Hi,

I applied for a loan through a loan comparison site. They rang me back and put me through to "The Loan People" who then approved my loan.

A couple of days later I recieved the paperwork which I duely signed and returned, along with the admin fee. It all seemed genuine at the time, there was nothing to make me believe that the loan company was fake.

The letter said I should expect the funds to come through within five working days, but I sent the paperwork back nearly two weeks ago, and the admin fee has been taken from my current account. I have tried emailing them with no response, I have tried phoning them and it just rings and rings. Also, I did a bit of research and their website doesn't show up in any of the search engines, even if you enter the URL.

Is this company fake? and what do I do from here?

Thanks

Hi,

thanks for the reply!

I sent the forms back to:

The Loan People
First Floor, Front Office
3 Waterloo Road
Stockport
SK1 3BD

I sent them in the self addressed envelope that came with them.

Their actual website is www.the-loan-people.co.uk

I too came across www.theloanpeople.org when I was looking for their site in google.

The address is for a mortgage company and they probably front the loan company.

http://www.google.co.uk/search?hl=en&q=++++waterloo+road+SK1+3BD&btnG=Search&meta=cr%3DcountryUK%7CcountryGB

Too may companies use this address might be worth checking this out with FSA???

Hi again,

I put the company's reference number into FSA's website and the company are not on the FSA's register.

Hi....many companies can use different names but must be an authorised alias of the parent company. See if any of the mortgage brokers listed on the link have trading names listed in the FSA register??

I found that strawberry studios is also called Mortgage Sense and they are on the FSA's register