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Report: #1391344

Complaint Review: United Lending Loans - Chicago Illinois

  • Submitted:
  • Updated:
  • Reported By: Anonymous — San Antonio Texas USA
  • Author Not Confirmed What's this?
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  • United Lending Loans 2201 N. Cleveland Ave. Chicago , Illinois USA

United Lending Loans Priority Payday Loan Servicing LLC Telephoned me to say that I qualified for a $3,000 loan. They insisted that they had emailed a loan application to me. I returned the call and stated that I had not received the application. The application is apparently a scam. It requires that I " You just need to show us the affordability by reloading a monthly installment in the form of WALLMART VISA CARD. The individuals spoke with an Indian accent and English was very broken. The name of the loan officer was "Jennifer Morgan" Chicago Illinois

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Find below the "loan application" that was emailed to me.  There was also a water mark with a U.S. Seal and  eagle.

Hello Ms.,                                                                                           

 Subject: Loan Confirmation

 

Loan Approval Code

: PH5559

 

Loan Amount

: 3000

 

Interest Rate

: 12.5%

 

Loan Term

: 10 Months

 

Monthly Installment

: $310

 

Security Deposit

: $0.00

 

EFT Charges

: $0.00

 

Loan File Charges

: $0.00

 

   

 

 

 

Loan Amount can be prepaid at any time, NO PREPAYMENT CHARGES LEVIED.

As a company policy we do not believe in any upfront fee or a security deposit in the form of cash, credit or debit card. Only a guarantee is required from the customer that he/she is financially stable and capable enough to repay the loan on the installment due date.

 

You just need to show us the affordability by reloading a monthly installment in the form of WALLMART VISA CARD.

 

Your loan officer available on 773-897-0163 can explain it better to you.

(Note: For authentication purpose please mention your Loan Approval Code: PH5559)

 Thanks and Regards

Jennifer Morgan

Loan Officer

 United Lending Loans

 773-897-0163

 

Loan Servicing

TELEPHONE: 773-897-0163

 

ü  For your FUND SAFETY & SECURITY we suggest you to read the below mentioned information carefully before you proceed further and do business with any lending company including us.

 

ü  We have tried to use a normal layman language which is as simple as it can be just to ensure that it’s easily understood by our customer’s.

 

WE DECLARE THAT

 

1)      We work under the strict guidelines of Better Business Bureau and follow all the best business practices as guided by BBB.

 

2)      After every successful business deal, we share a copy of the loan agreement with BBB.

 

3)      Our telephone calls may be monitored /recorded by BBB at any time.

 

4)      BBB reserves the right of increasing/decreasing the loan amount before any transaction is done or agreement is finalized.

 

5)      Customer has a right to foreclose the loan after paying the foreclosure charges as applicable.

 

6)      We protect customers all the information we have and we will not share the same with anyone at any time.

 

7)      We do not take customers banking details until and unless the final verification is completed.

 

8)      We will not seek information of customers Credit/Debit card at any transaction until and unless customer authorizes us to do so on a recorded line.

 

9)      We will never over charge customer on the interest rate as agreed mutually.

 

10)  We have mentioned all the terms and conditions of the contract and there is nothing which is not declared in this document.

  Loan Servicing

TELEPHONE: 773-897-0163

 Terms and Conditions

 

Any use of our services at Priority Loan Servicing is governed by the following terms and conditions. Read the following carefully before you avail any of our services.

 

The content published in the mail is owned by Cash Priority Loan Servicing. You can use it for personal purpose only. Copying of content or republishing it for commercial purposes is strictly prohibited. The content is for general information only.

 

  1. The customer needs to be a citizen of the US, have an active bank account and earn steady income every month you will be considered as eligible to avail our loan services.

 

  1. The customer can avail any amount ranging between: $1,000 to $15000 as payday loan at PRIORITY PAYDAY LOAN.

 

 

  1. 3.  The customer has to call us back as soon as they receive this email

  PREPAYMENT:You may prepay this agreement in full or in part at any time without penalty,except you may be assessed.

 A minimum finance charge of $5 when the amount financed is $75 or less and $7.50 when the amount financed is greater than

 $75. Earned finance charges are determined by applying the annual percentage rate to the unpaid balance of the amount financed for the actual time those balances were unpaid.

 You are not obligated to pay the unearned portion of the disclosed

Finance Charge.

 Loan Servicing

TELEPHONE: 773-897-0163

 

DEFAULT: A customer shall be in default under this Agreement when the payment remains unpaid formore than 40 days after its scheduled or deferred due date, or if the customer fails to comply with any of the terms of this Agreement.

 If the failure materially impairs the condition, value or protection of or the Lender’s right to the collateral or materially impairs the customer’s ability to pay the obligation due under this Agreement

 LENDER’S RIGHTS IN THE EVENT OF DEFAULT:

 In the event of default, and if you have the right to cure the default pursuant to sec. 425.105, Wis. Stats., you fail to cure the default within 15 days after you are given notice of the default, the lender may declare the whole outstanding balance due under this agreement payable at once and proceed to collect it, including commencing legal action.

 TIME:It is essential that you make your payment on time

 Loan Servicing

TELEPHONE: 773-897-0163

Repayment Guarantee

  I understand and agree, that all shares, interest and deposit with PRIORITY PAYDAY LOAN SERVICING LLC and owned by me are hereby pledged individual or/and severally as security forthe said loan on such part of it’s as may be granted. In the case of default by me, the treasurer is hereby authorized to deduct any balance, interest and cost pertaining to the aforementioned loan from the security hereby pledged. Should the loan not be granted this guarantee automatically becomes null.

 

Signature…………………………                                            Date…………………………….

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loan Servicing

TELEPHONE: 773-897-0163

 

Data Protection Act 1998: Your personal information will be treated as confidential and only disclosed; A. At Your Request B, To prevent Fraud or by the order of the courts. You are entitled to a copy of the information we hold about you by writing to us and requesting it. There is a fee for the service

 

I hereby declare that the foregoing particulars are true to the best of my knowledge and belief and Agreed to abide by the By-laws of society conditions and terms of the loan policy and variations by the credit Committee as above. I hereby authorize the necessary deduction to be made from my salary as repayment of the loan.

 

Signature…………………………                                             Date…………………………….

 

 

 

Loan Servicing

TELEPHONE: 773-897-0163

This report was posted on Ripoff Report on 08/08/2017 03:05 PM and is a permanent record located here: https://www.ripoffreport.com/reports/united-lending-loans/chicago-illinois-60614/united-lending-loans-priority-payday-loan-servicing-llc-telephoned-me-to-say-that-i-qual-1391344. 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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