Description

I met the individual on skool.com. He said that he gave loans. I went to his website and applied for a loan. It stated there was an origination fee, which I paid. While it stated that there would be no hidden fees, he said that there was another fee (it was a regulatory fee, so they said it wasn't a hidden fee) to protect them from the possibility that I wouldn't pay as there was no collateral. I naively paid that fee. Then they "wired" me the money and said that it would be released if I paid the fee that the wiring company required. I pushed back and they discounted the amount. I was skeptical, but I was advised to pay it, so I did. Now they are saying that I need to pay the remainder of the amount because the discount wasn't accepted. This is after they assured me that there would be no further fees and signed a document to that effect. I have not paid the fee, and they are not going to refund my money or release the loan funds. Obviously just a way to bilk me out of what little funds I had.