Report: #1066655

Complaint Review: Rosenthal and Hirsch Financial

  • Submitted: Fri, July 12, 2013
  • Updated: Fri, July 12, 2013
  • Reported By: daskcs — Rockfiord Illinois
  • Rosenthal and Hirsch Financial
    121 S Broad St
    Philadelphia, Pennsylvania

Rosenthal and Hirsch Financial James LaSalleGeorge NelsonMatthew Christian Demaarted ROSENTHAL AND HIRSCH ARE RIP-OFF ARTISTS!! Philadelphia Pennsylvania

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I had been considering obtaining a payday loan for $300 for moving expenses.  On June 10, 2013, I got a call from a James LaSalle, an account representative with Rosenthal and Hirsch Financial, 121 S Broad St, Philadelphia, PA 19107.  He said he would be able to give me a loan for $5,000.  I told him I only needed $300.  He said the minimum loan amount was $5,000.  So I agreed. 

He approved me for a $5,000 loan and sent me a very legitimate looking loan agreement.  He said I would need to pay $732 (6 months' advance payment) as collateral for the loan because of my poor credit.  I then wouldn't pay anything for 6 months.  He wanted me to send the money by Western Union to New York to a Matthew Christian Demaarte.  So I did.  He assured me I would be refunded the $60 Western Union fee. 

The following day a senior manager, a George Nelson, called me and said the lender reviewed my credit report and determined that I needed to send another $732 as additional collateral.  I told him I wanted my money back but he said I had to wait until July 3, because that was when checks were done.  At this point I started doubting this transaction was legitimate.  After some research and conversations with both a Mr LaSalle and a Mr Nelson, I decided to send the money.   They requested I send $732 by Western Union to New York again to a Matthew Christian Demaarte.  They assured me that the $75 Western Union fee will be refunded to me.  

I began calling Mr Nelson for the next 2 weeks.  I left many messages on his voice mail, but never got a call back from him.  I was able to talk to Mr LaSalle and he assured me that he would have Mr Nelson call me.  That never happened.  Then, they refused to take my calls, allowing the phone to ring busy. 

I shouldn't have been so stupid for thinking this was legitimate. It seemed too good to be true.  I should have remembered that you don't pay money to get a legitimate loan.  I've been scammed.  DON'T GET INVOLVED WITH ROSENTHAL AND HIRSCH FINANCIAL.  THEY ARE SCAMMERS!!!

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