Hydra Financial Limited Fund II
Complaint 165264 Details

I received an email that was a "statement" from this company regarding a "short-term" loan with 735% interest on a $300 loan. My full name, DOB, SSN and checking account number were located on this "statement", which alarmed me. I went to my bank the next day, found out Hydra Financial deposited $300 into my account a month earlier. I contacted the "lender" at the toll free number, filed a police report, filed a report with the FTC and contacted a lawyer. Notified credit bureaus of a fraudulent loan. I faxed the police report to the fax number customer service gave me (855.487.1392). Customer service supposedly faxed the police report to the lender, but they took $90 out of my account after they told me they would take back the $300 they deposited and I would not be responsible for the interest. I told them I would return $300 minus the $90 they already took (at the advice of my attorney) but only by money order or cashier check. They said they would not accept that. Only check or credit card. I've closed my bank account and changed banks. It has now been sent to "collections" w HBC Services in Atlanta, GA. I'm sending them by certified mail all of my reports as evidence of disputing this. They are now saying I owe them $510. Good luck to anyone else dealing with this. Close your account and document everything.