ED Magedson – Founder
GE Capital Bank I was contacted by someone saying that I was approved for a loan up to $5,000,but due to a low credit score I would have to show that I could make the 1st mth pymt of $160. I was told to load the money on a greendot moneypak after 1 hr I would be contacted and they would wire $2,000 plus the$160 to my acct. After the hour passed they told me I would get my loan after I paid $240 for insurance to secure the loan in case I didn`t pay back after I refused to pay any more they said I would lose my $160 and there are no refunds. Tampa Florida
I was contacted by a man saying he was from GE Capital Bank and I was approved for a loan up to $5,000. I told him I only needed $2,000 he said in order to get the loan I would have to show that I could pay the first installment payment of $160 by greendot moneypak. After doing so he said the $2,000 plus my $160 would be wired to my account within 1 hour. After the hour he said I would need to pay an additional $240 for insurance to secure the loan in case I didn`t pay it back the insurance would cover it. I refused to pay anymore money he said I would lose my $160 and forfeit the loan because there are no refunds.
This report was posted on Ripoff Report on 11/24/2013 10:31 PM and is a permanent record located here: http://www.ripoffreport.com/reports/ge-capital-bank/tampa-florida/ge-capital-bank-i-was-contacted-by-someone-saying-that-i-was-approved-for-a-loan-up-to-5-1101935. 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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