This is a message this company sent me in order to process my loan....TOTAL SCAM!!!!!!!!!!!!!
Subject: Loan Confirmation
Loan Approval: JS2709
Loan Amount: 5000
Loan Term: 21 months
Monthly Payments: $257
As per our policy, we hereby inform you as your credit score is less than 720; hence we will be
asking you the 1st monthly payment as a security deposit which is refunded to you at the same
time along with your loan amount of 5000.This security deposit would ensure that your financial
stability is good and you will pay all your instalments on time.
By making the security deposit you will improve your credit scores by at least 15-20 points in
next three months. Please be informed that this being an unsecured loan we need a basis of
transfer and to ensure that you can afford the monthly installments. This also covers the risk for
unsecure loan advancement.
You will have to make this payment directly to the loan processor as per the payment option
available in your state or through CVS or any convenience stores. This documentation serves as
a guarantee by the company for the fund transfer and can be used in the court of law in case if
the funds are not delivered within 2-3 hours by International Finance Corp. cash pay day.
Looking forward for your cooperation