Fraudulent Loans

During June I was introduced to Loans acceptable to buy a Concession for R15000 and was told that i could recover this cost during the first month applying there business model, nothing further was discussed as to the business model only the products, Once I paid for the business opportunity I was given a brief on there business model no training at all. The business model is simple, get as many applicants to fill in there Application form, on this form the applicant agrees to pay R349 for the service, as they claim to receive in excess of a thousand applications a day, the only thing they process is the R349 that gets deducted from the applicants bank account now receiving 1000's of applications a month at R349 per applicant is good business. the applicant thinks he is applying for a loan but all he is doing is paying R349 because he filled in the form, and when he enquires about his loan he is told that he was unsuccessful, they do this to thousands of people and unfortunately they target Black People from Pretoria and Rustenburg,   People must be careful of this company and companies like them they go by the name of Loansacceptable, and there website is believe me you will not get a loan and loose R349-00 and waste your time.

Report ID: 6767
Crime Category: Fraud
Province: Gauteng
Suburb: Rietfontein
Address: 829 Hertzog Street Rietfontein
Crime Date/Time: 1 Jul 2014, 00:07 AM
Reported By: Username6767
Reported Date: 7 Aug 2014, 09:08 AM
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