Complain about a product or service

Elite Consolidation Group

Eric of Stollings, WV December 24, 2008

I was contacted by Linda Steven on 12/19 from Elite Consolidation Group whom stated I was approved for a 10,000.00 personal loan, but had to send in 1295.52 for collateral, in which I did by wire transfer and then spoke with her again later and stated my money would be wired to my bank account by noon on saturday 12/20, in which it was not.

I then spoke with Adam whom stated that I would have to send in 1900.00 and I explained to him I did not have that kind of money, he then proceeded to tell me that If I could send in 950.00 that they would cover the other half and that it was for insurance purposes for the bank. I then wired that 950.00 to them, spoke again with him later and stated that it was processing and would be in my bank account when my bank opened on monday and it was alright to write checks since the money would cover it on monday. I was stupid enough to believe him since I had 6 children and with Christmas coming up.

When Monday came once again, I was told that I would have to send the other 950.00 and I then wired that. I was told my money would be in my bank account this morning and it was not. I then called back again and he said everything was good to go and my money would then be in my account between 1-3pm, which it was not and then called him back and this time he told me it would be there definitely by 3pm, once again no money. I have tried to reach him or anyone with the company numerous times after this only to end up with recorded voice mails, I have left many message and still have not heard from anyone. I am out over 3,000.00 and now here it is Christmas and my kids are the ones who will suffer and I am in debt with my checking account now for 2500.00.

I am overdrawn over 2500.00 in my checking account, have outstanding checks, was unable to provide Christmas for my children, and I could go on..

Deborah of Riverside, CA December 12, 2008

I filled out a application for a personal loan(15000.00) on line. Carol called me said I was approved. But first I had to 1900.00 colleteral. Which I borrowed to pay. I sent off next day wester Union. Called back to elite and talk to adam. Said my money would be direct deposit in between 6 and 8 hours. This was about 6:00 there time. So next morning I call 9:00 there time talk to adam he said money would post at 11:00am. So I checed with bank at 11:00 no money. I call back at talk to carol and she says the lender have red tag application because another lender approved me.

I have heard nothing from any body else. Any ways she says the lenders want INsurance which means 800.00 more dollars. She told me once The money was verified she would send it through right away. So I call the next day no money in bank I call back elite and they tell me the lender wants 950.00 more dollars, at this point I sail enough and told them to send the 2700.00 back I already gave. They said It would take 7 to 10 days to get money back. That was today.

I had to borrow from relatives to get money. Which put them and myself in a pickle.

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