Monroe Financial Advisors
Complaint 52370 Details

We asked for a loan and were told we would need to send $1800 via Western Union + the $161 fee for Western Union. We were skeptical, but my husband spoke to Terri Osorio and pounded her with questions. He explained our fear of being scammed and she assured him this was a legitmate business. I checked the internet to see if I could find anything negative about them, and at that time, there was nothing posted. Reluctantly, we sent the money and were told the funds for our loan would be in our account the next day. That did not happen. We have good credit, but Terri called my husband and told him that we would need to send another $2900 for insurance to cover things like loss of a job, death, etc for our loan. He told her we just didn't have it and to please refund our money. She said it would take 15 days to get our money back. We asked her to send it to us overnight through Western Union, just as we had done and she said she could not because that was just procedure. We should have had our money back last week and we have not received it. This company quit taking or returning our calls and will not respond to e-mails. We have made a report with the better business bureau and filed a complaint with the attorney general in Florida. Hopefully they will catch these crooks. I don't know how they sleep at night preying on innocent people the way they have. By the way. my husband was contacted by Monroe Financial after inquiring about a loan on a website called: http://creative-financial.net/about.html.

Please beware of both companies. Looking online now, they are both scams.