This is the E-mail I Receive:
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Welcome To Walters (FINANCE) Incorperation, we give out the fastest and reliable loan to our customers. And we are thanking you for transacting business with our loan service, for you to have the faith and believe that this company is legitimate. So I will want you to trust and cooperate with us, I promise, you will have nothing to regret during this transaction, am saying all this because of the interest rate your loan will yield for the loan firm, as you are suppose to know that the interest rates is what brings a high capital growth to the loan service, and as such, I am really willing to help you, just try and co-operate with us and believe in yourself, as a matter of fact, you know that you are a new applicant to this loan firm, so now that you have make up your mind, to get your loan from our firm, we are going to make sure your loan funds get to you within 48 hours, you should have known in your mind that, you were directed to us by God to put a stop to your financial problems, so I want you to trust and believe in this transaction with us and do co-operate with us, and I guarantee you that, you will not regret anything during this transaction. Concerning the loan terms and duration, we are giving you 4 Year so that you can be able to pay us back the funds that you are borrowing.
LOAN TERMS AND CONDITION:
SUMMERING: This is well calculated terms for a loan amount of R 25,000.00 in 3% at duration of 4 Year.
Loan Balance: R 25,000.00
Loan Interest Rate: 0.30%
Loan Term: 4 years
Monthly Loan Payment: R 524.03
Cumulative Payments:R 25,153.42
Total Interest Paid: R 153.42
LOAN CONDITION:
* The applicant is expected to start the re-payment 3 month after he/she most have received the loan.
*The applicant is expected to send his/her Details, which you want the funds to be transfer into.
*Failure to pay back the loan at this expected date/period, legal actions will be taken against the applicant by our attorney immediately.
* Applicant who is unable to meet with the repayment will be given 3 weeks more as a grace period before legal actions will be taken.
*Note: You will be making the payment of your Insurance Fee (R 1550.00) so your loan amount can be insured before it can be transfer into any of your bank account.
I await your swift response (ASAP)
Regards
Walters Inc