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Re: you guys have answers to most questions......

you guys have answers to most questions......
January 09, 2014 02:30PM
I am afraid my neighbor is going to take out a loan with a company from Jamaica called Franklinton Estate Finance. My bet is it is phony. They want three months advance payment for " collateral " If you know any tricks on checking up on a place let me know. There info is..
Franklinton Estate Finance
22 king street suite 10-12
Kgn.Jamaica WI
877 814 8904
franklintonestatefinance.com
Re: you guys have answers to most questions......
January 09, 2014 09:36PM
Thats beyound the reach of US law, MM seems to me when u get a loan they give u the money first-- then u make payments. It appears to be a scam . I once got a phone call saying I won the jamican lottery, to get the $ all I had to do was send them a certified check for the taxes, since I'd never entered the lottery I told them the checks in the mail- She would do better getting a loan at a pawn shop(if she has something to pawn)



Edited 1 time(s). Last edit at 01/09/2014 09:39PM by omer.
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RUN,RUN,RUN and then run faster.guns blazing (n/t)
January 09, 2014 07:57PM
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If she sends them money, that will be the last she ever hears from them.
January 09, 2014 06:24PM
Looking at their website tells you that they are not the lender. They are a matching service, matching applicants to lenders. Sounds like its still a rip-off for those with bad or no credit. Her match, whoever the are sounds like a high interest scam artist.



Edited 1 time(s). Last edit at 01/09/2014 06:37PM by RustyNTX.
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Re: you guys have answers to most questions......
January 09, 2014 04:14PM
I wouldn't trust them at all, as a person who needs a loan usually doesn't have the money to pay up front.....I know I don't have the money to pay them, for that would be why I would need the loan in the first place and being off shore in another country would be harder to work with and to get money back, if it is a SCAM! angel Ma
here's their website.....
January 09, 2014 03:39PM
don't know if this makes them legitimate or not
http://www.franklintonestatefinance.com/
Yep... I looked at that , very impressive, but, it should be . (n/t)
January 09, 2014 04:04PM
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That is a scam for sure ..... ask her why they don't just ....
January 09, 2014 03:14PM
.... add three months payments to repay the principle rather than prepay 3 months of payments as collateral. If she had 3 months worth of payments, why would she need the loan.

Tell her to run like the wind from those folks. Craig made good points on the most obvious red flags.

Advise her to do business locally. If no one local will give her a reasonable interest rate loan there usually is a reason. Should she be filing bankruptcy to get out of current debt?
I think bankruptcy is the best way out for her... (n/t)
January 09, 2014 04:07PM
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Craig, isn't that pretty much the same type of loan Elson offered you? (n/t)
January 09, 2014 03:27PM
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29% but he's a loan shark smoking smiley (n/t)
January 09, 2014 05:59PM
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Charlie, put on your thinking cap, 11% is robbery, it's a scam Marine thumbs up (n/t)
January 11, 2014 02:06AM
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