Goodman Lending Network
Complaint 274372 Details

I was called and told I had been approved for a $10,000.00 loan but since my credit was bad I had to either 1) have a cosigner with a credit score of 750 or better, 2) provide a collateral payment of $900.00 dollars which would be applied directly to the principle of the loan and would make me not have a payment due until 02/2014, or 3) buy insurance which would make payments for me if I was unable too at a cost of about $1600.00. I chose the collateral payment option and had the contract looked at by an attorney. He said it appeared to be on the up and up. So I sent the money through moneygram to a Ryan Lachlan in Toronto Ontario Canada. I was charged $69.00 to send it which the representitive from Goodman Lending Networks by the name of Robin White, assured me would be refunded. I sent the money at 11:30 am and was told the money from the loan would be released that day. However at 5:00 pm I received a call from Robin White informing me that my contract had been reassessed and because of this the lender would require another collateral payment of $900.00, that once again would be put directly to the principle and would make the date of first payment 07/2014. She assured me that once I had done this the loan would be released into my account although perhaps not that day because of the late hour but for sure by 12 noon the next day 09/14/2013 which is a Saturday and today's date. So all morning I periodically check my Ebanker to see if the money had been released and it hasn't. At 12:30 I called the number given to me by Robin White (18009061440 extension 99) and was sent to her voicemail. I did leave a message finally at 1:15 p.m. she returned my call informing me that she had been in a meeting and wasnt sure why the funds hadnt been released but that she would check into it and get back to me. The next call I received however was another woman who said she was the manager Charlotte Russell. She informed me that due to them reassessing my contract my credit had took a hit and now the lender was requesting me to get the insurance to cover the loan once monthly payments started. She said the amount was $1000.00 but to help me out she had talked the company into putting up 1/2 of the amount due so I would only need to come up with $500.00 and once that had been sent via western union then she GUARANTEED that the money would be there within 3 hours. Stated that she had spoken to the lender herself So at this point I have sent 2 collateral payment of $900.00 each, with the first one having a sending fee of $69.00 and the second one $24.+, and lets not forget the lawyer to whom I paid $50.00 to look over contract. AND they are asking for more money. She will guarantee it to me but will not put it in writing and is very reluctant to have her employee information recorded. I should have known better and this is my punishment because yesterday was payday and I have $5.05 to my name. That is all. Where am I supposed to get $500.00 more when I have already given them $1800.00 in collateral payments, $93.00 in sending fees, and $50.00 to have the lawyer overlook the contract. It is terrible what these people are doing to people. They are cheating desperate people out of hard earned money. I have a 5 year old daughter, I'm in the process of getting divorced because her father had been cheating on me for 1 1/2 yr, and now this. How am I supposed to feed my child, pay my bills, make my house payment, or pay my home insurance. Ill tell you that answer I can't.