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Centralfinancialloans.com Reports & Reviews (2)

• Mar 18, 2025

applied for a loan through Central Financial Loans website, received a call from Felix Jones who was a representative of the company. He reviewed the loan options, terms, and sources of loan guarantee. With using the loan guarantee option it was a total cost of $1130.00 up front but was willing to accept less in order to get the loan set up and approved. Loan documents were sent via docusign, paperwork seemed to look like a legitimate contract, payment was sent. Being this transaction took place on a Saturday funds were to be transferred and should appear in my account on Monday. I reached back out to Felix with no response, I was able to get a response via text indicating he was looking into it. When I still could not get any follow up or response I tried calling from different numbers and still no response. I immediately contacted my bank being my banking information was shared and filed a police report.

• Feb 21, 2025

Today, I had a **close call with a loan scam** that nearly cost me **$1,700 CAD**. It all started when I applied for a loan, hoping to get some financial support. Shortly after, I received a **call saying my loan application was approved**—which seemed like great news at first. But then, things started to feel **off**.

The representative told me that since I **didn’t have collateral**, I would need to get a **“secured loan”**. Sounds legit, right? But here’s the catch: they said I had to **pay $1,700 upfront for an “insurance policy”** before they could release the loan. They claimed that if I ever defaulted on payments, the insurance would cover the loan.

?? **RED FLAGS STARTED POPPING UP:**

- **They demanded money upfront** before I even received a single dollar.

- **They pressured me to pay immediately**, saying the offer wouldn’t last.

- **They gave no official documentation** to prove this so-called “insurance policy.”

- **No real lender asks for money first** before giving you a loan.

At that moment, I knew I was about to be **scammed**. No legitimate lender will ever **ask for upfront payments** before disbursing a loan. It’s a classic scam technique designed to **take your money and disappear**.

Thankfully, I didn’t fall for it. But this could happen to anyone. **If a lender ever asks you to pay for insurance, taxes, or fees before giving you a loan—RUN!** It’s a scam.

Stay vigilant, folks. The scammers are out here working overtime.

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