Loan con artists

JessieLou

I need to know if bad-credit-loans-4-you.co.uk are a legitimate company??

Apples2

:beer:Do we really need to bother with Google to find the answer to that?

Without looking, it is a scam to rid you of your spare cash.

opinions4u

Never trust anything with "4 you" or "4u" in the name.

Never.

Err oh ... err almost never.

Tixy

They are a loan broker.

If they are like most online loan brokers -
They'll probably ask for your bank details.
They'll probably then take a fee from your bank to try to find a loan for you.
They'll probably not find a loan that is suitable (for people with a poor credit history they'll likely only come up with payday loans and guarantor loans companies).

JessieLou

Ok, so i have been done basically and am not gonna get the loan that they have told me ill get! lol s@*!

Apples2

You've already given them your bank details haven't you?

Look at the Terms and Conditions right now. It will detail how to get your money back by cancelling the agreement. You MUST do this in writing. Don't bother emailing, texting or calling, nothing will work other than writing a letter to them.

JessieLou

right ok.
thanks

Tixy

If its a 'legitimate' loan broker in the UK then you should be able to get all but £5 of what you've paid eventually (by writing).

You will likely find lots of companies contacting you offering you loans, debt management etc. Don't fall for any of them, nobody genuine phones up and offers you a loan.

If its a total scam (usually based on India) then not only will you not get the money back but you need to cancel your bank card to hope more funds don't go from your account.

JessieLou

Who do i need to write to please?
thanks for your help

[Deleted User]

Loans 4 You, Innovation Centre, Monks Brook, PO30 5WB

It's amazing what you can find on a company's website these days.

JessieLou

Oh, sorry ZX81 i didn't know if you meant write to them or like the FSA or something. And I just need to ask for my money back and to withdraw the application?

Yer I never thought I'd be caught out by them. Just pure stupid.

Thanks