Charterstone Financial Group called and said i was approved for a 5000.00 dollar loan to which they needed some sort of collateral and that being the first 4 payments upfront as collateral ,i thought if i was approved why would i give this company almost 900.00 and they give me 5000.00 in return did not make sense Pennsylvania

i applyed online to several companies for a personal loan and with my credit not being up to par i applied at several service companies that find a loan for you considering bad credit. so when i got a call from charterstone financial saying i was approved for a loan i thought at first it was legit until he said as collateral the company approving me had to have some sort of collateral and that being the first 4 months payments up front which would total almost 900.00 , i thought why if i was approved would i give this company 900.00 and they inreturn would give me 5000.00 ,didnt make sense so i declined.

Robert
paris, Kentucky
U.S.A.