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Report: #158331

Complaint Review: Silver Crest Loans - Philidelphia Pennsylvania

  • Submitted:
  • Updated:
  • Reported By: fountain Colorado
  • Author Confirmed What's this?
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  • Silver Crest Loans Philidelphia, Pennsylvania U.S.A.

Silver Crest Loans - Joesph Marson - Kerri White, Michael Weir, Sandra Bowen ripoff, scam artists, fake loans, fraudulent loans Philidelphia Pennsylvania

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I was in debt really bad and needed money somehow quick. So I had gotten on the internet looking. To my despair no one would offer me a loan. Now I do have good credit but I had gotten really behind in bills and rent then a few days later i recieved a call from a loan agency named silvercrest loans.

I discovered that I was approved for 10,000.00 up to 300,000.00 but a collateral payment of 25% would have to be put down. I said I didn't need enough to buy a house. I just needed a personal loan.

Me and my wife had talked about it and we came up with the idea to get enough to consolidate all of our bills into one payment and maybe have a little left over to enjoy so we asked for the 10,000.00. Everything was going great. I was so amazed I was approved and would finally be getting out of debt with this loan.

So we sent the 2500.00 in for the collateral payment. It cost me 129.00 to send it western union to new york, new york where it would be picked up by a courier. So the money was supposed to be put into the bank within 48 hours. So it was a weekend and we knew it would have to be at least monday before the bank would process it.

By tuesday it wasn't there. Well low and behold about that time I got a call saying that I needed another 1200.00 for the insurance on the loan. I thought holy crap, these people are draining me but I need 10,000.00 more than 1200.00. So I told them I was unable to come up with 1200.00. So he replied I'll have to speak with my supervisor. How much can you put down on the insurance? I said the most I would be able to do was 800.00. So he called me back about 20 minutes later saying that the lender would agree to pay.

So I sent in the 800.00 hoping that this would all work out for the best. Well it's been a week now and still no money. So now I'm filing this report to say if you see this don't do it. I know I'll probably never get my money back but if I at least help out some one before they are scammed then the scam artists won't get it

fountain, Colorado

This report was posted on Ripoff Report on 09/26/2005 07:45 AM and is a permanent record located here: 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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