Ripoff Report Needs Your Help!
X  |  CLOSE
Report: #337810

Complaint Review: Oakwood Lending - Miami Beach Florida

  • Submitted:
  • Updated:
  • Reported By: Morrilton Arkansas
  • Author Confirmed What's this?
  • Why?
  • Oakwood Lending 420 Lincoln Rd. Miami Beach, Florida U.S.A.

Oakwood Lending Group-Alex Beckett And Henry Morgan Promised me a loan and did not fulfill contract or refund my money. Miami Beach Florida

Show customers why they should trust your business over your competitors...

Is this
Report about YOU
listed on other sites?
Those sites steal
Ripoff Report's
content.
We can get those
removed for you!
Find out more here.
How to fix
Ripoff Report
If your business is
willing to make a
commitment to
customer satisfaction
Click here now..

On May 7th I was contacted by Alex Beckett and told I was approved for $6500.00 loan @ 6% interest for 3 years; With my credit score bad, I had to come up with 6 months paymets of $1185.00 told him I did not ahve that kind of money.

He said borrow it from someone and pay them back when you get your money from us. Said it was approved and I would have the money in 24 hours after I Wired the deposit to Angela Martin In Smokey Lake AE, Canada.

I borrowed from my brother plus took my intire paycheck for 2 weeks and wired the funds on 5-9-08; I received a call about 2 hrs. later from Henry Morgan saying there was a problem with my loan, that the Insurance reaccessed my loan and had decided I wa shigh risk and they needed another $1185.00.

I told him there was no way I could do this; I stated that I was told this was a done deal or I would not have paid them what I already did. He told me that the Insurance Company had to rellok at the loan before money was loaned, that it was "A Goverment Requirment".

I asked for a refund and was told it would be sent out June 5th. I told him there was no way I could wait until then, that I hasd used my paycheck and had to buy groceries, gas and pay bills. He told me that was the rules, I had signed "a contract" and it had listed the refunds would have to go out in their "CYCLE" which was the 5th of each month.

Said it was out of his hands because I signed and contract and I was the one that changed my mind about the loan so I had to deal with it. I called Alex Beckett and acted like he was totally baffeled about the out come and would try to contract Henry and see what was going on.

He did not return my call so I called again and said it was out of his hands the minute I signed contract, my file went to the "exec" to finish the loan and pay out.

Here it is June 6th and guess what I have no refund, no way to pay my brother back and no way to reach these scum bag people who are preying on innocent people. Please HELP!!!!!!!

Andrea
Morrilton, Arkansas
U.S.A.

This report was posted on Ripoff Report on 06/06/2008 01:54 PM and is a permanent record located here: https://www.ripoffreport.com/reports/oakwood-lending/miami-beach-florida-33139/oakwood-lending-group-alex-beckett-and-henry-morgan-promised-me-a-loan-and-did-not-fulfill-337810. 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

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?
Featured Reports

Advertisers above have met our
strict standards for business conduct.

X
What do hackers,
questionable attorneys and
fake court orders have in common?
...Dishonest Reputation Management Investigates Reputation Repair
Free speech rights compromised

WATCH News
Segment Now