Herewith is the correspondence they have sent.
After complying now they are asking for payment
LITTON LOAN SERVICING LP.
9th Floor, Capital Tower, 87/1
All Seasons Place, Wireless Rd,
Benin City, Nigeria.
Our Ref: LLS/023/10
Your Ref: LP/321/10
Date: January 26, 2011.
Attn: Majorie Amor Dagalea,
This note is to apprise you that your loan request has been processed and our liability to approve this loan request is subject to your acceptance of the loan terms and condition of the company's insurance policy. We observe a keen delivery policy which is anchored on an efficient and human rescue approach backed by the service delivery strategy of the 21st century and a positive mind. All customers are expected to exhibit high level of Efficiency, Integrity, Devotion, Honesty and productive character.
Litton Loan Servicing LP have been providing financial services for over 20 years. We provides a full suite of financial services and products including competitive repayment terms, second secured loans, first charge mortgages, multiple charges, bridging finance, for first or second charge situations, secured loans, personal loans for any purpose, loans for purchases at an auction, re-mortgaging services, buy to let loans and a host of other loans that consumers require from time to time.
Our aim is to effect an all round change through professionalism and commitment to the financial needs of all communities and their people and this should be the target of all borrowers and associates. There are Three different methods through which the principal loan amount will delivered to the borrower whether individuals or corporate body, These are:
1. Bank to bank wire transfer
11. Courier service delivery
111. western union Transfer or Money Gramm
TERMS AND CONDITION
Certifications: The borrower certify under penalty of perjury under the International law that the information Provided below is true and accurate and he/she is over 18 years of age and mentally competent to contract.
Interest: Both parties have agreed that the Loan shall bear interest of 3% per annual. However, in the event of a default in payment, interest shall be applied from the date of default at an annual rate of [5%] per annul unless otherwise agreed in writing between the parties.
Payment: Payment shall be in accordance with the terms of the Note. The Note may, at any time, and from time to time, be paid or prepaid in whole or in part without premium or penalty.
Security/approval requirement: A scans copy of borrower’s identity card or utility bill payment receipt is required.(b) The loan financing contract paper work will be signed by both parties. (c) Borrower shall be responsible for paying the insurance cost of the loan.
Default: The borrower shall be in default if any payment due here under is not made within  days of the date due.
Repayment: The loan monthly repayment shall be paid into the company's account that will be provided after the loan has been approved and transferred
Loan repayment schedule
The Borrower shall pay to the order of the Lender the sum of ( $2, 578.88 This note shall be paid as follows
Loan Balance: $2, 500.00
Loan Interest Rate: 3.00%
Loan Term: 2 years
Monthly Loan Payment: $107.45
Number of Payments: 24
Cumulative Payments: $2, 578.88
Total Interest Paid: $78.88
Note: The monthly loan payment was calculated at 23 payments of $107.45 plus a final payment of $107.53.
MODE OF TRANSFER: Find below our delivery options which you are required to choose the one that is most convenient for you and get to us for payment directive.
Bank to bank wire transfer
Courier service delivery
western union Transfer or Money Gramm
REGARDLESS OF ANY OF THE ABOVE OPTION, THE INSURANCE CHARGE OF YOUR LOAN PRINCIPAL IS $52
However, for insurance purpose please furnish us with the below information of next of kin. This will enable us to proceed with the transfer procedure.
Current Status at place of work...
Preferred Time to Call:...
Preferred mode loan transfer:...
Thanks for your anticipated patronage.
Mrs. Patricia Raymond
Chief Loan consultant/Fund Manager
Litton Loan Servicing LP
Copyright Litton Loan Servicing LP© 2011. All Rights Reserved.