GE Capital Bank Michael Davis I received a text saying I was approved for up to 10,000.00 loan from GE Capital Bank New York Nationwide

 I went online to apply for a loan to help make ends meet till I got my first pay check as I had been unemployed for about a month. I received a text from GE Capital Bank saying they had approved me for up to $10,000.00 loan. I was excited as I had been turned down by everyone up till that point. I called them and was informed that I was approved for a loan from $2,000.00 to $10,000.00 and the loan could be deposited into my checking account within 15 mins to 1 hour. I told the I wanted the $2,000.00 loan. The person speaking with me said his name was Michael Davis but he had an extremely thick Farsi (Indian) accent and I could barely understand him. He told me my credit score and asked for the reason it was where it was. I said it was because I had owed taxes. He said because of the score I would need to show at least one month of payment which would be $225.00. I said I didn't have that in my account and he said I would just need it to show on a voucher or debit card. I said I could get it but wanted to know if it was for a payment. He assured me that it wouldn't be coming out of my account and it was only to verify that I could afford the payments. So I borrowed the money from a friend, promising him to put it back into his account the next day as all I needed it for was to show I could pay the payments. I got a call the next day from them saying that I had been approved for a loan up to $10,000.00.

I thought that was odd that after talking the day before with the same person that they would call as if I hadn't started the loan process. Well, I called him the next day after and told him I could verify the funds now. He had me go into a Walgreens and get an ITunes card and put the $225.00 on it and when I said about how he told me the money wouldn't be coming out of my account he said it wasn't and I could get the money back off the card and put it into my account that they couldn't verify with the bank. Now the first day I was talking to them, they had me verify after I said I was intetested in the loan my SSN, bank routing and account number, my employer, my address-they had all this information without me giving it to them. I asked where they got it from and they said LendingTree. So I couldn't understand why nor could I understand why a bank would want you to get an ITunes card but I got it anyway thinking I could still have it to cash out if things didn't go right. I called him back and gave him the number off the back then he wanted a picture sent via email of the back of the card. The email was a gmail account and it occured to me that it was a gmail account after I emailed it to him. Then he said he would call me back in about 15mins but it didn't take that long when he called back and said the money was in a holding account of the State Government and I needed to pay a $300.00 wire transfer fees. That the recipient had to pay this fee.

When I questioned why, I was told it was because I lived in another state and NY wouldn't allow it under the new obama banking rules. They wanted the money again on an ITunes card. That was it. I called back to ask how to get my $225.00 back that they assured me wouldn't be used for anything and he kept saying that I would get the refund when I closed the loan that $2,225.00 would be deposited into my account. I asked about the $300.00 that I was just told about after being told that all that was needed was $225.00. He kept saying over and over again it would be in the deposit. I asked how did they have the whole amount ready right now in some holding account. He just kept saying it will be refuned in the loan that I would only get the refund in the loan. I asked then if I decided not to get the loan how would I get the money back and he went in again saying it'll be in the deposited money. I told him to give me something right now, confimation number name of the holding bank, etc and he went back saying the funds were ready to be deposited. He got angry and said he would cancel the loan and I wouldn't get anything in refund because I didn't get the loan. I said ok let me see what I can do but he said that he would stay on the line with me till I get the money and the card and if I hang up he would cancel the loan. I told him I was on my cell and I could drop him and he said for me to call him back in one hour or he would cancel the loan. I did some more research and went with how I had been feeling about this all along.

Paperwork mailed to be signed after the lon proceeds paid out, verification on ITunes card, an american name for an Indian, super low intetest rate for low credit score, no straight answers, Michael repeatedly saying I had to trust him, all red flags. I decided to chuck it up to I was scammed but wasn't going to give them more. I already felt so horrible that I borrowed money from a friend with the promise of giving it right back to him. Felt worse about that than the fact I fell for a scam. I called to say I didn't want the loan. I was given an extension of 212 to use when I call so I asked for extension 218 and it was Michael who answered the phone and he said that I had the correct extension. I asked for their address and he said it was on the papers that I would get later and I asked why couldn't he just give it to me. He took a while then started to give me the address I've got listed here and it took him a long time, felt like he was making it up and I then told him I didn't want the loan and I would expect my $225.00 in the next 3 months. He said he would keep the loan open for a week ( this is after he threatened to cancel the loan) but if I don't take it I wouldn't be able to get another loan from them for the next 6 months. I said that would be fine. He then told me it could take up to 5-6 months to get me my refund and I asked why couldn't they just put it on a prepaid visa or something like they had me do and he hung up the phone. I'm closing my checking account tomorrow. I'm really not expecting to get my $225.00 back but if there's a class action suit I'm there! It would appear LendingTree is doing business (either knowingly or unknowingly) with a loan scam or they've been hacked. I'm signing up for lifeloc as soon as I can afford it as they have my SSN, address, work, name. Don't give them anything.