Has anyone been scammed by Winford Financial?

Thursday may 9 i received a phone call from Chris Hudson a consumer rep from Winford Financial. I was told that i was approved for a $5,000 loan. I had to pay the first 8 months of collateral, that the money should be sent money gram to a private lender in Canada. I was guaranteed this loan the same business day, direct deposited into my bank account. I never received the loan or a refund!!! i called them Monday May 12 and was told by Kevin Neely that the lender had backed out on the loan. I was told that i would get my money back on June 6.
I would like to find out what steps those of you who have been scammed by this company have taken to prevent identity theft or more damage to your income. I wanna try to start a group to decide what actions to take against this company. my contact info is orangechopper17@yahoo.com
let me know if any of you have any ideas on how to get this resolved. Contact me asap. was told by the FBI the longer we wait the harder it will be to catch them. help

The same thing just happened to me. As of last week I received a phone call from Monica Sterling stating that I had been approved for a $10,000 loan. She went on to explain that since my credit wasnâ€™t good enough for a loan through a bank, that they had to go through a private lender. She said the loan would be for a 5 year term at $195/month, but the lender needed the first 6 months paid down as a deposit, and that the money would go towards my loan, so, I wouldnâ€™t have a payment due until November. So, she had me wire $1,170 to a Shirley Grady in Putnam. Ontario, Canada, through a Moneygram. I called Monica Sterling back with the reference number and she told me the funds would be deposited into my checking account in 24 hrs.

The next day, Saturday, May 10th, I received a phone call from Kevin Neely saying the thereâ€™s been a problem with my loan, that the lender re-assessed my loan, and because of some credit issues, they needed another 6 months deposit for collateral, but it too would be put towards my loan, so I wouldnâ€™t have any payments due for a year. When I tried to argue the fact that I was already in a legal contract with them for the loan, Kevin Neely said that the lender has a legal right to re-assess the loan once, but they canâ€™t do it again, and if I send the next 6 months deposit, they were in legal binding to have the funds released into my account within 3 hrs. So, on Monday, May 14th , I again, sent $1,170 in a Moneygram, to Shirley Grady. I called Kevin Neely back with the reference number, and he said the funds would be in my account by 2pm, Eastern time. At 2:30pm, I still hadnâ€™t received my loan, so I called Kevin Neely, and he said that they would be there within the hour, and if they werenâ€™t, to give him a call. At 5:30pm, I still had no funds, so I call Kevin Neely and he tells me that the lender has backed out of the contract. When I argued that they couldnâ€™t do that, cause it was a legal contract and they were bound to it, he agreed, and said they were going to take legal action against them. I then asked what I was supposed to do, cause they have all my money, and I need funds in my checking account for my bills. He said I had 2 options, 1. He could try to get a loan for me through a different lender, or 2. They could refund my money. I told him to try to get it through another lender, cause I need the loan.

On Tuesday, May 13th, I called Kevin Neely, and he said he could get me loan for $12,000, a 5 year contract, at $235/month, that they would put all the funds I have given them towards the loan, but since it was a bigger loan, they needed another $670 for collateral from me. When I told him that I had no more money to give them, he said the only other option was to get a refund, but it would be June 6th, before they could refund it. When I asked, why is it I can wire them money in about 20 min., why does it take them about 3 weeks to get it back to me, he said their booking was done twice a month, and the next time would be June 6th.

Thatâ€™s when I found your forum and found out I wasnâ€™t the only one this is happening to. I called Kevin Neely today and told him I found out they were scamming people, that I have called a lawyer and the FBI, and I wanted a refund, he didnâ€™t argue with me at all. He just said I would have a certified check in the mail, in the amount of my refund, by June 7th.

Please let me know what actions are being taken towards these people, cause I want to help. They have put me in a huge financial bind.

A google search on Winford Financial yielded only two hits (not counting the many hits from Yahoo Answers). If this were a real company, I would expect more hits than this (assuming it's spelled correctly).

If the criminal was in Canada at the time of the scam, the RCMP would be the appropriate agency to contact.

Thank god I checked this out before I sent my money. I to spoke with monica sterling who approved me for a 100,000 loan but said that my credit was not good enough to go through a bank and I would need to use a private lender. I asked about the private lender and she said that she could not give me any info that the lender needed to be kept confidential. She said that my monthly payment would be 770.00 a month for 20 years, but they needed 2 months payments up front. I told her I would like to do the direct deposit into my checking accout instead of the western union thing. She then told me that the western union would guarantee the money within 24 hours. I told her that I didn't need the money urgently and that the direct deposit would be fine. SHe put me on hold and then came back to tell me that I could not do the direct deposit option and that I had to do the western union transfer. She told me that I would have to go to a Walmart store to do the transfer. I havent heard anyone else say this. I dont know if it differs from area to area depending on where you live. In the back of my mind I thought the whole thing sounded kind of fishy right from the very beginning. I am so glad that I found this out before I sent my money. I am definately going to report them to the BBB. I am sorry to all of you who did send their money, I f I can be of any help to anyone who wishes to pursue this please let me know!

