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Report: #223573

Complaint Review: Nationwide Capital Funding - Newton Massachusetts

  • Submitted:
  • Updated:
  • Reported By: H Georgia
  • Author Confirmed What's this?
  • Why?
  • Nationwide Capital Funding 75 Wells Avenue Newton, Massachusetts U.S.A.
  • Phone: 866-646-4695
  • Web:
  • Category: Loans

Nationwide Capital Funding Nationwide Capital Funding, Jessica Dawson, Offered a $5,000.00 secured loan but after sending collateral money, no money was sent Newton Massachusetts

*Consumer Suggestion: advance fee loan

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On November 21, 2006, after several phone conversations with Jessica Dawson, I sent the collateral money as instructed and was promised I would receive the loan in my checking account within 8-12 hours or by November 22, 2006. I received a call the evening of the 22nd and Ms. Dawson was telling me that the private lender did not put the correct amount that i was suppose to send as collateral, and that I needed to send additional funds.

After I declined, she told me that she had to file some papers to cancel the process and that i would receive my refund via fedex the next day and that she would call me back with the tracking number. The day after thanks giving i still had not heard from her, so i called and left several messages for her. Today is the 3rd of December and i still have not received a call back or my refund.

Lamonte
H, Georgia
U.S.A.

This report was posted on Ripoff Report on 12/03/2006 03:50 PM and is a permanent record located here: https://www.ripoffreport.com/reports/nationwide-capital-funding/newton-massachusetts-02459/nationwide-capital-funding-nationwide-capital-funding-jessica-dawson-offered-a-500000-223573. 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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#1 Consumer Suggestion

advance fee loan

AUTHOR: Dave - (Canada)

POSTED: Sunday, December 03, 2006

Good for you for not sending more money.

Google "advance fee loan".

The first hit is usually a page on the FTC website telling you not to expect to ever see the loan, or a refund.

Quote:
"Don't pay for the promise of a loan. It's illegal for companies doing business by phone in the U.S. to promise you a loan and ask you to pay for it before they deliver. Requiring advance fees for loans also is illegal in Canada."

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