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Diego Loans
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angelking3
Posts: 1 Newbie
in Loans
Has anyone had any dealings with this company, a friend of mine has applied for a loan and it just seems all too easy. They are asking for an up front fee as well.
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they are probably a broker with no guarantee of actually getting a loan - but they will happily take the advance fee.
Tell your friend to run and not give them his card detailsI’m a Senior Forum Ambassador and I support the Forum Team on the Pensions, Annuities & Retirement Planning, Loans
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All views are my own and not the official line of MoneySavingExpert.0 -
Never, ever, pay an upfront fee for a loan. No decent lender will ask for one. Lots of people have lost money through scams based on sending fees for 'administration' or 'insurance' before getting a loan. They never see the loan or their money again. Diego may not be fraudsters, but I still wouldn't send an upfront fee to them.
As MallyGirl writes, they may be brokers. Brokers should receive their fees from the lender, not the borrower.I used to think that good grammar is important, but now I know that good wine is importanter.0 -
Hi angelking
I have never heard of them and that alone would concern me, let alone the upfront fee they are seeking. I would advise your friend to avoid this like the plague.
Dennis
@natdebtlineWe work as money advisers for National Debtline and have specific permission from MSE to post to try to help those in debt. Read more information on National Debtline in MSE's Debt Problems: What to do and where to get help guide. If you find you're struggling with debt and need further help try our online advice tool My Money Steps0
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