Bolt Financial Services

Karenh60
Karenh60 Posts: 8 Forumite
Fifth Anniversary First Post
Has anyone ever heard of or had any dealings with Bolt Financial Services?
«1

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  • jonesMUFCforever
    jonesMUFCforever Posts: 28,898 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    A quick Google search found this   https://www.fca.org.uk/news/warnings/bolt-finance

    We believe this firm has been providing financial services or products in the UK without our authorisation. Find out why to be especially wary of dealing with this unauthorised firm and how to protect yourself from scammers.


    Enough said.
  • sourcrates
    sourcrates Posts: 31,043 Ambassador
    Part of the Furniture 10,000 Posts I've been Money Tipped! Name Dropper
    edited 20 June 2020 at 6:07PM
    No, but it appears the FCA have, they seem to be an unathorised company, and have just been flagged up on the FCA warnings list -
    Edit - Mr Jones beat me to it.
    I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter
  • Karenh60
    Karenh60 Posts: 8 Forumite
    Fifth Anniversary First Post
    I thought as much......they wanted me to pay £25 to get a loan paid into my bank.....I hadn't applied to them....they randomly emailed me after i did a search for a  small loan.........disgusting!!
    Thank you for confirming my suspicions.
  • DCFC79
    DCFC79 Posts: 40,619 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Karenh60 said:
    I thought as much......they wanted me to pay £25 to get a loan paid into my bank.....I hadn't applied to them....they randomly emailed me after i did a search for a  small loan.........disgusting!!
    Thank you for confirming my suspicions.

    Who did you search for a loan with ?
    I see you know this OP but for anyone else never ever pay money so a loan can either be approved or the money be sent to your account.
  • sourcrates
    sourcrates Posts: 31,043 Ambassador
    Part of the Furniture 10,000 Posts I've been Money Tipped! Name Dropper
    Karenh60 said:
    I thought as much......they wanted me to pay £25 to get a loan paid into my bank.....I hadn't applied to them....they randomly emailed me after i did a search for a  small loan.........disgusting!!
    Thank you for confirming my suspicions.

    This kind of thing was very common with early "fly by night" payday lenders, you would unwittingly apply for a small payday loan on a broker site, a fee would be charged for that, then, once you were passed to the lenders site, as well as ridiculas interest being charged, you were hit with another charge to actually have your money deposited, your only other option was to wait up to 7 days for it to hit your bank, which desperate people are not going to do.
    So your £100 borrowed, was actually around £60 by the time you got the money.
    Most of those companies were fraudulant, just out to make as much money as they could, then scarper.
    I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter
  • Karenh60 said:
    Has anyone ever heard of or had any dealings with Bolt Financial Services?
    yes i have just last week, first they wanted £25 which you had to go to the rapido sight and buy a £25 voucher then send the proof of purchese to them, after doing that they then asked for a further £55 which they said would be refunded, fortunatly i never went ahead with it, meanwhile inbetween all this they left you hanging on the phone with complete silence for 15-20mins at a time. its the first time ive ever been scammed and i hope its the last. AVOID AT ALL COSTS!!
  • foxy-stoat
    foxy-stoat Posts: 6,879 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    Karenh60 said:
    I thought as much......they wanted me to pay £25 to get a loan paid into my bank.....I hadn't applied to them....they randomly emailed me after i did a search for a  small loan.........disgusting!!
    Thank you for confirming my suspicions.
    LOL all perfectly above board no doubt, I suspect they wanted your mother's maiden name and the 3 digits on the back of your card as well.
  • Karenh60 said:
    Has anyone ever heard of or had any dealings with Bolt Financial Services?
    yes i have just last week, first they wanted £25 which you had to go to the rapido sight and buy a £25 voucher then send the proof of purchese to them, after doing that they then asked for a further £55 which they said would be refunded, fortunatly i never went ahead with it, meanwhile inbetween all this they left you hanging on the phone with complete silence for 15-20mins at a time. its the first time ive ever been scammed and i hope its the last. AVOID AT ALL COSTS!!
    I have just had dealings with these idiots absolute scam I was a bit desperate for the money and obviously I didn't get it but I really paid the price. 
    Please avoid at all costs
  • Hi
    the Bolt finance and this “BOLT FINANCIAL SERVICES LIMITED”>>>SAME???
    “To fulfill the financial needs of the customers”
    BRANCH OFFICE :- 5 New Street Square, London, EC4A 3TW
    Becaue
    Today I received an email that I have 1000 pounds of credit etc.the email:lonforcredit@gmail.com
    and i think this a big SCAM
    Thank you
  • [Deleted User]
    [Deleted User] Posts: 35,242 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    You think?
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