Consumer reviews and reports on scam companies, bad products and services
Coleman Lending Group
Coleman Lending Group Coleman Lending Group personal loan not legitmate, it's a scam Chicago, Illinois
13th of Jun, 2011 by User909635
I applied online and received a phone call from Robert advising I was approved for $5000.00. He advised they are a broker but due to my credit history that would need collateral. When I applied online I did not put my SSN number on the application so that was my first indication this was not legitmate. They reuqested 4 months advance payments of $225.11 each, total of $900.44 upfront and then the $5000.00 would be deposited with in 24-48 business hours. He emailed me the loan documents, but after further research this is not legitmate!
Comments
4938 days ago by Brian Adler
I was wondering where you confirmed that Colman Lending Group was a scam, because I took out a similar personal loan with this company of $13, 000 about 2 months ago, and I did receive the funds 2 days later, I was also working with a gentleman named Robert Manning at Coleman Lending 1-877-372-1166 ext. 522
so I just wanted to clarify for my well being.

Brian Adler
Fort Walton Beach, FL
4938 days ago by Kmm8376
I saw another consumer posted online that they requested him to wire more money the next day, also after further reseach as well, it's all over the internet that if you are applying for a loan we should not have to put down "money" as collateral. I did send him an email asking to confirm the information I saw online as well as asking them why they can't keep the payments they want upfront out of the line and just make the deposit for $4100.00, but no response received back. Did they require you to put money down???
4938 days ago by Amanda84
I as well got approved and received a loan through this company, and am currently paying back the loan in monthly installments...should I be concerned??

Amanda
4937 days ago by Kayla0990
I also got this phone call and he sent me documents through an email and he said that as long as i sent the paperwork back to him, we could move foreward with everything. I have yet to send my money that i was told i needed to put down, because I found this forum, but for the people who were approved and received money, did you have any problems with anything? I just don't want to send him 1000 dollars and then never see anything, the point of the loan is because i need the money not so i can lose money.

thans for any and all help
4937 days ago by Kmm8376
To Kayla0990- I feel the same way! Needing loan because I am in need of money, not for someone to steal from me I really wish this was legitmate! Also I found on The BBB website (Better Business Bureau the following information...

The BBB would like to alert consumers that this entity is an advance fee lender and is requesting advance fees for loans- an activity that is both illegal as well as fraudulent in nature, with the intent of stealing money from a consumer in advance payments for a non-existent loan. Consumers allege that they have wired upfront fees for loans to Coleman Lending Group, with the company promising to wire their loan money into their accounts. Per consumers, the promised money has never been sent, Coleman Lending Group ceased contact, and consumers were not able to get their initial payments back.

The BBB would like to alert consumers that per the Federal Trade Commission and the Illinois Attorney General, it is against the law for any lender to ask consumers for advance payments on loans.
4937 days ago by Kmm8376
To Kayla0990- I also posted on ripoffreport.com and found someone else who just recently posted there as well...

This company contacted me after I submitted for an online personal loan and said I was approved for $5000. All I had to do was send $940 via Western Union to the lender which was in another country. I did some research and couldn't find anything bad at the time so I thought this was legit. After sending the funds, I was then contacted the next day and told that my loan was not approved unless I sent another $940 to the lender because my credit report was different. Now I am no financier but, I am sure that my credit report didn't change in a matter of a couple of days. I refused to send the additional funds and demanded a refund. I was then told that my refund could not be mailed until the end of the month. I told them that if I could send my money to them in a matter of hours that they could do the same. I have had no response and don't expect any either. People take it from me, do not use this company for anything. They are nothing but scam artists. Josh Hampton and Tod Lambert are the
4936 days ago by Jill
I had recently dealt with Coleman Lending Group, and although I didn't get the interest rate I was hoping for, they had approved me for $5000.00. I too had to send collateral, and after being on the fence about going through with this rather strange sounding offer, I had decided to go with it. I was very nervous after sending my money through western union, especially since it was outside the country (they said my lender was located in Germany). The next day, my loan was directly deposited into my savings account, and I have had 0 problems dealing with this company...hope this helps
4933 days ago by ScamFighter2
Ok people, the people writing good testimonies on here are the same scammers from Coleman trying to give the desperate some hope, don't do it...it's all fake...the phones, the emails and the fake names... They are professional scammers

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