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Report: #1033412

Complaint Review: Freedom Financial - Toronto Ontario

  • Submitted:
  • Updated:
  • Reported By: columbus Ohio
  • Author Confirmed What's this?
  • Why?
  • Freedom Financial 364 Lakeshore West Blvd Suite 224 Toronto, Ontario U.S.A.
  • Phone: 647-722-8005
  • Web:
  • Category: Loans

Freedom Financial Or Freedom Financial And Trust Or Freedom Financial Credit Union Debt Consolidation and Bad Credit Loans Toronto Ontario Canada

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I contacted Freedom Financial regarding a loan, on the internet it states the loan is guaranteed regardless of credit. I should have known right away that nothing is guaranteed, unless it comes with a warranty, but anyway. I applied with this company 1/07 I did not hear anything back until 3/07, when one of the reps called me to say I was approved for a $5000 debt consolidation loan. (the catch)

I was told there were 3 ways to obtain these funds. 1. If I had any real property I could use for collateral, 2. If I had a co-signer whos' credit score was 700-1000 or 3. If I could put up 4 payments in advance which totalled $958.00 and this would be collateral that would keep me from making a payment until 7/07.

Of course because of my financial need I agreed to option 3 and was set to go. I was asked to send a copy of drivers license,ssn card, and paycheck stubs,(which I did)in turn I was sent a 10 page contract, stating all the terms.

Something though did not seem right about all of this, so I began general searches on this company that turned up nothing. For instance I could never verify anything about them. Not the address, phone #, not even a profile of the Canadian BBB. I also checked every Canadian business resource I could find but also no avail. I even found businesses on Lakeshore Blvd that also could not verify this business.

To conclude I decided with my better judgement not the be involved any further with the scam so no, I did not lose any money, but the fact that this company preyed on me made me pretty angry so I decided to make others aware of this. P.S. check out the entries on Brisko Investments on this site. (SOUND FAMILIAR)

Latrice
columbus, Ohio
U.S.A.

This report was posted on Ripoff Report on 03/22/2007 08:03 AM and is a permanent record located here: https://www.ripoffreport.com/reports/freedom-financial/toronto-ontario-l7n2e9/freedom-financial-or-freedom-financial-and-trust-or-freedom-financial-credit-union-debt-co-1033412. 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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