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Report: #261275

Complaint Review: North American Loan Network - NorthAm Loans - Phoenix Arizona

  • Submitted:
  • Updated:
  • Reported By: Milwaukee Wisconsin
  • Author Confirmed What's this?
  • Why?
  • North American Loan Network - NorthAm Loans 10201 S. 51st St Ste 120 Phoenix, Arizona U.S.A.
  • Phone: 866-400-2997
  • Web:
  • Category: Loans

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This so-called home based business is a SCAM! I was first introduced to this company when Jennifer Henderson (ext 1012) called me who had apparently gotten my name from a marketing company. I was quickly sent to her supervisor, Eli Gail (ext. 1004) who was quite a salesman trying to reassure me that it was just like Lending Tree and that there are many FREE ways to advertise and get leads but did not indicate further costs other than a monthly website fee.

I was later told that I would need to buy one of their advertising packages at the not-so-reasonable cost of $5,500 (that was with a $1,000 discount if I signed up for the package that day!). I wasn't about to do that so they ended up discounting it and guaranteeing me that I would earn the $$ back quickly.

I was then called by George Alberts (ext 1028) who GUARANTEED me that I would start making money in 7-10 days and that within 120 days if I didn't make my advertising money back that they would REFUND the difference and that any interest charges I might be charged on my credit card would be refunded as well!

Of course, I only show $17.00 in my account to date and when I emailed Jeremy in customer service about the lousy advertising campaign I received he got back to me and said he "needed to look into it". I had to email more than once to finally get some action and that's when I was told that no fees were refundable. When I asked about the verbal guarantee that I was given I was passed off to someone else.

The only small refund I received was the original sign-up fee because I didn't fill out and return the paperwork that was sent to me. I mean, what real business needs you to take a pencil and rub over your credit card so that they can see all of the actual numbers and print on your card, along with your signature and tehn send it through the mail to them? That's risky!

So far I am sitting with advertising $$ on my credit card and all of the free advertising efforts I have made have gotten me nowhere. I wonder if there really is any of the actual paid advertising being done for my website or if they have just taken my money and run? The guarantees mean nothing!

BEWARE - don't trust this company! They want to take your $$ and leave you with nothing in return!

Jamie
Milwaukee, Wisconsin
U.S.A.

This report was posted on Ripoff Report on 07/16/2007 08:14 PM and is a permanent record located here: https://www.ripoffreport.com/reports/north-american-loan-network-northam-loans/phoenix-arizona-85044/north-american-loan-network-northam-loans-this-is-a-scam-dont-believe-their-guarantee-261275. 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

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#7 Author of original report

Report company to AZ Attorney General - Please File Something if You Have Been Scammed!

AUTHOR: Jamie - (U.S.A.)

POSTED: Monday, August 06, 2007

I will also file a report with the AZ Attorney General! We need to get more people to speak out about this company. Before we did anything with them we looked them up on the BBB and only found one minor complaint. When we checked Rip Off Report we only found 1 complaint at the time as well. If we had seen what we see now on the Rip Off Report we would have never moved forward with anything!

Please file a report if you have been duped by this company!

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#6 Consumer Comment

AZ Atty Gen'l

AUTHOR: Mds - (U.S.A.)

POSTED: Sunday, August 05, 2007

I didn't think of BBB. I have filed a complaint via e-mail with the AZ Attorney General and got a written response that they are investigating. Will keep you posted.

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#5 Author of original report

Response to SAME

AUTHOR: Jamie - (U.S.A.)

POSTED: Monday, July 23, 2007

I haven't figured it out yet but I'm working on it. I want to keep others from falling victim to this company! We should also file reports with the BBB!

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#4 Consumer Comment

SAME

AUTHOR: Mds - (U.S.A.)

POSTED: Sunday, July 22, 2007

So, do you know how we can get our money back?

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#3 Consumer Comment

SAME

AUTHOR: Mds - (U.S.A.)

POSTED: Sunday, July 22, 2007

So, do you know how we can get our money back?

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#2 Consumer Comment

SAME

AUTHOR: Mds - (U.S.A.)

POSTED: Sunday, July 22, 2007

So, do you know how we can get our money back?

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#1 Consumer Comment

SAME

AUTHOR: Mds - (U.S.A.)

POSTED: Sunday, July 22, 2007

So, do you know how we can get our money back?

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