Camidor Consolidation Group Advance Fee Broker Loan Scam Cleveland, Ohio

This is in the hope that other consumers take care and avoid losing funds to this company.

I was solicited by this company to accept a personal loan for $5000. My credit is not very good and I did truly need the funds to pay some medical bills. I was initially excited to hear about the offer. Then the "loan agent" advised me that the "private finacier" would recuire a security deposit on the loan. I told her I did not have the funds to provide a deposit. She said they gave no other alternatives (which rasied red flags becasue I had never heard of a finacial company not giving options such as a co-signer). She pushed hard for the agreement, repeating several times that there was a time limit on how long to offer would be good.

I spent the next day doing research on Ohio laws and on this company.

1. They do have an F rating with the Cleveland BBB0

2. Any loan brokers are required to be licensed by the Ohio Division of Financial Instiutions. This company IS NOT. When questioned about it I was told they have a "parent company" but refused to disclose any info about said company.

3. The toll free number they list on the website is the only number they will give you. When I asked for any other number they refused to provide it.

4. When I questioned them about what "private lender" they were saying was going to loan me funds I was told they can not disclose info. I questioned them futher and the rep hung up on me.

 Save yourself heartache and money. this is a complete scam!

Ohio law probits firms from charging up front fees to the consumer, when asked about this directly