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Installment Loans Imposter

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Installment Loans Imposter Reports & Reviews (1)

Victim Location 80911
Type of a scam Advance Fee Loan

Received email from Installment Loans stating they give consumers generous lines of credit based solely on future receivables. Letter is signed by Larry Summers, Chief Executive Board Officer Member. Letter has Accredited Business logo, Federal Trade Commission logo, AppleCare logo. Address is 6720 Fort Dent Way, Ste 230 Seattle, WA which belongs to MoneyTree.

The letter included a loan agreement which stated I would receive $4000 at 6.2% interest. I would have to pay it within 40 months and send $110 to the lender every month. I would be required to send a valid photo ID as proof.

As per their company policy, I would also have to go through a "Financial test" based on the customer total loan amount. The financial test amount is subject to a refund with or without loan amount in 45 minutes on the company side.

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