The same thing happened to us! We were contacted by the same guy on the same day, approved for the same amount you were. Were alos told we had to forward some payments to Canada and told by the second guy that the lender had backed out. Were told the same thing about the reund as you were. We contacted Moneygram, which is who the mony was transferred to and got a fax number to have a lawyer subpeona the records. This will tell us who signed for the money over in Canada and what kind of ID they showed. Also will tell us who was on duty at the moneygram office when the money was picked up. Surely with all of these people sending money on the same day, the agent will remember someone! They're definitely not legit, because my husband called the state of Mo finance dept and they have no business listed under that name and the address at the top of the letterheads is a dead end road with two businesses on it, and winford isn't one of them. My husband filed an alert with equifax, which automatically contacts the credit reporting agencies. Also need to close your bank account and open a new one--make sure to tell your bank what is going on. That way if there's any suspicious activity, they can let you know, because if these people have your social sec no, they can get any bank acct info, even if you open a new one up. My contact info is jen_the_rn08@yahoo.com.ph-my husband and I would definitely be interested in starting something against these people, whoever they are.

MAY 14-15...I am SOOOO glad that i came here to check things out! It seems these guys are scam artist. I talk with Kevin Nealy for the past two days...after reciving my loan agreement and commitment letter, I felt funny about check here. I was approved for a 20,000. loan..they are asking me to send 5 months worth of payments that they claim are towards the principle of the loan. which is $1,500.00.
I was planning to send a money gram tomorrow! NOT NOW! thanks to everyone here.

I promiss you I will call Kevin Nealy and ask him what he thinks about all this! And I can assure you I WILL NOT do business with them.

And that I will make a compliant to the BBB!!!!!! AND I will spread the word to everybody I know!

I recieved a call today (May 14) from a Kevin Ewing stating that I had been approved for a $5,000.00 loan from a private lender. He explained the lending company would need the first four months of payment for collateral which would roughly be $990.00 I advised him I would make contact with him at a later time to speak with him more on the subject he gave me a call back number of 1-888-690-9865 and an extension of 572 to make contact with him again. Thank god I checked on here first to see if the company was legit! To think I was about to send them $1,000.00 ! I'm going to recontact him tomorrow to see if he gives me the same story he gave everyone else but no way am I giving him my money! Thank you everyone who posted on here!

No way, this is a scam!

I almost was until I went online to research this company.
After viewing this page I have contacted the FBI, and the fraud department, they asked if I knew anyone who had been victimized by this so called company and I gave them your E-mail address. Also, I went back to their site to see what information I gave them and my social security was one of them. I immediately went to life lock and secured my identity! I think you all should do the same. I don't understand how people can get away with this crap! I'm sorry for all of you who have lost money with these jerks. They will get what's coming to them!

Thanks everyone for the heads up. I was contacted today by Kevin Neeley for a $7,000 loan, and I will not proceed with this. I thought it was very fishy that they wanted me to send them money first! I will send a complaint to the BBB.

I was also contacted and same story - I've contacted teh BBB and they said there are not enough complaints about the company to take any action. PLEASE GO REPORT THEM TO BBB. Also, if you want any criminal charges, you need to go to your local Police Station and make a report..

i am in the process with monica sterling and after reading this i will back out and change my account information. I looked a the report on better business bureau and they do not have enough complaints to take action. So complain away to the BBB and i'm willing to join your group.

orangechopper17@yahoo.com please contact me. I was going to do a loan with this company however it doesn't exist. City hall has no record, I had a police officer in that area go to their address and they stated it wasn't there. I contacted the Attorney Generals office and they said they will investigate. Also it is illegal to ask for any money up front to obtain a loan. That was my first guess that this company was a scam. Also their web page doesn't give a address or phone number. The phone company doesn't even have a record, I did speak to the post master and they do receive mail at this address. Customer service stated their ste number was 217. I would love to fly out their to see if anyone was in this so called office to kick the **** out of these people. email is erinbv77@yahoo.com

Enter Your Message or Comment

User Name:
User Email:
Post a comment:

Archive: Forum -Forum -Finance - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.054
Copyright (c) 2011 Financial Crisis Sunday, May 27, 2012 - Terms of use - Privacy Policy