The Loan Centre Warning!!!!

Fiddlestick

Lucy_loo wrote: »

Oh and if they are legal and above board then why are the BBC & the Ombudsman investigating them?

The BBC and the FOS investigate many things, as do the Police.

Just because something is "investigated" that doesn't make it illegal.

sweaty77

Hax wrote: »

If sub prime loans are all that you are eligible for then they can't do much else - can they? The service they offered was to try and broker a loan for you - they've provided that service. It's not their fault that the results don't match your expectations...

I wanted a Payday loan, not the crap they offered, as i said i was niave and caught out, lesson learned, but its still preying on those in need AND A SCAM...

spike7451

sweaty77 wrote: »

I wanted a Payday loan, not the crap they offered, as i said i was niave and caught out, lesson learned, but its still preying on those in need AND A SCAM...

I know Sweaty from the other forum he mentioned & he's a straight up guy who has helped out a lot of other modeller's as well as being a respected member.
I doubt very much if he'd be caught out by not reading the small print so I'm inclined to believe the is something dodgy about how these 'people' practice their work.

Hax

sweaty77 wrote: »

I wanted a Payday loan, not the crap they offered, as i said i was niave and caught out, lesson learned, but its still preying on those in need AND A SCAM...

No "scam" and they're only preying on those who don't investigate why they are handing over their card details...

spike7451: I appreciate your respect for the guy (and I have no disrespect - how could I - I don't know them!) - but when I just went and did a dummy application for a loan, an orange box was shown on the screen clearly displaying the amount to be charged for "membership" along with all the (speculative) details for the loan should I be accepted. It's almost impossible to miss it!

OK, you're not told of the cost of membership before you start your application - but you sure are told before you enter your card details and complete it. Therefore, I can't possibly see how it is a scam. It's like ordering something off the internet and then complaining because a £20 shipping cost was added into your "shopping basket" at the time of checkout and you didn't notice.

It's just NOT a scam. Sure, warn people that their brokering service is expensive - fine - I've no problem with that, but ranting about them being "thieves" and about how they've "scammed" you is just plain wrong. The clues are all there - people need to be more aware of why they are handing out their card details.

sweaty77

Hax wrote: »

No "scam" and they're only preying on those who don't investigate why they are handing over their card details...

spike7451: I appreciate your respect for the guy (and I have no disrespect - how could I - I don't know them!) - but when I just went and did a dummy application for a loan, an orange box was shown on the screen clearly displaying the amount to be charged for "membership" along with all the (speculative) details for the loan should I be accepted. It's almost impossible to miss it!

OK, you're not told of the cost of membership before you start your application - but you sure are told before you enter your card details and complete it. Therefore, I can't possibly see how it is a scam. It's like ordering something off the internet and then complaining because a £20 shipping cost was added into your "shopping basket" at the time of checkout and you didn't notice.

It's just NOT a scam. Sure, warn people that their brokering service is expensive - fine - I've no problem with that, but ranting about them being "thieves" and about how they've "scammed" you is just plain wrong. The clues are all there - people need to be more aware of why they are handing out their card details.

]

That box was not there 6 weeks ago but how can i prove that, they asked for my card details to check i was who claimed to be, no where did it mention a fee, but again hard to prove now. have they changed there game as they are found out probably. and i hope its costs them their business.

Enfieldian

Is this today's "I have bad credit and can't read" thread?

geoffky

Fools rush in !!!!!

BLT_2

Lucy_loo wrote: »

Anyway hopefully I have warned other people and stopped them being scammed so I don't give a fat shiny one what you say! I did not come on here to get a lecture off you lot! Bye

Check the terms and conditions, if its a personality tax you will get a full refund.

If however it is a stupidity bill you have no chance.

Feel free to respond, I really dont give a big fat shiny one :rotfl:

cazza1973

I have also been caught out by this company and can swear, hand on heart, that this orange box was nowhere to be seen two weeks ago. I have since been contacted by a national newspaper asking for my story regarding this country. The only thing that I can think of is that The Loan-Centre are now covering their backs due to all the interest that is now being shown to their dodgy dealings.

Enfieldian

I doubt very much whether this company or any of the other brokers need to "cover their backs", as they all state in their T's and C's that they are a broker and will charge a fee.

The problem is, has and always will be people not doing the most basic of research or checking the contract that they are entering into.

The Loan Centre even make it more obvious than most by showing the membership fee on screen, again, at the point of application.