Premium Lending Group

Total money lost $1,000

Type of a scam Advance Fee Loan

They send me an email that I am qualified for a $ 10000 loan but need to pay upfront fee as a security.

Type of a scam Advance Fee Loan

The company send me an email that I was approved for a personal loan but I have to buy a security plan for the loan which is $1020.

Total money lost $2,000

Type of a scam Advance Fee Loan

I received a call from this Premium Lending Group saying I was approved for a specific loan amount. She said her name was Sarah Richmond and she was a loan officer with this company. She then told me it was a secured loan and that in order to release the funds I needed to send $2000.00 for it to be released into my account. Sent her my info and everythingI and now I have received nothing in return. She has you either do an e-transfer or will give you the name of someone to deposit the money into their account. Have been trying to contact her and the company and nothing. Makes me angry this has happened. Hope this helps so someone else doesn’t fall prey to this company.

Total money lost $1,250

Type of a scam Advance Fee Loan

Called to approve me for a $20000 loan and had to eithe pay $1250 for an insurance colateral or get a cosigner. I paid them and then their phone number went out of service and I lost my money

Type of a scam Advance Fee Loan

I applied for a personal loan and received a phone call from this company advising that I had been approved for up to a $20000 personal loan. I could either have the loan co-signed or I could pay either $1000 up front as insurance against a $10000 loan or $1748 for a $20000 loan. I researched the address that was provided and they do not appear to be at that address. I also noted that the Province of Ontario has enacted legislation preventing any legitimate company from charging upfront fees against loans.