ABELMAN LENDING GROUP TOOK MY MONEY San Jose California Internet

 I was contacted by Tanya Schwartz on both my cell and work phone to let me know I have qualified for a loan of $5000. Terms were $150/month 36 months at 8%. Due to my bad credit I could either get a consigner with a credit score of over 720, pay $1K to insure the loan that I would get back at the end of the loan or make 3 months payment ahead on the loan as "collateral". I sat on this for over a week. She would call me every few days and ask if I was still interested. I REALLY needed this loan, bad. I have 3 teenagers. We just moved into an expensive rental with no savings. I live week to week like everyone else. I flat out asked her if this is a scam. She told me that's a common concern and assured me it's not. I sent her the last of my money for the collateral payment (my rent money). I told her that this is my rent money. I can't not get this back. She assured me the loan would be deposited in 24 hours.

Well the next day comes - no deposit and she's not taking my calls. She finally does get back to me and tells me the lender has decided to do an independent assessment on my loan info. And because my credit score has changed, I will have to send another 3 months of payments for collateral. At this point I have sent her all my money. I need this loan so bad to just pay my rent now. So I tell her I don't have another $450. She says she's gonna check with her accounting dept and see if they can handle the payment for me and just take it out of my loan. She calls me back and says that they can pay $150 of the next payment but I still need $300. So like an idiot I borrow it. Cuz I'm desperate at this point. I send that to her. She confirms she recd it then stops taking my calls.

The next day comes and I get a call from the "manager" who "now has my file" and is going to release the funds - David Carr. But, because my credit is so bad the insurance company now wants $1k to insure the loan anyway. I flipped out. Then he says "well we can pay 60% of that but u will need to send another $400 then we can release the funds". I lost it. I told him I want my money back. Now. He says he can process a refund but it will take 70 days. 70. I asked him how I would receive my funds and he said "that depends on you". I asked again. He said "I'm going to send this to my refund department and get back to u". Then he calls me back 20 mins later and asks if he can work over the weekend for me to try and find another lender that doesn't require a payment. I said no. Send me my money. He said I really don't want to do that - I would like to get this done for you. I told him to process my refund and went directly to my PD to report it. I haven't heard from them nor seen any money. I just get voice mails when I call.