Does Anyone Know Where I can Consolidate a Private and a Federal Loan?

Has anyone recieved a loan with Canadian Loan Group? I want to know if this is legit or a scam!?

  • I applied for a loan with Candian loan group and sent in a 10% deposit via money gram! I was guaranteed a loan but have yet to recieve it, it has been 2 weeks. I was told my lender had backed out at the alst minute(ya right!) I want to know if anyone has recieved a loan with this company or recieved thier deposit back! Thanks!

  • Answer:

    This is absolutely not legitimate. I work for one of the top five major banks in Canada, and this company, Canadian Loan Group, is believed to be completely bogus. One of their "locations" has been investigated as a completely unrelated building currently up for lease in a small town in Ontario. Many of our customers are currently dealing with huge amounts of money lost due to disclosing personal information. Take this advice: -Call your financial institution and place a full hold on all accounts. -Request that alert messages be placed on your account to require that all credit applications MUST be completed in person at the branch going forward. -Report possible identity theft. -File a report with PhoneBusters. (1-888-495-8501) -Call Equifax (Canada's Credit Bureau) and report possible identity theft, as well as SIN number disclosure (1-800-465-7166) -Call government of Canada, report your SIN number as possibly being disclosed, and request a new number to be mailed out to you. -Thoroughly review all information given to CLG (Canadian Loan Group) and make sure that you have covered all your bases. Any questions? Call your financial institution, phonebusters, or 1-800-O-CANADA, or visit their websites. Hope this helps.

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I to applied for a loan with Canadian Loan Group on July 6 and sent a 500.00 deposit via money gram the only person i have spoken with has been Thomas Baker no one else. I have called him daily and still no loan deposited to my account, and only getting that it was to be released on Monday July 16. I sent him everything they asked for signed documents, Drivers licence bank info i called the Equifax to inform them of my situation, and put a flag on my credit report. I was informed that it will be harder to get a loan because of this and this guy did this to me in a matter of days and now i have to make sure no one steals my identity. I want to file a police report also. I wish i had have seen this page before sending money to them. On my money gram the name i was sending it to was Alex Connor who i was told was a security officer that picks up the money from the money gram office in Toronto, once he has gotten it my funds will be released within 24 to 48 hours as of today nothing. PS anyone who knows a legitimate loan company for bad credit let me know. Thanks in advance

bear

i applied for loan with thomas baker an he also told i was approved, and the money will be in my account in 48hrs. i did not go into my account, so i called him and he said that he doesn't know why it didn't go in and i should call customer service. well i did and i have been talking to a mark reynolds and said that my deposit is supposed to be processed to me today and that my loan will be free of any down payment. he said that they are waiting for a new lender and this matter should be straightened.out. i really have my doubts. t

bill p

We recently applied for a loan with Canadian Loan Group and was approved right away! Despite bad credit! I started reading all statements about this company on the Internet and discovered that this was a scam! But then you've got to find out for sure for yourself! So I called Thomas Baker and asked him to verify a couple of questions for me that only me or anyone pulling a credit report would know! I asked him what company names were on the credit report! He advised that he don't have access to this info as it is already sent to the security dept. He also wanted $1500 at first and when we advised that we could not come up with that amount he agreed to $800.00 via money gram. We were just about to put this money through until I started questioning things and realized that this was indeed a scam. Thanks to everyone who posted comments on here! You just saved me $800.00!

Almost scammed

i received a so called loan from canadian loan group. i was supposed to get my money yesterday and still have yet to receive it. thomas baker told me today to call customer service but i still have not been able to get a hold of them. I also had to send in 1000 dollars through money gram. I really wan to catch these guys befor it is too late. i'am going to the police tomorrow also. please keep int ouch with me to let me know any thing new. thanks, sarah gilks.

sarah g

Canadain loan group is a total scam call phone busters and make a complaint and also contact your local police to make a statement about it and as far as the rest what reputable loan group uses a yahoo mail instead of their own mail? EDIT*** I have done some tracing on the phone numbers and these are all directed through rogers wireless which means they are using cells to do this from its definatly a scam... Anyone who has been taken by these ppl need to contact the BBB or Phone Busters at 1-888-495-8501

wolvie20022002

Sounds like a scam to me. My hubby received a check in the mail (about 6 months ago) from someone in Canada that supposedly had the same exact name as his sister, he took it to the bank and asked them about it and they took it to report to the FBI. They wanted him to cash it, keep 75% of the money and send the other 25% back to them, the check was for about $5,000.

ice_princess51047

it is a scam...they are probably the same company w/ a different name and address that scammed me in may. call the ftc 877-987-3728 and phone busters 888-495-8501 make sure that u keep all the paperwok given to u from these jerks. i believe that the are based out of toronto, ontario, canada. i have also tried to call the toronto police (416 phone number) 416-808-2222 for police and 416-808-8000 for chief of police. dont forget to put a watch on ur credit report by calling 1 of the three credit bureas (they all report to one another) equifax 800-525-6285 experian 888-397-3742 transunion 800-680-7289 if u gave them ur banking info....go to bank and discuss this issue so maybe u can open new account. so sorry this happened to u.

royalwitch70

You've been scammed. Never Never send anyone any money to get a loan. I'm sorry but I doubt you will receive any money back but report them.

Marcie H

I dont undestand why there are so many complaints forged agianst this company in regards to not recieving their loans. I had applied just like veryone else, was approved, secured a payment and recieived the funds within 24-48hrs. My sister went through the same process and she recieved her funds as well, be it after 6 days.

chris r

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