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Canada Lending

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Canada Lending Reports & Reviews (6)

I was contacted via email stating that I was approved for a $10,000 loan @ 10% interest for 6 years. Also, since my credit isn’t very good they required a $385 insurance fee to be paid immediately before the would proceed with the loan. I researched the website and found that all links on their website redirected me to a different website belonging to CanadaLending.com which is an accredited business through BBB. I contacted them and they confirmed my suspicions stating that they have no affiliation with CanadaLending.loan at all and that I should contact the police if I was a victim. I didn’t send them anything and told them I wasn’t interested. I also have several other emails from them and the email from CanadaLending.com if needed.

I received the email below plus attached file:

Canada Lending

Attachments

May 2, 2019, 1:15 PM

to me

Your application for $10,000 CAD has been approved for 6 years at 10% with monthly repayment being $185.26 CAD per month. You will be paying back a total of $13,338.60 CAD which represents principal and total interest. Attached for your review and agreement are a commitment letter, loan agreement, insurance overview and disbursement form confirming the credit facilities available to you.

Credit & liability insurance is a plan to protect and secure the loan from Job loss from redundancy, death, and disabilities. You the borrower is protected and will not be affected for any missed payment(s) for the insurance plan purchased. The loan insurance is set for a one-time payment of $385 CAD and is 6 years’ credit & Liability insurance plan. Insurance amount must be paid before disbursement and can be paid via PayPal or Western Union.

You are also required to send us a copy of the following:

Identification

Last Payslip

Proof of Address

Funds disbursement method: Cheque pickup, Interac’s e-Transfer or Direct Deposit

Disbursement is usually processed 2 hours after document verification and takes 1 to 15 minutes to hit your account. Please review the attached documentation and contact your assigned loan representative, should you have any questions or inquiries regarding this contract.

--

Loan Processing Department,

Canada Lending

[email protected]

Payment was requested again with the email below:

[email protected]

May 4, 2019, 1:05 PM

Send it to [email protected] asap and send screenshot when done.

Then when I submitted documents and the $385, I received the email below:

[email protected]

May 6, 2019, 3:20 AM

to me

How there, we are here going over the final review of your account and have successfully reserved your funds for disbursement in the morning however, the system did an incorrect calculation of your fees and its showing you are outstanding $289 CAD.

You need to settle this asap via PayPal. When can you do this?

---------------------------------------------------------

This is a scam and as of today they have run away with my $385

I got an email from canadalending saying I was approved for a loan. That I needed to send them my ID and all that. When I asked questions about the loan like if I had to pay before I got the loan. They said yes I needed to pay for insurance. So I asked more questions, like why cant it be taken off the loan? They then got mad and told me I wasnt serious and they were deleting my file. When I emailed back said I am serious, I do need a loan but I have bin scamed before and didnt want that to happen again. They then said that they suggest that I get to looking up some different search words. They want money before you recieve a loan. And no loan company can ask for that.

This company email that I was pre approved. That I need to send more information the basic that any company ask for. After sending the information thinking it was another company. I received an email saying that how I wanted my loan to sent to me. And that my Insurance fee is still outstanding along with your back's name, branch and account #. Direct deposit will come from their account at bank of America

I applied for a loan with Canada Lending and I was approved for a $2000.00 loan.

I was told it was a secured loan and had to send that Insurance fee of $86.52 and the Insurance Provider only accepted payment by Wrold Remit or RIA. I tried to send payment by World Remit and its took days so I had to cancel my transaction. Canada Lending emailed me to send funds by Western Union or Paypal. I sent money by Paypal and they accepted the money right away.

I asked when I will be receiving my loan and they said to wait as it was being processed.

I haven't gotten a reply back from them.

I emailed them back a few times asking to send the loan by Interac E-Transfer as that's how they said they were going to send me the funds.

I warned them about filing a complaint on them and haven't gotten a reply back.

They even sent me a link stating that they have a good profile with ScamPulse.com and I clicked the link and it shows a totally different website, phone number and location. the phone number they provided on their site I called and it says the cellular number you called is not assigned.

I know I got scammed out so here is my complaint.

I applied for a loan or so I though on line and the they wanted 385.00 up front for insurance.

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