Bad credit assist! experiences expertise please. process of a loan and is comfused!?!? Hello fellow members, I am if truth be told looking through

Hello fellow members, I am if truth be told looking through this one company www.eastpointlending.com trying to get a personal loan and I hold been working near one of the consultant. I have gone over the contract and everything is looking legal but one thing that it requires is a collateral of a sum of $700 upfront which will travel towards my loan. I have near address and telephone numbers but the merely problem is I live in California and the lender is within Connecticut. Can this be a scam? Can this be legitimate because this loan seem to good to be true because as a rule if things are to good to be true it is. I have need of help paying my debts, but I dont want to create any bad judgment. So please help me! I enjoy the contract in appendage faxed to me, I have in attendance address, unfortunately here not in bbb.com. what should I do?!

Hi,
I used "Credit Solution" to settle my debt and improve my credit mark.They managed to make smaller my debt up to 58%.It's legitimate.I come across this company on NBC News Special Edition.Check it out here:
http://doiop.com/e560kf

If you enjoy a bad credit history still the loan souk place is full of lenders who are ever willing to proposition you a fresh loan. But you should be meeting some conditions laid down by the lenders. Loans for bleak credit people are contained by fact easier to grasp then they be ever before, gratefulness mainly to cut-throat competition amongst the lenders. Lenders are giving loans to the bleak credit people who hold late payments, gift defaults, arrears, county court judgment or any credit problems. These loans are available for any purpose like home improvements, purchasing a exotic or used car of your choice, for marriage and holiday tour, debt consolidation or for paying child��s tuition fees.

Every lender in approving loans surely like to see if the bad credit borrower have sufficient capacity to repay the loan contained by timely manner. If the borrower earn well, have regular bank be a foil for, has be an employee for some years and have a convincing loan repayment plan in place, afterwards the lenders do not usually hesitate much. So ensure that you own adequate repaying dimensions before applying for a loan. Also, you should first check your credit report for any errors. If your credit gain is too low then you would be charged a especially high rate of interest. So it is advisable to first settle up off some trouble-free debts to improved credit mark and then you should apply for loan at better rates.

http://loan--house.blogspot.com/

SCAM!
Never put upfront cash as collateral for a loan.
If you do, you'll never catch the loan, you'll never hear from this company again and your $700...gone!
I found another question similar to yours next to a responder that told about their experience.
They want you to convey your payments to Canada via Western Union or Money Gram.
They gave the first 5 monthly payments and never saw the loan.
There is no East Point Lending at 400 Atlantic Ave contained by Connecticut.
East Point's website is www.eastpointlending.org and copyrighted in 2008.
And Connecticut's BBB have never heard of East Point Lending.
**Legitimate loan companies would not use free e-mail services.
Brown B and Jay L are newly two of the scammers offering this junk. Beware of those that donate "legit" loans on YA. Your instincts are good. Their .org website be registered on March 12, 2008. No website for .com. That doesn't mean that it's a scam perse, but why risk a loan next to such a new outfit. Plus, their website have only 6 links to it. Most legit businesses own over 10,000 links. I'd try prosper.com or zopa.com or lendingclub.com for a personal loan. These are much bigger companies than eastpointlending. just so you hold choices. best of luck.

Beware of such companies..These companies will make their money contained by a lot of different ways. They will usually only charge you a set up fee and a monthly levy that is rolled into your monthly payments. In enclosure to this they will also get a reasonable share percentage of what they recover from you from the credit companies they are paying sour your debt to.
When you start their program make secure that the payment is sent within with plenty time left surrounded by the month in directive to send out your payments to your outstanding creditors and debts. If you do not do this you will winding up up being charged next to additional deferred fees and could hurt your credit rating even further then you already enjoy hurt it.

But instead of taking a loan you can contact a debt consolidation company and they can provide you with the Debt Management Plan. There is one which i know which is reliable http://ezconsolidation.com

I am skeptical of the 700 upfront allowance and would urge you to go to www.ripoffreport.com and see if nearby are others there that enjoy complaints. I sent them 1500.00 and they ripped me bad I am working with the maine attorney standard and consumer protection agency, i had bankers and a advocate look at my contract, and it is legit but the company is not I urge you to not send them money right very soon the consimer protection agent in Maine is working near phone busters and moneygram since they ask you to wire the money to set up a sting because they are ripping tons of population off. I enjoy contacted the CT city clerks office in attendance is no business licensed in the state beneath that name and I own contacted and reported them to the FTC and where I be stupid enough to transport them my ss# and copy of my drivers license I had to freeze my credit and wallet a report of stolen identity.

Please please please DO NOT do it! They of late scammed my husband and I. We sent them the 1st five payments..$1500 and they called demanding more money and wont return ours. It is a SCAM! I contacted the BBB and they own other complaints also. I checked into the address on the contract and called the actual bureau building at the address and there is no EastPoint Lending at that address.
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