Cash View Loan Company

Beware of a so called loan company. They advertise that they charge only 3% interest on loans, but this is a scam !! The company is Cash View Loans and they do look legit but they are not. The 'Head loan officer' is a Dr. Johnson Smith. They have an address situated in Cape Town that checks out, but be aware. They took an estimate of R10 000 from me. They keep telling you to make small deposits to them regarding legal steps on releasing the loan.

Report ID: 14874
Crime Category: Fraud
Province: Gauteng
Address: Nation Wide
Crime Date/Time: 16 May 2016, 13:05 PM
Reported By: TiaanM96
Reported Date: 14 Jun 2016, 13:06 PM
Related Link: View

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  • Lola30 1 Jul 2016, 01:59 PM

    Please be advised everyone, legitimate LEGAL loan institutions will never ask you for an upfront fee to secure a loan. Any fees that are incurred will be taken from the monthly repayments. Any place or person offering loans either using a free mail service like gmail or yahoo or any place or person offering loans that asks for upfront fees are no legal lending institutions and are only in the business of scamming you. They will ask for more and more money while dangling the loan in front of you like they are dangling a carrot in front of a horse. You will pay and pay and pay but you will never receive the loan and in the end you will just be plunging yourself further into debt. Please do not allow yourselves to be the victims of these fraud scams anymore, let us all educate ourselves in order to preserve our hard earned money.

  • TiaanM96 1 Jul 2016, 11:46 AM

    That is exactly what happened to me. And the worst of all is, they take it from people who can't afford it.

  • noni98898 1 Jul 2016, 09:34 AM

    These people keep on coming legitimate explanations as to why you have to pay the amount they request from you, then you end up paying a lot of money but dont get the loan

  • TiaanM96 30 Jun 2016, 09:47 AM

    No, never met because I live in Gauteng, and his so called "business address" is in CapeTown.

  • Mamudt 29 Jun 2016, 08:24 PM

    I believe that it's true what your are saying TiaanM96 and that you have to make payments everytime.You never meet with this so called Dr. Johnson Smith.

  • TiaanM96 20 Jun 2016, 04:09 PM

    Well, they asked me for money three times, every time with a legitimate explanation. I wanted a big amount and these were small ones, evetime less than R2500.

  • Report A Crime 16 Jun 2016, 07:42 AM

    How did they take R10 000 from you when you needed money from them?

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