I think I might have been scammed. Anyone heard of United Credit Corporation out of NY?

I was contacted by a company under this name claiming to have approved me for a 5,000.00 loan but I had to send 700.00 western union as an %26quot;insurance%26quot; that I would pay on my loan. I know that I should trust my instinct but it would be nice if I could get some other opinions. I have looked up this company and I can%26#039;t find a lot of info. I haven%26#039;t sent them anything.

I think I might have been scammed. Anyone heard of United Credit Corporation out of NY?

Do not send them a dime.

This is a very common scam. I manage a bank and help on average two customers a month or so with this situation. I%26#039;m guessing they sent you a check that said, %26quot;Deposit this, but send us back $700 to cover the insurance.%26quot;

This is the next series of events if you decide to do this: First, you will deposit the check. If your bank does not put a hold on this check, you will likely have your money the next day. You will take the money from the account and send the Western Union, which at that point is perfectly good funds. They will get your money. Then, the check they wrote you will come back bogus, fake, counterfeit, or otherwise. Your bank will pull all $5000 out of your account, plus you will be out the $700 sent through Western Union, and any fees you will have accrued by spending this money before the check cleared the other bank. Best case scenario you will be out $700; worst case, $5700 plus any overdraft fees, returned check fees, etc.

Not to be abrupt, but Western Union won%26#039;t be able to help you either. Once a wire is sent, it%26#039;s sent; remember, the money the scammers gave you was no good, but the money you sent through Western Union was perfectly fine as far as they%26#039;re concerned.

Remember, if it%26#039;s too good to be true, it probably isn%26#039;t. And, if you didn%26#039;t apply for a loan with these people then they can%26#039;t possibly offer you a loan. Good luck and you are very smart for researching first!

I think I might have been scammed. Anyone heard of United Credit Corporation out of NY?

I use to work at a bank about 3years ago and I had a lady coming in demanding she be refunded money she sent to this company that was suppose to send her more money. It was a scam and she was out of the money she sent them. Beware!!

I think I might have been scammed. Anyone heard of United Credit Corporation out of NY?

Sounds pretty fishy to me. Unless you are opening a secured credit card with a known cc company, I wouldn%26#039;t send them a penny.

I think I might have been scammed. Anyone heard of United Credit Corporation out of NY?

DONT send them any thing Call the BBB

I think I might have been scammed. Anyone heard of United Credit Corporation out of NY?

I also encountered similar experience whereby they asked me to send collateral fee of S$700. But I told them I got no money and finally no news. I have realised that no one will lend you money from another countries or without verifying your credit worthiness. If they want insurance, then they should deduct the amount from the loan and give you net amount.