Written on: 26/03/2010
STAY AWAY FROM THIS COMPANY, THEY WILL TAKE YOUR MONEY AND YOU WILL NEVER GET IT BACK. THEIR SCAM IS TO TELL YOU THEY HAVE FOUND YOU A LOAN WITH A VERY LOW INTEREST RATE, THEY THEN ASK FOR £69.99 HOLDING FEE (WHICH SOUNDS LIKE A GUARANTEE THAT THAT LOAN IS YOURS) YOU WILL GET PAPERWORK A WEEK LATER WITH A RIDICULOUS HIGH INTEREST RATE, FROM 40% UPWARDS. IF YOU DONT TAKE THE LOAN THEY KEEP YOUR £69.99. IF YOU DO TAKE THE LOAN YOU ARE FINANCIALLY SCREWED ANYWAY. THEY HAVE BEEN REPORTED TO WATCHDOG AND ALL THE RELEVANT REGULATORS. IF YOU HEAR THE NAMES SIMON AND MARTIN FROM MAGIC FINANCE - CHANGE YOUR PHONE NUMBER!!!!