Mutual Life Funding Co. Robert S. Spencer, Regina Ross, Sheldon Scott, Ryan Gosolee Looking for an unsecured loan, with less than perfect credit. I w

24th of Dec, 2011 by User368977

After faxing 1) government identification-drivers licenses and 2) proof of income; I was asked to send either $399, 3 months of payments, or some form of collateral as security for the loan. I opted to send $399 for insurance on the $5,000 loan via Western Union to Mr. Sheldon Scott in Jamaica. After completion and receipt, Ms. Regina Ross would email me the loan documents and direct deposit authorization. I received the loan documents, signed and faxed back. I was called back and informed I would receive a call from fiance department within a few hours. I was later contacted by Mr. Ryan Gosolee, loan officer for Mutual Life Funding Co. I was told the funds would be released overnight. When I didn't receive the funds, I contacted Mr. Gosoleeabout the funds, I was told the company had exceeded the loan limit for the week and I would receive the funds on the next loan distribution day, Wednesdays. The next Tuesday, I received a telephone call from Mr. Gosolee and informed me the initial company had reviewed my credit reports and determined an increase of the security deposit would be needed, an additional $500. I informed Mr. Gosolee I could not send any additional funds, so he informed me he could try some other companies. As the days went by the additional amount dropped to $400. I asked what options were available : 1-send additional funds or 2- refund in 30 days. I elected a refund which I should receive in 30 days.

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