Advanced Fee Loan Scam June 19, 2008
Posted by bbbboise in Scams.trackback
The Better Business Bureau serving southwest Idaho and eastern Oregon has been receiving numerous calls about an advanced fee loan company that has an address in our service area. The company’s name is Capital Lending Service and they say they are located at 1444 Entertainment Ave. Boise, ID 83709. We contacted a BBB Accredited Business also at this address and learned the there is a mail drop box at the location.
Capital Lending Service is receiving personal information from the consumers including banking account information and Social Security numbers. We have seen the fee ranging from around $540 for a $3000 loan up to $3500 for a $100,000 loan. Consumers are directed to wire the money Western Union to an address located in Alberta, Canada. They advertise in the newspaper and on the television in numerous different states around the US including New York, Mississippi, Colorado, and Alabama. If anyone has any further information regarding this company or has received calls on it please let us know, we would appreciate any information available.
To learn more about the dangers of advance fee loans click here
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