Brantfield Loan Center
Complaint 49920 Details

  • Date Occurred: 12/16/2013
  • Reported Damages: $5,585.00

The complaint is against an online dating profile

The complaint is a listing fraud posted on public forums or sites against an anonymous entity

The complaint is mobile text spam or smishing related against an anonymous entity

The company or person contact no longer exists

International boundaries

Applied for a business loan on what I thought was a secure website and recieved confirmation that a lender would be in contact with me. Several days later I recieved a telephone call from Michael Kyle, who identified himself as a broker with Brantfield Loan Center. I was told that I was approved for a $100,000.00 business loan at a interest rate of 8.72 percent, 180 months, with payments of $972.00 per month. Michael said if I wanted to proceed with the loan that I should sign the loan documents that he was going to fax over to me and I should call him once I fax the information to thier accounting department. Regretfully, I did, attached to the docs was a copy of my drivers license and a copy of a voided check, that was supposely necessary to electronically deposit the loan funds into. Michael call to say the docs were recieved and that the lenders needed two months payments upfront before the money would be deposited. I sent the two payments and was assured the funds would be in my account within three to five hours or before the next morning. Did not happen. Next day Michael call to say lender required the 4,ooo.oo insurance premium, but would be willing to waive $2,000.00 if I would send the money, and he would be willing to send me a confirmation letter in writing from the Chairman of Brantfield Loan Center, Mr. Brent Samuels. I recieved a fax letter from this Brent Samuels saying he regret the inconvience and my funds would be deposited upon receipt. Once again, I sent money $2000.00, No money was deposited into my account.Did not happen. Michael called the next day and said the lender would not accept the waiver of the original insurance amount of $4000.00 and now he says that they need $1,000.00 and Brent Samuels would guarantee that the funds would be depoisted. I said no, and faxed a letter to the so call Brent Samuels asking him to honor his first letter. Michael call to say Mr. Samuels was a busy man and does not speak to customers but he would have Brent Samuels prepare the letter stating that once I pay the $1,000.00 that the funds would be deposited. Well, I gave in sent $1,000.00 and did not recieve the funds as promised once again. During all of this I asked a friend who is a broker was this the normal practice for lenders to have someone go through all of this, and after she spoke with Michael he decieved her as well by assuring her that all was on the up and up and that now the lender is requiring $585.00 because he held the loan up to long attempting to get everything completed. So now we send $585.00 and was promised funding within two to three hours at most. Did not happen. Michael call to say he had to change lenders but not to worry he managed to get the same terms and rate however this lender does not do wire transfers and that a check for $1000,000.00 and docs, and payment coupons was mailed to me and I should hav it within 5 to 7 business days. I asked him how was the funds sent he said regular mail. I asked why would someone send that amount of money regular mail and to verify the address the check was been mailed to. He said if I don't recieve him call back and he would have another check sent to me. No check. Placed several calls he would not return calls. Talked to a customer service rep. name Bryant who said Michael was out for a few days and that no check was sent and that I needed to pay $1,ooo.oo lenders fees. Absolutely not, so Bryant said Michael would be back the next day, and that the letters came from Michael Kyle and not Brent Samuels and that I could not get a refund of all the monies I sent them. If you dial the telephone number to attempt to contact them the phone rings one time and then a busy signal. I notified the FBI who forwarded me to the Rhode Island State Police, my next step would be to contact the Attorney General's Office. Please dont fall for this as I did. However, I am believer that you reap what you so... and somehow they will pay.

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Business Profile Summary

  • Brantfield Loan Center logo

Company Statistics

  • Complaint Against Brantfield Loan Center
  • Complaints Filed: 10
  • Reported Damages: $13,571.96
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