Magic Loans Secured Loan Review

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sc32's review of Magic Loans Secured Loan

★☆☆☆☆

“Having been ripped off by this Company in much the...”

Written on: 28/04/2011 by sc32 (1 review written)

Having been ripped off by this Company in much the same way as other reviews, I wanted to report a success story with getting my money back. I got caught after repeatedly asking the sales person that this was a genuine loan offer. After getting his assurance that it was genuine, I paid my £69.99. Soon after, I checked this review site and realised that something was wrong. I had been referred to Enhance through Churchwood Financial. I therefore contacted the Compliance Officer at Churchwood who was great. She advised that they were no longer referring clients to Enhance but also that she would request a refund on my behalf. To follow this up, I then used the letter from getyourfeesback.com and one week later, I got mt money back - less a £5 admin fee. So my advice, if you were referred to Enhance by Churchwood, contact them, also use the letter at getyourfeesback.

  • Value For Money

  • Customer service

  • Secured Loan

    Type of loan e.g. Secured loan

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Guest's Response to sc32's Review

Written on: 15/07/2011

That's great you got your money back but you could have simply filed a complaint via your bank? That's what I did. I too, stupidly paid the £70 then checked this site and knew I was ripped off. I cancelled the agreement within 7 days and they promised to return my money after a month. When that didn't happen - I contacted my bank and they got my money back for me. I was ecstatic! I was also referred to Magic/Ehance via Churchwood. I was angry at them for referring me to a useless loan company. I'm glad that they are no longer doing that.

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Rachymary's Response to sc32's Review

Written on: 09/09/2011

They are still refering people there, They did it to me in May. I am still waiting for a refund 75 days later and ive now contacted my credit card company.

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Guest's Response to sc32's Review

Written on: 09/09/2011

I can assure you they are still sending people to Enhance, It happend to me in May, Im still trying to get my money back. Im now contacting my credit card to see if they can help.

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Guest's Response to sc32's Review

Written on: 25/07/2011

Lending agencies often reject the loan applications of borrowers with poor or bad credit standing, but this is not the case for a secured loan. This is because many lending institutions do not require good credit before they approve a

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