help needed please

notamug_2

they told him he had to pay the first payment on the loan of £138 and then they charged him another fee of £192 ,not sure what that was for,and now they are asking for £196 to release the funds...

gb12345

notamug wrote: »

they told him he had to pay the first payment on the loan of £138 and then they charged him another fee of £192 ,not sure what that was for,and now they are asking for £196 to release the funds...

There are no funds - it is a scam. If you pay the £196, there will suddenly be another fee that needs to be paid.

Contact his card company, that is your only hope - if they can't help then you have no chance of getting the money back.

Apples2

notamug wrote: »

they told him he had to pay the first payment on the loan of £138 and then they charged him another fee of £192 ,not sure what that was for,and now they are asking for £196 to release the funds...

Come on, wake up!!!

There is no loan, they will continue demanding money for as long as you will carry on giving it to them.

Google their address for goodness sake, it is a street of houses in Swansea, the only business anywhere near is a Chiropodist.

This scammer will NOT be giving any refunds to you.

notamug_2

is there any body i can report this company too....as i intend to hound these theiving !!!!!!!s till i get a refund,even if i have too pay them a personal visit to their office if one exists.
i think this is a hard lesson learnt in the ways of the world of finance im afraid.i think he may be a little more cautious in future when looking to fund a car purchase..

Apples2

Tell him to go to his bank for a loan and not follow google, it's results are full of scams.

dealer_wins

notamug wrote: »

is there any body i can report this company too....as i intend to hound these theiving !!!!!!!s till i get a refund,even if i have too pay them a personal visit to their office if one exists.
i think this is a hard lesson learnt in the ways of the world of finance im afraid.i think he may be a little more cautious in future when looking to fund a car purchase..

It wont be a company as such, more like a fraudster sitting in his bedroom or internet cafe with a big smile on his face today

gb12345

notamug wrote: »

is there any body i can report this company too....as i intend to hound these theiving !!!!!!!s till i get a refund,even if i have too pay them a personal visit to their office if one exists.
i think this is a hard lesson learnt in the ways of the world of finance im afraid.i think he may be a little more cautious in future when looking to fund a car purchase..

Does he actually know who he has paid the money to? Is there anything on his bank account with a name?

Judging by the number of texts and emails I've had from various lenders and brokers in the last couple of hours saying that "Mr !!!!!! Cheese" has a guaranteed loan and to go to their site or call them it could be any one.

maghater

According to their website they have a consumer credit license (640093), this means that they are either regulated (try contacting the office of fair trading), or if they are not its fraud.

maghater

Just checked, their credit license checks out, therefore they are registered, and must therefore comply with the Consumer Credit Act of 1974. I suggest you get your son to write to them at their head office, saying you are not happy and are requesting details of all charges etc. If they don't respond, or you think they are not complying with the act, take it up with the regulator.

iolanthe07

It wont be a company as such, more like a fraudster sitting in his bedroom

More likely to be sitting on a beach somewhere in the Caribbean.