Legal Question in Credit and Debt Law in California
I have bad credit and just got accepted for an 8000.00 unsecured loan. THe lender is requiring a payment of 734.00 for insurance purposes in case i default on the laon. Is this legit?
Asked on 8/19/10, 12:49 pm
2 Answers from Attorneys
Michael Stone
Law Offices of Michael B. Stone Toll Free 1-855-USE-MIKE
It's an Advance Fee Scam. Why would anybody in their right mind lend you $8000 if you have bad credit?
Answered on 8/24/10, 12:59 pm
Related Questions & Answers
-
I have received a summons for a credit card debt. what can i do? Asked 8/17/10, 10:15 pm in United States California Credit, Debt and Collections Law
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
