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Quick Loan Finance

Hi there,

I just wanted to describe my experience with this company today.

They cold called me out of the blue saying that I had been approved for a £2,000 loan. Then, half way though the process they started trying to take a £10 charge from my card to "arrange the loan" however they were unable to simply send me an email saying the APR, the loan period and the total payable.

I said that I would happily pay the money if they would send me an email confirming what I am paying the money for. They started getting cross and saying I was both lying and wasting their time.

There was another post on these forums that has now been removed saying that this company was a dodgy scammer and so I did not want to trust them without getting an offer in an email. However, they would not do this and the post describing the company has disappeared since I have mentioned it to them.

They said that they operate the site: quickloanfinance dot co dot uk

The call ended with me saying that I was going to describe my experience with the company on here truthfully, to which they threatened me saying that they hoped I had a lot of money spare to pay the legal costs when they sued me in the courts. I said, as long as I am being 100% truthful there was nothing that was wrong and that they should not act in a way that I would want to right on here. All I wanted was to see the offer in writing (via email) before I parted with my money.

Anyway, use if you like, this is my experience.

Comments

  • It is 100% a scam, AVOID.

    OP anyone that cold calls you is either a scammer or a ripoff merchant. NEVER buy from a cold caller EVER!!!
  • DCFC79
    DCFC79 Posts: 40,644 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 12 February 2014 at 3:06PM
    It is 100% a scam, AVOID.

    OP anyone that cold calls you is either a scammer or a ripoff merchant. NEVER buy from a cold caller EVER!!!

    In addition to this If anyone says " we need your card details to take a £69.99 payment to arrange the loan " is not the time/place to hand over your card details as you will face a fight to get your money back, your hard earned cash. Any reputable lender will not ask for a fee or even cold call you. You did the right thing.

    OP I suspect they are a broker hence they wanting the fee.
  • Apples2
    Apples2 Posts: 6,442 Forumite
    If I were them I would have sent a confirmation email. The OP would happily pay more as long as there was an email.

    Pretty unlikely op would have cared if it were a gmail or yahoo account.

    How on earth can it be so simple to extract money from people? Any old random number crunching on a phone will do!
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