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loan upfront payment

tonka123
tonka123 Posts: 2 Newbie
in Loans
i have applied for a 25.000 loan the company have agreed this but say i must make the first payment to ensure i can make the payments( u cash vouchers) they will send some one with the check and i will hand over the vouchers is this above board or is it a scam. any advice would be appreciated

Comments

  • Emmzi
    Emmzi Posts: 8,658 Forumite
    1,000 Posts Combo Breaker
    it's always a scam. any reputable loan company will deduct fees from what they send you, and will generally do a bank transfer not a cheque.

    none require an up front fee, ever.

    well done on avoiding it.
    Debt free 4th April 2007.
    New house. Bigger mortgage. MFWB after I have my buffer cash in place.
  • paddyrg
    paddyrg Posts: 13,543 Forumite
    SCAM!! RUN AWAY!!!

    Nothing they tell you will be true, visit scamwarners.com to post the details or ask for help, but this is a category known as 'Advance Fee Fraud'. There is no loan.
  • jonesMUFCforever
    jonesMUFCforever Posts: 28,898 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    These scumbags won't lend 25p to you let alone £25000!!!
  • tonka123
    tonka123 Posts: 2 Newbie
    they asked if i wanted to do bank transfer or check but still wanted payment beforehand
  • geoffky
    geoffky Posts: 6,835 Forumite
    Come on....your not thinking clearly..
    It is nice to see the value of your house going up'' Why ?
    Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
    If you are planning to upsize the new house will cost more.
    If you are planning to downsize your new house will cost more than it should
    If you are trying to buy your first house its almost impossible.
  • Apples2
    Apples2 Posts: 6,442 Forumite
    You're being a plonka tonka.

    Keep us updated how much and how many times you give money away before you realise it is a scam.
  • BugsyBrowne
    BugsyBrowne Posts: 5,697 Forumite
    As you have applied for a scam loan, now lay in late while the other scam outfits start sniffing you out as your number or email address is probably at this moment in time circulating through their computers.
  • poppasmurf_bewdley
    poppasmurf_bewdley Posts: 5,925 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    There is NO loan. Hope you got the message!
    "There are not enough superlatives in the English language to describe a 'Princess Coronation' locomotive in full cry. We shall never see their like again". O S Nock
This discussion has been closed.
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