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Report: #326554

Complaint Review: Morrow Park Financial Group - Coventry Rhode Island

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  • Reported By: Nelsonville Ohio
  • Author Confirmed What's this?
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  • Morrow Park Financial Group 102-903 Tiogue Avenue Coventry, Rhode Island U.S.A.

Morrow Park Financial Group Taking money from trusting individuals Coventry Rhode Island

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I applied for a personal loan online and was contacted by this company. I was approved and needed only to send $1533.64 for the full loan amount of $15,000 to be deposited into my bank account within 24 hours.

I had several questions and was continually given the run around. I was unable to deduct the loan fees from the loan amount-the "security fee" could only be accepted through Money Gram.

When re-reading the loan documents (that looked very legitimate and even suggested having them looked at by an attorney), I noticed a portion that said not to fill out bank information, becuase you might decide to accept a certified check instead. This seemed a little strange, also at this point, no one had asked for my banking information (thank heavens!) When I asked questions, I was told the money needed to be wired b/c they would first have to set up a debit with my bank before taking out any money and that would take more time.

Luckily, about 15 minutes before I sent them all the money I could gather up, I checked online one last time and saw information from someone who had lost $900 to the company. Thank you for this service and whatever you do--DO NOT WIRE MONEY TO A COMPANY TO RECEIVE A LOAN.

Anonymous
Nelsonville, Ohio
U.S.A.

This report was posted on Ripoff Report on 04/16/2008 02:04 PM and is a permanent record located here: https://www.ripoffreport.com/reports/morrow-park-financial-group/coventry-rhode-island/morrow-park-financial-group-taking-money-from-trusting-individuals-coventry-rhode-island-326554. 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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