FC LOANS????anybody with past experiance with this lender??

doubleu

just a quicky

has does antbody know hwat this company is like ? or is it just another SCAM??

immoral_angeluk

Do they ask for a fee up front to find you a loan?

doubleu

hi am not so sure on that!! i havent spoke to them yet,but that will be the first question i ask and if they do i will not continue the conversation with them!!!!

just trying to find a quick loan of 1500..but my credit history is poor = (

immoral_angeluk

Having looked at their website I can't see anywhere with their terms and conditions, which immediately rings alarm bells for me.

doubleu

thanks for the info!! al cross them off then,,never mind

immoral_angeluk

Yes, they do, according to this article...

http://www.myfinances.co.uk/loans-and-credit/features-guides/the-problem-with-unsecured-loan-brokers-$1361269.htm

FC Loans, meanwhile, also charge a fee for those accepted for a loan and this would be £49.99 for a person borrowing £15,000. This company promises an instant decision, a payout within 24 hours and does not mind – it says – lending to customers with bad credit records or CCJs against their names.

doubleu

life saver thanks

immoral_angeluk

No probs... if you spend long enough on this board you'll see why 'getting a loan' through this type of company is a reaally bad idea.

ANDROO

FC loans are similar to other loan brokers that simply pass your details to lenders. However, they charge a fee and deliberately mislead you. You are told from the start that the loan you want is available and quote an APR that they say won't change much. All you have to do is pay a document transfer fee, a letter saying your money has been allocated follows. In reality, there is no guarantee of a loan, no money is allocated, it's the actual loan companies that decide whether or not you get the loan and at what interest rate.
Not worth bothering with considering there are many other companies offering similar service with no upfront fee.

lottypotty75

Hello

Please do not use this company !!

I tried to get a loan in April 2010 they promised big and i stupidly gave my card details but within two weeks i rang and cancelled with them ! i asked them to email me to confirm this which they saying they had removed my details etc.
Then 3 weeks ago i was overdrawn and found out this company took £49.99 from and they had made 115 attempted transactions on my account but as i hardly have any money in this one account they never succeeded.I rang my banks fraud department and the police.
I have tried to get hold of this company they then blocked me emailing them !! then there operational director James hobson emailed me and said he was personally dealing with my case !! that was 2 weeks ago !! they now wont take calls and block your emails etc the financial ombudsman is aware as is BBC watchdog !! so do not go to this company !! they are fraudsters and scammers !!

Enfieldian

Sorry, your Bank's fraud department AND the Police?

When you gave them your card details?