The complaint has been investigated and
resolved to the customer's satisfactionResolved Allied Capital Finance Corp — Scam and cheating
resolved to the customer's satisfaction
Beware of the company named ALLIED CAPITAL FINANCE CORP. They're just a company who scams people who are in desperate need of money. Mine happened on January 16, 2009 i was in a hard financial situation that i needed money. So i went and looked at the internet for lenders who would loan me since i only have limited credit.
Then i came across Allied Capital Finance Corp. I filled out an application and two days after I got a call from a guy named Robert Jensen (which i am guessing isn't really his real name ) he told me other banks wont approve me since i only have limited credit but he did get me approve with a private lender named Frank Lambert who lives in Denver Colorado for the amount of $7000.00. He said since i only have limited credit the lender wants me to provide a collateral. He gave me this options: Vehicle/Mortgage Collateral, Security Deposit or a Co-Signer. Since nobody wants to co-sign for me and i didn't want to put my car for the collateral i went with the option of Secure Deposit. He told me i need to send him $829.68 for my secure deposit thru Money Order. Like I said before i was in desperate need of money that i didn't think about how suspicious it is that a lender wants me to send my secure money thru money order. So i sent my money and gave Robert a call since he told me once im done sending the money thru money order give him a call.
Gave Robert a call and gave him my reference number so that the lender can go pick my secure deposit up. He told me that i should be getting my money wired to my account within 24 hours. So i waited and my money never came. I gave Robert a call and asked him what's going on with my loan, he told me that the lenders insurance wants me to put another $450.00 for my secure deposit. I told him ok ill send another $450.00 to him. He said after they receive the reference number to the money order for 450.00 it should only take about 6 hours to wire the money in to my account. So I waited for six hours but never got my money.
So I tried calling them for about a week but no is answering their phones, I left voicemails and no one returned my calls. Then thats when I got all suspicious about the whole thing so i did a little research on the company, came to find out on my research that they scammed another person. So i gave them a call and finally someone picked up she said she was the supervisor or manager. She said that they've been trying to call me but couldn't get a hold of me for some reasons. Anyway I asked the manager whats going on with my loan and she told me that i still need to send more money in, thats when i told her i don't want to do the loan anymore. I told them i want my money back. She was fine with me not doing the loan anymore and told me ill be getting a check in the mail by friday which will be on February 6, 2009, but never received any check from them. I am sure i wont be able to get my money back and probably will be struggling on how i am suppose to pay my tuition and bills at the same time.
SO PEOPLE OUT THERE BEWARE OF THIS COMPANY:
ALLIED CAPITAL FINANCE CORP IS A SCAM!!!