786-752-7826

Payday loan Company, SCAM ALERT

I got this call today..it is a scam!!!!!

One question about this telemarketer or cash advance agency.. How do you guys know its a scam?, did you guys try it or you guys say it cuz the offer sounds too good? I am asking because they called me too and it sounded good but what got me was they want me to deposit $300 on a prepaid then call them with the card #so they can verify that I will be able to make $300 monthly payments to pay off loan. I dont know why they can just look in the acct to see that there is money there so often. But now again has anyone tried getting the loan? I wanna know if anyone got ripped off :D

Advance fee loans are ILLEGAL, so yes, it's a scam!  Any "company" who says you have to "show you can pay off the loan" or pay taxes, fees, installments etc are scammers!

Per the FTC - http://www.consumer.ftc.gov/articles/0078-advance-fee-loans
Banks and other legitimate lenders generally evaluate creditworthiness and confirm the information in an application before they grant firm offers of credit to anyone.

Fees that aren't disclosed clearly or prominently. Scam lenders may say you’ve been approved for a loan, then call or email demanding a fee before you can get the money. Any up-front fee that the lender wants to collect before granting the loan is a cue to walk away, especially if you’re told it’s for “insurance,” “processing,” or just “paperwork.”
Legitimate lenders often charge application, appraisal, or credit report fees. The differences? They disclose their fees clearly and prominently; they take their fees from the amount you borrow; and the fees usually are paid to the lender or broker after the loan is approved.

And if a lender says they won’t check your credit history, but wants your personal information, like your Social Security number or bank account number? Go somewhere else. They may use your information to debit your bank account to pay a fee they’re hiding.

A loan that is offered by phone. It is illegal for companies doing business by phone in the U.S. to promise you a loan or credit card and ask you to pay for it before they deliver.
A lender who uses a copy-cat or wanna-be name. Crooks give their companies names that sound like well-known or respected organizations and create websites that look professional. Some scam artists have pretended to be the Better Business Bureau, a major bank, or another reputable organization; some even produce forged paperwork or pay people to pretend to be references. Always get a company’s phone number from the phone book or directory assistance, and call to check they are who they say they are. Get a physical address, too: a company that advertises a PO Box as its address is one to check out with the appropriate authorities.
A lender who is not registered in your state. Lenders and loan brokers are required to register in the states where they do business. To check registration, call your state Attorney General’s office or your state’s Department of Banking or Financial Regulation. Checking registration does not guarantee that you will be happy with a lender, but it helps weed out the crooks.
A lender who asks you to wire money or pay an individual. Don’t make a payment for a loan or credit card directly to an individual; legitimate lenders don’t ask anyone to do that. In addition, don’t use a wire transfer service or send money orders for a loan. You have little recourse if there’s a problem with a wire transaction, and legitimate lenders don’t pressure their customers to wire money.

You have just described what makes it a scam.  It is illegal everywhere in the US to demand money up front to receive a loan. This is known as an "advance fee loan".  In addition, no legitimate lender would require you to use an untraceable payment method such as a green dot or other pre-paid card.  If it looks, walks and talks like a duck, well you know the rest.

It's quite simple. Advance fee personal loans are ILLEGAL in the U.S. If they want money up-front (in ANY form) they are FRAUDS! Legitimate companies NEVER mention pre-paid cards. EVER!
Be Safe. Be Aware.
Gunnar

Received a phone call to use a prepaid card to upload 300.00.  If you do that, they will then tell you to pay another 300.00 and so on.  This is a SCAM.  A male will call you by the name of Kevin Cooper.  Do not speak to these people at all. They are pretending to be Cash Advance America, they are using a magic jack to talk to you.  Avoid phone number 786-752-7826.