Q: Predatory lending?
I was seeking a personal loan to consolidate debt. I contacted personal lending group and a few hours later a group called MJM Lending (located in Florida) called and stated they were a partner of Personal Lending Group. They told me to call Compass Bank and apply for a loan because they did not work with Compass Bank and told me not to tell Compass Bank they sent me. I did all the work and attained the loan and now they are trying to charge me for something they put no time or effort into. Is this right? Seems sort of fishy to me.
A: You state that they are trying to charge you for something without investing time. What does your written contract state as to what is due?
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