Dempster Capital Group
Complaint 319831 Details

Yes I received a phone call from Dempster Capital group stating that I had been approved for a $3000 personal loan for people with bad credit. The Loan officer said her name was Nicole Burton. She faxed me a copy of the loan contract and how much the monthly payments would be and everything. She told me I had 3 options on getting the loan finalized. Option1 I could get a co-signer who has a 720 credit score and make at least $50,000 a year. Option 2 I could send in my first 5 monthly payments of $90 a month and It would cover my first 5 monthly payments. Which came out to be $450. Or Option 3 I could pay $1000 for some kind of insurance to cover the loan if something happens and I'm unable to make the payments. I chose option 2. So I faxed the contract back signed it an everything. Then she told me I had to do a money in minutes western union to the outside lender who Dempster Capital Group had got to loan thru. She told me to Western union the $450 to Phillip Patterson in Ontario Canada. Once I have done that $3000 would be wired to my checking account. Once Phillip received the $450 I received a call back from Nicole Burton saying that since that pulled my a couple weeks prior my credit score had dropped and lender didn't want to do the loan but if I send another $450 he would do it. So I said hell no. So then she said I could get a refund for the $450 back. But I had to talk to someone else from Dempster Capital. So that Monday I finally got to speak to someone else it was a guy with a heavy accent. He said I have another lender will do the Loan for you on 4-28-14. I told him repeatedly in an anger manner that I was not sending anymore money to anyone to get this loan. He said no you don't have to send in any more money. The $3000 will be wired in your account on the 28th. So the 28th came and still no money. So I called 1-888-261-5866 ext. 2 and I got the same guy. He said yes the money is ready to be wired to you But the lender is out of the Carribeans and you will need to pay $385 so the money can be released to me. I got pissed I had told him I was not sending anymore money to anyone I had already waited 14 days for the loan when I was only trying to get my refund of $450 and not even worrying about the $40 Western Union fee. Then he said okay I will get your refund for $450 but it takes 30 business days to receive the check. I said just wire it to my account like you said was going to do the $3000. He said no we can't do that we have to go thru a loan cancellation that's why it takes 30 days. So I tried to call back today and the number is not working.