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Report: #470025

Complaint Review: Redford Financial - Charlston South Carolina

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  • Reported By: visalia California
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  • Redford Financial 215 East Bay St. Charlston, South Carolina U.S.A.

Redford Financial i was approved for 5,000 loan, but due to my credit they needed 7 monthly payments, i paid through money gram on the day i was supposed to receive my loan they said the insurance department reviewed my file and i needed to pay an additional 7 monthly payments which i did when i went to receive the money they had told me the lender backed out and i would not be receiving my loan, refund on 7-10-09 Charlston South Carolina

*Consumer Suggestion: It IS a SCAM

*Author of original report: Redford Financial

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I was approved for a loan through Redford Financial for 5,000. Everything seemed to be fine when i talked to them i told them how unsure i was because of fraud and they proceeded to explain to me what to look for if i was being scammed or what not. they assured me evrything was fine i explained to them how much of a bind i was in and really needed the money and they understood. they said the only thing was is because due to my credit i had to send in the first 7 monthly payments in order to receive the loan which ended up being 800.00, so i sent it money gram he said i should have my money within 24hours. the next day i checked my account and still had no loan, i called and he stated that the insurance company with the loan was requiring me to send an additional 800.00 also because of my credit. i was really upset because they had already faxed me documents explaining everything about the loan and all i had to pay was the initial 800.00 and i would receive the loan. i still have the documents. He stated to me that they are able to request additional funds but only once. so i sent the additional money (800.00) and again he stated everything looked fine and i should be receiving my money the next day. i checked the next day and still no money, so i called again and he stated to me that the lender had backed out and i would not be receiving my loan. he said he could get me a loan for 10,000 but i would be required to send another 1,600. i told him no i wanted a refund and he said i could get a refund but not til the next cycle of july 10,2009. he also stated to me that they would be taking legal action upon the lender for backing out of the loan and i should be receiving a large settlement. for the past 2 weeks i have tried to call every day and i am not able to even get through all it says is "goodbye".i really thought this loan was going to solve all of my financial problems but it didnt,it caused more..

Amy
visalia, California
U.S.A.

This report was posted on Ripoff Report on 07/15/2009 01:04 PM and is a permanent record located here: https://www.ripoffreport.com/reports/redford-financial/charlston-south-carolina-29401/redford-financial-i-was-approved-for-5000-loan-but-due-to-my-credit-they-needed-7-month-470025. 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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#2 Consumer Suggestion

It IS a SCAM

AUTHOR: Nancy - (U.S.A.)

POSTED: Wednesday, July 15, 2009

If you had that much money to throw away, why would you need $5000? IF course, a scammer is going to tell you that it is not a scam. ANY TIME you have to pay up front or send money by money gram, IT IS A SCAM. I hope you learned a very valuable, and very expensive lesson. Don't fall for everything. DO your research, and don 't believe what they tell you. Use some common sense next time. You can't be THAT stupid!

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#1 Author of original report

Redford Financial

AUTHOR: Amy - (U.S.A.)

POSTED: Wednesday, July 15, 2009

Redford owes me 1,600.00

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