Thanks peace architecture

Well if they have money we have it

Thanks to Mike and all others who posted messages about this scam. I talked to Mark Brown at Circular Finance but now they have moved on to a new phone number 888-823-0345. I was told I would be approved for a 10000 loan if I got a cosigners, then when my cosigners contacted them they said I would need insurance. This insurance fee went from 1000 down to 300 when I said if I had money why would I need a loan.Was considering it but my spidey sense said do a little more research first. Glad that I did, it's great that the Internet has forums like this to help save us from ourselves.

You fell for the advance-fee-for-a-loan scam http://www.ftc.gov/bcp/edu/pubs/consumer/telemarketing/tel16.shtm  It is illegal for lenders to require borrowers to send money up front to them for ANY reason before they get their loans. These fake lenders are criminals. Your money is gone. You cannot get it back. They will never give it back. They will keep dangling carrots in front of you like promising to refund for $275 or get the loan for $300 -- these are all LIES. Chalk it up to experience and move on.

***UPDATE***

IT IS AGAINST THE LAW IN THE U.S.A. TO ASK FOR OR TO PAY ANY UPFRONT FEES!!!!!

any upfront fees, ad advance/collateral payments, or insurance fees/premium
Under the LAW, if any of these may be required, under the Law it has to be taken out of the loan, period.
Also, the Canadian Government issued a statement in concern withe these scams coming out of Canada.
In short it states that NO banks, financial institutes, or private lenders are loaning any money to individual with sub-par credit to anyone outside of Canada, especially in the U.S.

Also if you do searches on bad credit loans, etc. There are a number of sites that come up with lists a mile longwith company names, phone numbers, email address and email extensions, emails and letters that are all known to be SCAMS.
FYI - this Guy Eddie and all these companies listed here on this site are all names.
This loan scam crap has gotten so bad that Interpol and Scotland yard have gotten involved.

So Eddie, when you read this, be forwarned they are coming for you.
My advice to you, you better start giving all these people their loans, giving the money back doesn't stop you from going to prison.
Again, my name is Mike and I can be reached at 732-678-4353, anybody cab call me any time

OK here's the deal, apparently this is a scam.  My friend was contacted by Eddie during her search for a business loan. In short she was approved for a $150,000 loan. The hitch was she needed a co-signer or something worth that amount as collateral or an insurance policy (for people who don't understand this, it's actually called a performance bond, in which has to be taken out in person under the law). After her and I discussed this for about a week and her not believing me that it is a scam she preceded to to call Eddie and move forward. Well she decided to go with the insurance way. She asked how much she could spend, she stated 500-1500. He went middle of the road, 1,000. He told her to go to western union or money gram to pay the money to longhorn insurance in Canada (company doesn't exist) or send a check by mail but if she sent a check in the mail that the loan funds wouldn't be released until the insurance Co received the check
Western union or money gram was the fastest and the only way to have the funds released to within an hour (yeah right). He also old her about all scams out there. He guaranteed the money. Well after she told me all this, I said its a scam. Well we couldn't find the websites. So she got smart and googled the phone #s and this site as well as others came up. She had called him with her findings and again he reassured her and states all of you here didn't receive your loans because you all stole someone else's identity and the insurance Co discovered this when you all sent your money (yeah right). She again explained this to me. I again started its a scam. Now I got on the phone with him and asked a bunch of questions, none of which he could or did answer. He decided to disburse with the insurance and went to collateral. Her 10 trucks were not enough, he wanted a house. I offered him 350,000 pounds or copper worth just over a million dollars. I explained to him that I am in the scrap metal industry and the copper is in my yard and is waiting to be paid for. He responded with no one uses copper as collateral, I responded with, have you ever heard of the London metal exchange??? The world's economy is dependent upon copper....
Then he said it would need to be appraised that he would fly somebody out here in a few weeks (so full of s***). Then I went back to the insurance thing, I agreed to pay but only bank to bank. Debit card, electronic check or bank transfer. He declined stating that this insurance Co only does western union or money gram, they want the cash in hand. That, that's the only way "they" could get the money right away. That was the only way they do it. The entire world runs on plastic but not this insurance Co. Who you b***s***ting??.
Any how here are some facts....
Anybody who wants you to pay money up front by western union or money gram= SCAM!!!!
Anybody stating you need an insurance policy = SCAM!!!!
Companies with websites with no address or contact info= SCAM!!!
If they give you an address and you can't see it on Google maps = SCAM!!!!
companies or people asking for money using yahoo, gmail, MSN, aol, Hotmail, etc. =SCAM!!!
Always Google and reverse look up the phone numbers.
Always check the website date created and who hosts it.
My name is Mike I live at the Jersey shore in new Jersey my phone number is 732-678-4353. Please feel free to call me reference and or concern with this company and it's many names, Eddie and or my conversation with him.

