Express Financial Institute, Bill Curtis, Patricia Sharp, Paul Mazerall, George Schobel Stole $1478.83 when I was trying to borrow money to consolidate bills for me and my 6 children, ripoff Jersey City, New Jersey And Maple, Ontario Canada

I was looking online to find a company that would finance someone with bad credit, me, so that I could consolidate bills. I was contacted by Bill Curtis from Express Financial Institute, or so that is the name he gave me.

He said that I was approved to borrow $10,000.00. He explained to me because of my poor credit I would have to pay the first four payments upfront like an insurance policy to secure the loan, and that after making my first two payments it would be applied to my loan. He faxed me a letter with the term agreement and how much my payments would be for four years.

The letter said that for four years my payments would be $239.10 per month at 7%fixed interest rate. They said once they receive my insurance premium totaling $1,379.84, that my loan amount of $10,000.00 would be issued within 24-72 hours. They also asked for me to fax them a copy of my drivers license, check stub and verification of my mailing address. This letter was signed by Patricia Sharp, Customer Relations Group Manager, 11-13-06.

A loan disclosure was sent with the faxed letter and at the bottom of it there was a copyright 1997 Express Financial Institute Inc. Express Financial Institute is a registered trademark. All rights reserved. Broker's License #MB7169.

I called after faxing all the information they requested. He gave me the following information to western union the money. I questioned him when he gave me a Maple, Ontario Canada address;He said that was where their headquarters was located. He gave me the following information.

He said to use a green and white form. The receiver name was Tesson Corlett; 95 John St. Maple, Ontario; International Canada. Mr. Curtis told me that the loan should be completed by 6 p.m. He said the money would be deposited by 6:30 p.m. He also failed to tell me that it would cost $98.99 to send this. The total I am out is $1478.83.

I had to borrow the $1478.83 from my disabled mother and promised to pay her back as soon as I got the money which I thought would be in a couple of days.

I called Mr. Curtis at 7:00 and he said that it would probably be in my account by the next morning. I called the next day and he said that it should be in there. I called my bank and they did not have a deposit pending so I called Mr. Curtis back and he then informed me that I would have to send another $600.00 for a broker fee.

I asked him why didn't he tell me that before, he said he didn't know that I would have to pay that amount. I explained to him that I could not get another $600.00 and that I had to borrow the other money from my mother. I told him this sounded like a scam and he assured me that they were not a scam.

I told him that I couldn't send anymore money and that I wanted my money back. He tried to talk me into sending the other $600.00 saying that as soon as they received that I would then get my money. I told him I couldn't and I wanted my money back.

He then said okay and I asked how was they going to send it to me. He said that they would have to send me a check. He then told me that it would be written on Dec. 8, 2006. That was almost 3 weeks out after the initial request was made.

I told him that I hope he was not scamming me and he said that he wasn't. I told him that I needed to give that money back to my mom. He assured me that I would get the money back. I called on Dec. 8, 2006 and asked if the check had been written he said that it had and I also asked for a phone number to their main office in Canada but he said they could not give that out.

Today is January 9, 2007 and I still haven't been refunded my money. I have called several times and I get the same response. The last time I called was Jan. 8, 2007 and could not get through, there was some kind of recording about the line being out.

Tonya
Smithville, Tennessee
U.S.A.