, September 20, 2006
  • Updated: Fri, September 29, 2006

  • Reported By:Danbury Connecticut
Lighthouse Financial Group
Internet Canada
  • Phone: 866-812-6678
  • Web:
  • Category: Loans

Lighthouse Financial Group Ripoff fraud loan insurance instead of collateral no loan but takes money Internet

*Consumer Comment: Lighthouse Financial Group - trying to do more business

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I was looking on the net for a personal loan. I got a call at my place of business, telling me I got a loan. I could use either, collateral, co-signer or insurance. I chose insurance. Not wanting to use my business as collateral. They explain they are located in Cedar Rapids, Ia., but the insurance company is located in Canada. That is why their rates are cheaper. I got a loan agreement faxed to me. I even had my banker, a mortgage broker & a lawyer look over the contract before I did anything. THough my lawyer was a bit learie. We could not find anything bad about this company. So I wired 2, 500 off to British Columbia , Ca. They called me explained they received it. Took my account number so they can wire the money in my account in 24 hours. Needless to say, I never got it. I left numerous messages, not a response.

I even got a call form a man in Cedar Rapids, the address they had the "Legal loan Agreement" was this gentlemans business. Which is Lighthouse enterprises. No relation. Unfortunately, he had gotten back to me to late. i had already sent the money. Apparently, he has gotten numerous calls from others that were in the same situation.

Danbury, Connecticut

This report was posted on Ripoff Report on 09/20/2006 03:09 PM and is a permanent record located here: http://www.ripoffreport.com/r/Lighthouse-Financial-Group/internet/Lighthouse-Financial-Group-Ripoff-fraud-loan-insurance-instead-of-collateral-no-loan-but-t-211997. 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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#1 Consumer Comment

Lighthouse Financial Group - trying to do more business

AUTHOR: Cecile - (U.S.A.)

Thanks to you Michele, I spared myself from this scam.

I received the same call and offer. At first, I thought it was a great deal, especially since I needed a loan and I have no potential co-signer. But then I realized it was too good to be true, so I did my research on them. I could not find anything at first until I came across your report.

There has to be a way to stop these people from their unscrupulous business particularly since they are victimizing people who are already in dire financial need.
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