HIM AND THESE COMPANIES ARE NOTHING BUT A COMPLETE SCAM!!!!!!
I feel bad for all of you that got hurt.

Circular is good i got loan a from them also, but all is does freak me out i got the loan ,so how can they be doing people wrong.

________________
Warning: This is a FAKE post.

because i got a loan from circular on friday for 10,000 and they have  my infro for my account. So i gota make sure there good

________________
Warning: This is a FAKE post.

I'm in the process of going to western union to send money for a loan. I was told the Loan must be secured with insurance. The company is called credit yellting financial and I actually found a link to their applications on the Wall Street Journal website This sounds to good to be true
It sounds like a scam. Does any body have any information?

i got a call from guy name eddie as well told me i was approved for a loan. told me it was a secrured loan sent 600.00  and i still havent recieved my loan. dont know what to do

Beware of Credit Telling Financial!! This 1-888-812-1939 number is connected to this so called institute aswell. I contacted them, but after talking to this gentleman he informed me I needed to have insurance. Souneed fishing so I researched the company come to find out they are based in Ontario, Canada. That's when I found this site. They didn't get any money from me! Thank God I started to research this institute.

I got scammed by different (5158473692) his name is David John, i paid 150.00 by western union for a loan thqt was never given. David told me after a lengthy conversation that i needed to send 200.00 more for application fee then loan would be given, of course i never got the loan or any money back, be careful of that number also

Yes I was contacted by Eddie many times and was scammed into $500 dollars a scam he said i could back out fro the loan and they would refund my money plus 20% for there inconvenience.  Now he wont return my calls

Ok...so I contacted this guy off the internet and had heard of Payment Protection Insurance and fell for it hook line and sinker.  Luckily, I'm not out too much money - only $300.00.  Apparently, Western Union doesn't recognize a scam.  Desperate people do desperate things.  This time the company was called Credit Yellting Financial.

Yes it is a scam

Eddie does sound convincing however for anyone out there - 3 things

1) If it is too good to be true > it probably is

2)The scammers r  always using hotmail or some other large search engine

3) The scammers r always using  money gram , western union etc

Just some tips for anyone out there

Circular Financial or Circular Finance-.

Said I  qualified for a 9500 loan and that it would need to be secured thru collateral or a western union $. they wanted $ 580 to secure the loan.

I never made or applied for this loan....  it was a total scam!   Guys name was Mitchell young,  but he answered for eddie.  and his voice mail was "jeff"   said i should send my $ to Adanna Dewar.

The website they used was fake... and their company name was Circular Financial@yahoo.com.

Do not get fooled into this...--ripoff.

So today is 7-13-12 and this scam has been going on for two months. I call them everyday demanding my loan or a refund. I finally got some names and addresses and a fax number. They finally agreed to give me a refund and I am suppose to get all my money back. I dont if they really are or not but I havent give up.

I did get a call from this company they took my money but they will get what theydeservr

I wished I would have been smart. I sent them five thousand dollars. They still callimg me asking if I want a refund since I didnt receive the loan by FedEx like I was suppose to but in order for me to get the money bavk they want me to send 275 refund fee or 300 abd they say I can still get the loan. The guy handling my case is Mitchell young and his number is 18552877817. Can anybody tell me how I mifht could get my miney back. I have all the paperwork they dent me and receipts

yes this is a scam! I am a dumb a** who fell for it however and did send the 920$ for the "insurance" please contact your local police department if they call you.  I have and it has been sent to the fraud department in my city.  There is nothing real the winshawfinancial.com website is as fake as "eddie" i pray these people get caught as im out alot of money i didnt have perhaps even hung! wouldnt that be great if these people got what they deserved

thanks for letting me know this is a scam. i've been receiving these phone calls from the same person for about a week now. he is very set on trying to get me to send money for insurance or to use a car title for the loan.

I applyed for the loan Eddie did call asked gor me to do the insurance thing or put down a car for colateral has anyone actually recieved a loan from them

"YES" definatly a scam Eddie will say you are approved for a loan you sign the loan papers email them back. The scam is you need to buy a insurance to garentee the loan in cause you default on the loan. Thats where he asks you to western union or moneygram him the insurance money up front before reciving the loan money and he will not take money for the insurance out of the loan thankfully moneygram realizes scams and I did not loose any money because they contacted me asked before lifting the hold on the money and i got my money back. A learned lesson for me thanks to moneygram.

I would like to know too. I got the same call from the same guy (Eddie).

Guy called and told me i was approved for a loan. To cut long story short,  this guy name is ed and says ge works for winshaw financial. I would just like some verification if this is real or a scam.