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Report: #469506

Complaint Review: Cedarview Lending - Cambridge Massachusetts

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  • Reported By: Fredericksburg Virginia
  • Author Confirmed What's this?
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  • Cedarview Lending 485 Massachusetts Ave Cambridge, Massachusetts U.S.A.

Cedarview Lending Personal loan rip-off first year of payment for bad credit Cambridge Massachusetts

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I filled out a web application at loanunion.net { be aware of that site } and I got a call from Victoria King that I was approved for a $5000 loan. She sent me a contract and everything seemed to be legit. I sign the contract and she explained to me that since me credit was not good that the company asked for a 6 month payment. She explained that is a new item since the economy was bad. I believed everything that she said. I sent the money via money gram and thought that everything was good.

Then the next day I got a call from customer service and told me that they did a revision on the contract and I needed an additional amount and the loan would be approved. I really needed the money and had made arrangements on paying bills since the next day, I would have 5,000 in my account. It was doing a holiday weekend, so the money would have been into my account by that monday. On monday, I checked my account and saw that the money wasn't in my account. I called and talked to a Tim Phillips.

He informed me that the bank didn't release the money and that we { the company and I } was going to file a settlement to sue the bank. Needless to say that since doing all of this I see this website and others that Cedarview Lending is a scam. I checked the BBB website and they had nothing on them. They had a legitmate website that I was on. As of today, 7-14-2009, the phone number doesn't work, and the website is down.
I am ready to stop these people who have done this to me and others... I am willing to do whatever it takes to stop this madness..........

Mr. zee
Fredericksburg, Virginia
U.S.A.

This report was posted on Ripoff Report on 07/14/2009 09:37 AM and is a permanent record located here: https://www.ripoffreport.com/reports/cedarview-lending/cambridge-massachusetts-02139-4018/cedarview-lending-personal-loan-rip-off-first-year-of-payment-for-bad-credit-cambridge-mas-469506. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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