Scam Type
Credit Repair/Debt Relief Scam
Business Name Used
Unavailable
Date Reported
October 24, 2023
Postal Code
70555
Total Dollars Lost
$ 1363
Scam Description
I was searching online for personal loans. I was contacted by a company claiming to be “Lending Club.” First, I was asked to send $150 via cash app to show good faith in ability to pay for loan. Second, I was asked to purchase a Walmart Money Card in the amount of $485 for document processing fees. Then, I was told I would have to send $419 more dollars to pay for an ACH transaction and pin number since I didn’t bank at a national bank. Lastly, I was asked to purchase another $319 Walmart Money Card for document processing. I finally knew this was a scam when they asked me to send another $840 to pay for a wire transfer since my bank was not accepting the funds into my account. In total I lost $1363 that I am trying to recover from Walmart Money Card Services. The $150 I originally sent via Cash App is not being refunded to me because the Cash Tag Handler has already taken the funds. BEWARE OF THIS COMPANY! IT SOUNDED TO GOOD TO BE TRUE! AN $8000 PERSONAL LOAN AT 1.9% INTEREST RATE. I will keep trying to recoup my loses as I am a single mother that was just trying to consolidate bills to make each month easier to manage and live.
