Frost Private Loans

Frost Private Loans

Reviews: 1


Total views: 2148

Published: 03 February 2021

Posted by: Anonymous

I entered into a loan contract on 9/30/17 with George Lycos (Marketing Manager) of Frost Private Loans aka Frost Financial Funding. I was charged $1560.00 for the loan fees (processing, origination, tax, insurance security, attorney). Frost Private Loans confirmed that the $1560 was the total sum of all fees required to fund the loan in the amount of $155,000. The $1560 was paid to Barbara J. Wait (Loan Coordinator) via a Western Union bank wire transfer. After confirming they received the money, Barbara requested an additional $2520 for legal fees. I was also provided an anti-terrorism legal form with the Jetton&Meredith Attorneys at Law letterhead. This form was to be completed with the $2520 payment. The letterhead contained the correct address and name for the Attorney’s office but an incorrect email and phone number. I called the law firm directly and they confirmed they have no dealings with this company and Frost Private Loans is using their letterhead illegally and it is a scam. I have requested a full refund from Frost Private Loans and they said they will refund next day. I have not received any money and have not received a response from them via email [email& 160;protected] They are also not answering my phone calls at their business number (704) 550-2563.

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