Says I have been aproved for a loan but must sent multiple months of payments to be approved! (They say they are from Baywood Lending Services) he says his name is Kyle Morrison, and a guy calls saying his name is Patrick Armstrong, and a CEO of George Henson we have sent over $2900 us dollars to these ppl. Pls. Help

THEY SAID I WAS APPROVED FOR A $8000.00 LAON I GAVE  ALBERT REEVES & PATRICE ARMSTRONG CEO $1011.00 FOR LAON  THEY SAID I NEEDED TO SECURE LOAN WITH MORE MONEY SO I GAVE IT & I NEVER GOT THE LOAN. THEY SAY THAY ARE AT 102 FRANKLIN ST. TAMPA FL. THEY ARE WORKEN WITH A LENDER kAYLA WATSON IN ONTARIO CANADA. DID THIS HAPPEN TO YOU? PLEASE HELP THEY ARE TAKEN MONEY FROM US .

a mman called albert reeves said i was approved for a loan but i needed to pay 6 months payments to secure the loan. i payed them & then the day laon was to hit my bank  patrice armstong called & said lender decided not to do the laon & that onther lender sais they would do it. but i would have to pay them anouther  6 months so i canceld loan & wanted my money back they said it would hit my account but never did. the web site is baywoodlending.net & #877-810-1286 at 201 franklin st.tampa fl. but they are a scam they want money sent to canada kayla watson this time. dont deal with them.

i was contacted by Kyle Morrison 0n 10-16-09 via phone and told i was approved for a personal loan and that they will fax the contract,Kyle Morrison then stated that i needed to send a collateral payment via western union to a Sharon Teague Toronto On. Canada, in the amount of 4 months payment $1000.00, and that the sending fee will also be refunded to me, and when i did this they would have the money to me by 10-23-09, so i did everything Kyle Morrison said, Kyle Morrison told me that the money would be wired into my bank account and that i needed to give him my bank account info, so i did, and not more than 1 hr after the funds clear from my debit card to Sharon Teague via western union Patrick Armstrong calls on 10-20-09  and said there is a problem and i need to send 4 more payments $1000.00 to them to get the loan, i said no and asked to cancel the loan and he said i could never get a refund to go get a lawyer and that it was turned over the legal dept. i asked for the legal dept phone number and he again said i needed to come down to his office with my lawyer, and that they will tie my money up for years, he said to go to his office personally with a lawyer and he would kick my face in, he threatened me several times including family members, these guys are bad, bad, bad..read this and be very careful, i wish i could get the money back:(  

Advance fee personal loans are illegal in many states, and for a good reason. This is how and advance fee personal loan scam works. Scam artists posing as legitimate lenders promise you that you are guaranteed, or almost-guaranteed, to get an unsecured personal loan from them, or their supposed network of lenders, but you have to pay them or some third party a "processing fee" in advance. The advance fee can be any amount but $100 to $300 seem to be the most common.



You may be required to answer credit related questions over the telephone, or even fill out a standard credit application. The schemers on the other end of the telephone will be friendly and sound like he knows what he is talking about. Everything looks legit and unless you took the time to do a complete background check you would never know that you were being set up.



Many advance fee personal loan schemers have moved out of the US to set up shop in Canada. They advertise cheap loans, bad credit loans, and unsecured loans in the classified section of daily newspapers and in magazines. These ads often feature toll-free 800, 866, or 877 numbers, or area codes from Canada, such as 416, 647, 905, or 705. If you think about it for a minute, why would a legitimate Canadian lender be more likely to make high risk loans than a US lender when the cost of collection will be higher?



Direct mail, radio, and cable TV spots are other favorite advertisers. The newspaper, radio or TV station does not have any more information than you do. They will not find out for some time that the ads are fraudulent and you cannot rely on them to screen their advertisers or do background checks.



Legitimate lenders do not require advance fees, and in fact advance fees are illegal in most states. That is not to say that application, appraisal, broker, or credit report fees are not part and parcel of legitimate lending practices. They are. But these fees are almost always taken from the proceeds of the loan after the money has been funded.



Often the advance fees are supposedly going to third-party credit insurers. If anything this claim makes the unsecured personal loan sound legitimate. The story is that the lender can guarantee that you will get the loan because the third party insurer will guarantee payment to the lender and the lender has no risk. The slicker lenders will even fax you professional looking insurance company letterheads. Most are fictional companies or forgeries of real insurance company letterheads with phony telephone numbers.



If you do get involved in an advance unsecured loan scam and do not catch on until the very end here is the tip that almost guarantees the lender is a crook - he will ask you to pay the advance fee by Western Union money transfer. The more brazen will give you a person and not a company name to pay, or will ask you to use a password code which allows him to hide his identify.)

I'm so sorry 2 all of you my husband david & I were scammed out of $2900 by the same company..we called the property owners of the address they use & was told they had contacted postmaster bc these ppl are using this address fradualenlty..we were able 2 recover $1450.00 bc we called western union 2 put a fraud alert out and they had not picked up the last transaction yet but are still out of 1450.00 th names they gave us were patrick armstrong & kyle morrison these ppl are nothing but scam artist..they even had the nerve 2 threaten me when I called asking for a refund

I'm so sorry 2 all of you my husband david & I were scammed out of $2900 by the same company..we called the property owners of the address they use & was told they had contacted postmaster bc these ppl are using this address fradualenlty..we were able 2 recover $1450.00 bc we called western union 2 put a fraud alert out and they had not picked up the last transaction yet but are still out of 1450.00 th names they gave us were patrick armstrong & kyle morrison these ppl are nothing but scam artist..they even had the nerve 2 threaten me when I called asking for a refund

I'm so sorry 2 all of you my husband david & I were scammed out of $2900 by the same company..we called the property owners of the address they use & was told they had contacted postmaster bc these ppl are using this address fradualenlty..we were able 2 recover $1450.00 bc we called western union 2 put a fraud alert out and they had not picked up the last transaction yet but are still out of 1450.00 th names they gave us were patrick armstrong & kyle morrison these ppl are nothing but scam artist..they even had the nerve 2 threaten me when I called asking for a refund

make a ripoffreport at www.ripoffreport.com
baywood lending and post!
they have lawers....

i was contacted by gary pearson and patrick armstrong...i am only out 600 but it still sux....i was supposed to get a refund back but never happened...

They pose as a loan company asking you to send payments in advance for an secured loan that promises that payments go toward future monthly payments. After sending 4 months of payments I was asked to send an additional 4 months payments then to get a phone call the next day that the loan lender from Canada had dropped us. Concerned and stupidly we were talked into sending an additional 8 months payments for a total amnt for a loan of 12,000 dollars we  sent the additional money to this company that they call Baywood Lending locate at 201 franklin street, tampa FL 33602 there are two guys who you will talk with a loan officer named kyle Morrison, a guy named Patrick and a the famious CEO Gerge Henson is what they call them selves, we sent a total of 3,000 dollars via money gram to canada just to be scammed by these people. They send you a contract and a fax that promises your funds to be direct deposited into your bank checking account. So after contacting the building owner to ask about the buisness and the local tampa police department to put a search of cord.and location for a phone trace. Police dept or neighboring business's never heard of this company. And phone records doesn't show up to that location. The company has had multiple names in multiple locations in california, sf, and tampa flordia as well as missouri, So now we have multiple ppl involved as well as the Canadian Police in Toronto  SO GOOD LUCK to everyone and don't get caught up in this scam!

I get the same thing, they call saying that I applied for a loan online under a different name, but I never did.