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They want him to put 800 dollars down for an unsecured loan to get 5000 loan is this a normal business practice, I heard of collateral like cars and property. never cash for cash www.leasidelending.com I could not find any reviews on them not registered with Better Business Bureau Seaside lending group 888-333-9763 20 park plaza Boston ma 02116
Um, how old are the people asking and answering these questions? What you hear from whoever is hearsay. What is it that you know? No, banks don't take cars as collateral. Cars in general are terrible depreciating assets. What? The banks take and store 20 million cars on a lot somewhere waiting for a loan to be paid off, then return the car to you? Please. Does the bank take the house as "collateral," and you live on the street paying off the loan, then you can move back in? Please come on. Banks MORTGAGE property. People can take equity line of credit out of the home if they have any equity in it. Have you ever played Monopoly? Only your neighborhood drug dealer, bookie, or pimp prop takes "collateral." Welcome to the society of credit and credit scoring. And NO - No LEGIT lender will EVER ask you for ANY money upfront to get a loan. Not even cash for a "loan app." use a real bank not some obscure email fraud lender you got. This is called a 4-1-9 scam. Here is how it works (cliff note version): 1. You give them money. 2. They take it and they are gone. 3. If the con artists think you are an idiot, they will tell you you that you were not approved and it will take more money to express or guarantee approval or whatever BS they will say to squeeze money out of you. 3. The they are gone. 4. Then you come to yahoo, and tell people you fell for one of the oldest scams ever. The company does not exist. Scammers play off real company names with similar sounds and spelling. please pay attention in class.
I looked them up on Google Maps for businesses and I went through all the businesses on Park Plaza and not once did I run across the business for Leaside Lending. They are not a legit company and just scamming people for money.
They must be very small because there are no mentions of them online anywhere. No website. No reviews. So be wary when dealing with them. The warning would be that they ask for upfront money to fund your loan.
I am also looking for the same information, they want 1050 dollars from me for a $5000 dollar loan, i really need this loan and im so scared im gonna lose my $1050. I cant find info on them either. They do have a website. leasidelending.com
I am trying to find out the same answer as well, they inform me that I needed to pay 8 months =$1,704.32 and that i would received $10,000 the very next, business day in a bank to bank transfer. I have already been scammed for to $270 in a western union transfer, this past saturday!
WOW!! I am so glad that I read this here on line, I checked further and you were right, a guy called me about a private student loan from this company and I came on line and saw this.information...I contacted the FBI Fraud Department and they give me a number to report them. Keep reporting them, it's jerk like these people, that make it tougher for people to survive in this dwindling economy, they should be ashamed of themselves!!!. DO NOT GIVE THESE JERKS YOUR Pennsylvania INFO!!!! DO NOT GIVE THEM ANY MONEY!!!
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DO NOT DO IT...I DID IT, and I NEVER NEVER got the money...it was recent, and now I have to deal with the aftermath...I actually have to take a day of work off tomorrow to contact police...fraud department, and redflag my social secuity...it was this company that did it to me....please don't do it...and it was leaside lending group....if you want to look up scams, please refer to this website: I honestly feel very stupid now...everyone I talked to today...from Better Business...to FTC, to the fraud line for money grams....told me...no where in the US will a lender ask you for money up front UNLESS its an application fee....I'm considerably in depth...and now im 750.00 down the hole... it's sad that there are people out there like that...please get the word out to everyone...I do not want this to happen to anyone else...btw...they told me today that I did not get approved for the loan, and will need to wire ANOTHER 750.00 in order to get guranteed...