We had a letter from this company too saying our £1000 loan had been approved, we had never asked them for a loan, but several months before had asked and received a loan from another company so I guess they got our details from them or the broker who put us in touch with our company. Anyway the letter arrived just a couple of weeks before we were due to go on holiday, and being a bit skint we thought we would have the loan. Phoned them up they said they would send us a form to fill in and would receive our money within 5 days, no mention of having to send them nearly £50 first! Decided to look the company up on here and came across this site - Glad I did! We got our letter then next day asking for a postal order or bankers draft or if we must a cheque ( which takes 5 working days to clear). How naughty of them! I've written a letter and put it in with the form telling them that they nearly ripped me off like they have many others but found some interesting reading about them on the internet which changed my mind! I don't suppose I'll get a reply but it made me giggle when I posted it!