ED Magedson – Founder
Elite Cash WireBrooklyn, New York USA
Elite Cash Wire Company told me I was approved for a loan. Then was told I needed to purchase a Green Dot Money Pak card & load a $150. Call & give them a # from the card after that then was toldI needed to pay taxes on the money to show the govt I could repay the $. Told to cancel loan app. because I was not told all of this even when I asked multiple questions. Now told I will not receive my $ money back. Neede the money for medications because I do not have health insurance. Brooklyn New York
I was under a great deal of stress due to my financial and living situation. I had lost my apartment and was staying with afriend temporarily, now I need to move and I have no where to go. Plus I do not have health insurance and I take quite a few medications daily and some are very expensive. Due to the fact I needed a loan I went online to try an obtain a loan.to carry me over.
Elite Cash Wire approved the loan and then told me I needed to purchase a Green Dot Money Pak Card and load $150.00 dollars on it, then call them and give them the number on the back of the card. After doing that I was told they needed more money to provve that I could repay the loan and that was government rules. So I told them to cancel the loan and to send me a refund. Now I'm told I will not receive a refund something that has to do with the government.
Same thing with Prosperity Bank in Texas. Told to purchase a My Vanilla Visa card and load $40.00 dollars on it. Did that same process with them calling in the numbers, then was told I needed to purchase a Green Dot card and load $160.00 on it then was told I needed to give them more money for taxes which had to be paid upfront. Requested the loan to be cancelled and refund my $200.00. They are not returning my phone calls and I have left numerous messages.
Their info is Prosperity Bank in Texas--phone number 1-806-494-5451.
I can't tell you how embarrassed and ashamed I'm feeling. Never thought any of this would happen to me. Espcially my financiall and being homeless. Plus this money I used I had to borrow and I'm not able to pay it back. That's why people don't want to lend money, By people I mean friends.
This report was posted on Ripoff Report on 10/15/2013 01:24 PM and is a permanent record located here: http://www.ripoffreport.com/reports/elite-cash-wire/brooklyn-new-york-10026/elite-cash-wire-company-told-me-i-was-approved-for-a-loan-then-was-told-i-needed-to-purc-1092125. 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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