Winfield Lending Complaint

Winfield Loan Scam - Loan Approval

- Raleigh, NC
I was looking online for a loan to help pay for some bills for my 18 month son and I. I applied for so many that they began to run together. Anyway, I received a phone call from Winfield Lending group on November 18, 2008. I didn't answer, but got a voicemail saying that I was approved for a $5000 secured loan. All I had to do was to send 5 payments upfront totaling $759.00. I was a little hesitant at first because that is a lot of money. They said I could wire it to get the funds by the next business day. I was desperate, so I sent the money by moneygram at walmart. I was told to call back with the reference number which I did. Then, they said I should receive the money in one business day.

However, the next day I got a phone call from customer service saying that the private lender was requesting an additional 5 payments totaling another $759.00. I really needed the money, so I asked my month for the additional payment. So, I went through the process one more time.

Next, I got a phone call December 1, 2008 from the Executive Accountant directly under the CEO. He said that the private lender backed out and I had two options. I could get my money back on the 17th of December 2008 or I could get another loan, but it was a 10,000 loan. However, I would have to send in 10 payments totaling $1518.

At this point, I was completely outraged. I waisted so much money and time with these people. I stated that I wanted my money back and I complained on how they do business. The Executive Accountant argued back and said that I was being childish. I don't see how anyone can speak to their customers the way he did. I hope to get my money back. I will have to wait and see. I just don't want anyone else to act as foolishly as I did with their own money.

Read Next Complaint >>








Email Story   |   Comment on this Story



Read more consumer reviews from Complaint Catalog -> Financial Services

Reader Comments:

Posted by cgreen on 12/02/2008
I was reading your story and I wanted to know who it was that you spoke with? Reason I am asking is because my story is the Oakdale Lending Group and after reading some of the other stories in regards to this company, the name Donald G Winfield, who is supposed to be the CEO of this non-existent company. Now I see they are going by Winfield Lending. PLEASE, be sure to report them to the Atty General's office in your area and theirs. I had to contact all financial institutions because they had my information. Before I got my bank acct changed, I started seeing small fraudulent charges on my acct. Please act fast.



Home    Consumer Resources    Browse Complaint Catalog       Terms & Conditions/Privacy Policy    Frequently Asked Questions

Copyright 2005-2011 Complaint.TV       Questions? E-mail us: admin@complaint.tv