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I was contacted by this company a few weeks ago. A "Penny Fisher" said I qualified for a $20,000 loan thru a private lender. I was required to send in a $1220 deposit for a supposed "insurance policy". I sent my money on 10/31 by Western Union to my supposed lender...an Elizabeth Fiqueroa in Ontario Canada. I was then promised that "everything went thru ok" and I could expect my loan to be deposited into my account by mid afternoon on Saturday. When it didn't post, I didn't think much of it as my bank doesn't post over the weekend. This morning I get up to find again that it has not posted and my bank confirms no money has been received. So I call WorldWide Loan Consulting and speak to Penny Fisher who says she promised by 6pm this evening and to call her back at noon. I tried until 4pm and left several messages before she finally answered. She then states "after further review of your credit, your lender has requested an additional deposit because you are high risk". I told her I no longer care about the $20k and just want my $1220 sent back to me via Western Union. She says they can't do that, that there's a 30 day return policy and it could take up to 6 weeks afterwards. She said my money is "tied up in an FDIC account" and is not in the possession of my lender, although I had called Western Union earlier and they told me it hadn't been picked up till 730am this morning. THIS COMPANY IS A SCAM AND I WANT TO WARN ALL POTENTIAL CUSTOMERS NOT TO DO BUSINESS. I HAVE EVEN CONTACTED TO FEDERAL TRADE COMMISSION WHO SAID THERE IS NO WAY TO GET MY MONEY BACK BECAUSE OF SENDING IT WESTERN UNION TO AN INDIVIDUAL PERSON. This Penny Fisher even had the nerve to tell me I'm "welcome to visit them in New Jersey, but it won't get my money back." CONSUMERS BEWARE!!! IF YOU'VE ALREADY HAD PROBLEMS WITH THIS COMPANY CONTACT THE FOLLOWING COMPANIES AND FILE A COMPLAINT IMMEDIATELY! Federal Trade Commision: 1-877-FTC-HELP Better Business Bureau of New Jersey: 609-588-0808 Consumer Protection Agency: 800-382-5516

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Q: Has anyone heard of worldwide loan consulting they are on the BBB website but i have never dealt with them before. i have bad credit and i was approved for a 5000 loan-any advice?
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