New General Financial wanted $616.43 before they will send me a loan. Is this a scam. I really need a loan.?

Question

New General Financial wanted $616.43 before they will send me a loan. Is this a scam. I really need a loan.?

Answer 1

Here are some tips for determining whether a loan is legitimate or a scam:

1) They don't use a free email address (yahoo, gmail, hotmail, live, etc)

2) They have a secure website you can go to to fill out their application (this isn't 100%... do a search with the company + fraud and also + scam... and check the BBB)

3) They don't require ANY fees upfront. Any fees will come out of proceeds of the loan (scammers want their fees via Western Union or Moneygram)

4) They have a REAL address you can send mail to

5) They have a REAL phone number, not a cel phone

6) Look at their profile - usually created in the last 48 hours. Why? Because they get reported for this, yahoo deletes the accounts, so they just open a new one and send again until they are deleted once more!

7) If you're STILL not convinced, despite one or more of the above applying, check them out for yourself: http://www.nextwebsecurity.com/LocationT... allows you to search for their IP... turn on your full headers and check each one of the IP's in their email to you! Or check the data base at: http://www.419legal.org/ ...if nothing shows up, post your email under: http://www.419legal.org/fradulent-email/ and a professional will check them out for you... (please include FULL headers minus your personal information)... Once you've checked them and are convinced they are scammers, please forward a copy of their "loan application" to [e-mail], [e-mail], etc

Answer 2

Sounds fishy to me, I'd find another place that is reputable and get your loan there.

Answer 3

Yes. Final answer

Answer 4

Oh yeah.  It's a scam.

Answer 5

of coarse

Answer 6

Sounds like a scam to me too!

Answer 7

Of course it is a scam!

You don't pay for a loan!!!!

Answer 8

I would ask them what it covers.  If it is for a credit report and appraisal, that's reasonable.  You should get a copy of both if you've paid for them.  If they give you some nebulous, vague answer like, application fee, then you might want to call a couple of other lenders.

Ask them about any upfront fees, what they cover, if they're refundable and finally if you get a copy.

Some Lenders will push you give them the appraisal fee upfront in order to tie you to them.  Even if you get a copy of the appraisal, you may not be able to use it with a new lender unless its "assigned" to the new lender.