Type of a scam Advance Fee Loan
I applied for a loan on cashloaner.ca over the weekend and today someone called saying, I was approved for a $20,000 loan… Still can’t figure out the name of the company he represented, as he referred to it as "the loan company." I’ve been drowning in debt and suffer from Depression, so first instinct was is this real???? I was given three options to secure the loan, as my credit is terrible. I chose the second which is $1200 collateral. Explained I still didn’t have that much and was told he would, "work on it being $600." I thought about it while after revisiting cashloaner.ca & thought they were reputable. Then starting reading reviews of "Fast Cash" scams and scam artists…. He called back sounding so accomplished and sure I would be wiring that $600 and when I politely shut him down, I hung my phone up. He called for like three times, then decided to stop. I figured after he realized there were "no funds" in my savings account that’s about to be closed, he decided to call back to have me wire the money….Smdh, almost had me n my desperate self