Description

A person called named David Cooper just like the previous post stated and offered a loan of $5,000 repayable in 36 months for $165 per month. Said I had to have insurance because of a poor credit score and the insurance would pay if I was unable to make a payment due to illness. Said the insurance wouldn't cost me anything that they would deposit it to my account and I would just have to send it back to them. I said this sounds like when you get the $1,000,000 check and they ask you to cash it for them. He said no why would we do that. They sent the money to my account and I told them that my credit union usually freezes part of it and he said no they deal with that credit union all the time and no problems. Well it did freeze half of it and I was able to send back $340 of it. I was told to go buy a money card at Walmart and give them the numbers from the card. Then my account would be funded with the loan amount. However when I sent back half of the money and told them the rest of it would be frozen for 3 days until it cleared he said well technically they can't deposit the funds until that time but they would give me an extra $50 for my problems. Just turned out to be a scam and my bank says that it's not going to be funded and I'm out the $340. Why does this have to happen to an old person who is already down and out on their luck to begin with. So hurtful.