Union Capital Trust
Complaint 8848 Details

My name is Stephen Hartog and I currently reside in Lowell, MA. and, as in the words of Dion and the classic song 'Runaround Sue', here's my story, SAD BUT TRUE... A month or so ago, I had been searching the internet for various loan possibilities, as I am desperate
in obtaining a personal loan for a 'much needed' situation involving the return of my automobile and the funds needed to cover other necessary expenses that go with it's recovery... although I had been turned down by most lenders, I had also been offered a small amount of funding, by a few, to help in my cause... it was during this time, that I had received a call from the 'good folks' (??) at
Union Capital Trust in NY.. I was told that I was able to receive a $5,000 Loan over a 12 month period at an interest rate of 6%, based on the information that I had provided them... the initial step in this process, was to first sign a Contracted Agreement with this company,which I did online and had faxed the information that they requested, right back to them... the next step was to wire $806.00 (to include Service Charges) to someone named Monica Moreno in Barcelona, Spain (the reason for this action was due to (as they claimed) the fact that there was No Lender in the US that would be able to deposit the funds I was promised... these funds ($5,000) were to be deposited into my Checking Account over the next few days... needless to say, the funds never made it into my account as promised and the company's reason was due to the fact that, I had Not Read the Contract completely and there was a provision that stated that 'the Lender has right to determine the amount of initial payment to them'.. this,after I was told that all I needed to send to receive my money, would be $750 plus Service Costs... by the 4th day of not receiving my 'promised funds', I contacted Union Capital Trust regarding my situation and was told that "the (so called) Lender needed an additional amount of $750.00 in order to proceed with our agreement... I was given an opportunity to refuse and get my money refunded into my account on the 3RD of August, as that was their next Pay Period... as of this writing, Thursday 8/4/20011 @ 8:20 AM (EST), I have Not Received the promised refund into my account... I am a disabled veteran, who receives Social Security Disability on a monthly basis, and who relies on this minimal funding, to help my wife, my son, and I get through each month... as you can understand, I feel like I had been taken for a good ride by this (fraudulent and abusive) company and would very much appreciate ANY ASSISTANCE that can be provided in obtaining my funds back...
I had tried calling this company a number of times, but to NO AVAIL, as I keep getting wrong extensions (even to a number they list as Customer Service)... my dilemma is quite frustrating and stressful for me, as I had to put off paying some necessary bills, due to this situation and now find myself in a so-called 'world of hurt'... my sincere thanks for your kind concern and consideration!!

Stephen Hartog
(Personal Info Removed)