Simple Finance www.mysimplefinance.com Don't Do It-They will try to suck you dry Internet

12th of Jul, 2010 by User389704

I received a phone message from Jane Brooks of Simple Finance stating that I had been approved for a loan in the amount of $185,000 which was an amount I had applied for in getting a mortgage to buy a home. It was explained to me that because my credit score was low, no lender in the US would offer me a loan so therefore the lender was in Canada. I received loan documents by email which I printed out signed and faxed back. To get the proceeds of the loan, I had to Western Union 2 monthly prepayments which I did on 7/1/2010. Once the proceeds of this money was received, the loan proceeds would be deposited into my checking account to which I had given them the numbers to. Later on 7/1/10 I received a phonecall from Jane Brooks at Simple Finance stating that the lender stated my credit score had gone down slightly and that 2 more prepayments were required before the loan would be disbursed. I argued this fact because I have been working with a credit repair company and monitoring my credit score and it has been going up. I explained that I did not have an additional $1600 plus and that it would have to wait two weeks. In the meantime, I decided to contact the address of the office building form which the loan documents stated they were located. I learned that the company who did the leasing had received several phonecalls from people asking about this company and they did not lease from them. I also researched the the insurance company that they supposebly used to protect themselves from high risk borrowers and found out that there is no such company known as SDRMB Group in San Diego California.

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