HARBOR LENDING GROUP - ALICE GREY LOAN CONSULTANT BAD CREDIT PERSONAL LOAN SCAM COMPANY ATLANTA Georgia

On or about May 15, 2008 I received a voicemail stating that a Ms. Alice Grey needed to speak to me about a loan that I was fully approved for. Now that set off some light bulbs for me because my credit is horrible. Who would possibly approve me for a loan? However, I had applied for some payday loans and a few personal loans w/a co-signer the previous day so I was curious. To make a long story short, I returned her call that evening and she put me on hold stating that she was in a meeting but was almost finished. She returned the phone a few minutes later and said she would call back in 10 mins. After 20 mins passed I called again. This time she told me she was on the phone with another client and she would return my call in 20 mins. I never heard from her that day so I called the next day. Again she told me she was in a meeting so I stopped her before she could hang up and explained to her that I just needed some details about the loan and the she had put me on hold and promised to call back twice.

After discussing the loan details, she faxed over a contract and after reveiwing it, I was very suspicious. The terms were a 6% interest rate on a $5000 loan with 4yrs to repay. ???? Anyway I called her back and we spoke more in depth about the loan. She explained that I needed to send $703.56 for collateral and no payments would be due until December 2008. I thought well with my credit being so messed up maybe this is a possibility.

I took a week to do some research but found nothing on the BBB website at that time. I called back on May 27th to secure the loan but my contract had expired so I ask her to fax another copy and she explained to me that it didnt matter. That's when I got really suspicious. How could it not matter? But going against my better judgment, I faxed over the signed contract, bank info, and copies of my ID's.

I waited until today (June 2) to finally call back to ask about the details of where to send the money just to see what she would say. I thought I would be sending the money via MoneyGram to a company but instead she gave me information for a Person-to-Perosn transfer for a person residing in Canada. OKay....red flags went off...I started questioning her about why the money was going to a person and of all things someone in Canada. She assured me that they had the money in their office in Atlanta and I would have my money NLT 5pm EST tomorrow. I explained to her that I had applied for a loan before thru a company and was told to do the same thing she had asked me to do so what reassurance did I have that I would receive the money. She told me that the contract was reassurance and the fact that I could contact her everyday was enough. I laughed and told her okay I will send you the money in about an hour. She said good because there is only a two hour time frame and make sure they only charge you $14.16 for the Moneygram fees. That was weird! I got online did some more research and found out that they had been ripping people off so I called her back.

She explained to me that BBB was not a good organization because it wasnt a government organization and that I was throwing away funds and then the idiot directed me to this site before she put me on hold. WOW! I just hung up the phone and decided to check out the site. I found all types of reports against them. I am just glad I never sent any money. They have my bank info and copies of my ID's but I will be closing my bank acct (not that there is money in it anyway..lol) and my ID has all the wrong info cause it needed to be updated. I already have a fraud alert on my credit report so I think I'm okay and the joke is on them. Again, just glad no money was lost.

Never send money to secure a loan!!!! It just doesnt make sense! It's sad that people in the world are this way and take advantage of others but I believe in Karma. I hope that there are enough reports filed that someone is able to do something about this company to recover lost funds and hopefully arrest these individuals so that they wont rip anyone else off.

2smart4u
georgetown, South Carolina
U.S.A.