Central Trust Loans

[snowdragon]

I  am here to ask  advice for a friend who does not go online, they have asked if anyone has heard of Central Trust ?

 

My friend has been approved for a £20k loan and she was told it would be in her account today, she has checked and nothing, I was asked to help find out why

 

I have tied and was told she needed to pay for insurance on the loan and then the money be with her, she manged  to do this  and had to provide screenshots etc,

 

she was told all good and to check her account, it is now way past  closing time and nothing.

 

I have not asked why she needs this money but know she has some big bills to clear, all she needs to know is are this company real? I tried to Google them but no success

 

Sorry for long post, like I say she does not have a computer etc and has asked me if can help! Got enough going on as it is

 

Thanks,

 Sandy

[fkofilee]

Sounds rather generic and a [problem]

What info did they ask for? What did she give them?

[AndyOrch]

Quote

 she does not have a computer etc 

 

How did she apply for it then ?

 

Quote

and was told she needed to pay for insurance on the loan and then the money be with her,  she manged  to do this 

 

 How much did she pay and how  ?

[snowdragon]

by phone I think Andy,

they just asked for her name , address etc, purpose of loan,

did a few checks,

 

was asked to pay the first instalment as well,

from what she has said  they asked for a couple of other payments!

 

 I did not pry as she was upset, will try find out more,       

she was dealing with a woman called Linda

 

she was told to expect it in her bank by either 8pm tonight or by 10am tomorrow

[fkofilee]

Did they send an email?> Anything to go on?

She would normally have to sign a CCA for something like this. 

[snowdragon]

they told her the documents will be sent to her and as far as i know signed nothing,

have just tried talking to her and tbh think she may have been s c a m e d ?

 

I can not find anything on this company ,

all the money she sent them was bank transfer,

no idea how she did it tbh ,

 

I am only someone who knows her but from what she said she sent them money for insurance, first installment and couple of other payments,  taking what money she had.

 

She has checked her account and nothing as yet paid in, they gave her a  transaction number

[AndyOrch]

Quote

all the money she sent them was bank transfer,

 

 

And how again without a computer ..mobile banking ?

[snowdragon]

could have been

but think she may have used her partners computer without his knowledge or even gone to bank,

sorry I really have no idea,

have told her to report it

 

I have told her to go to the bank first thing or at least check her account, 

she said no money has been taken out apart from what she sent them,

I am still trying find out who they are

 

no luck  who they are? 

have told her she needs try and get what she paid them back,

she is going speak to someone in morning.

 

I know she was hoping to get this loan,

she has got a bad credit score and tbh they said one of the charges was due to this and then she had to pay money for tax purposes! 

 

I have heard enough, sorry I need bed

 

Sandy xx

 

CENTRAL LOAN

1) _______________ 25-27 Surrey Street, Norwich, Norfolk NR13NX, United Kingdom

Email: [email protected]

Web: www.centralloan.co.uk

2) _________________ Contact Number: - +44-161-5051746

they have sent her an agreement via email she said,

I  am confused, 

bed time

 

they have sent her a loan agreement via email,  ( am confused ) 

time for bed I think,   

wish she never asked me 

 

bit more info,

they are for real and registered ,

so who knows,

but why tell her it would be in her account by 8pm tonight or maybe by 10am tomorrow?

[AndyOrch]

Central Trust...topic title amended.

 

 

https://www.centraltrust.co.uk/about-us/

[snowdragon]

not same  company Andy, she is not a homeowner,

 

the company she used is def called Central Loans, based in Norfolk

[AndyOrch]

The address you posted in post # 12 is for Central Trust Loans.

 

Central Trust is a trading style of Central Trust Limited, Registered Office: 25-27 Surrey Street, Norwich, Norfolk, NR1 3NX

[snowdragon]

oh,  it def said Central Loans, seems there is a few in same building? sorry

 

Note: - We want to confirm you that your loan amount is completely approved by our company for the amount of £20k.

 

So, for you to get this loan sorted you have to go through a credibility check and you are requested to pay your first month installment in advance which is for the month of March.

 

Your second monthly installment will be due in month of April by direct debit.

 

Part of her agreement

[dx100uk]

god she must be mad!!

 

wouldn't touch that type of company with a barge pole

the payments go up and up each month and then they default people and send the heavies in..

 

yes it's not your problem...but then it is in a way.

she doesn't need to get this loan at all I bet

just got lots of consumer debt she thinks she need tpo pay off i bet

 

go findout if they are enforceable or not

...you are a master at the SD..

[snowdragon]

She  now wants know what are her chances of getting what she paid them back, said she had around 9k in bank for holidays and other items but now has only about 6k!

I told her she must be mad but seems she is desperate 

 

[snowdragon]

she  has just shown me the loan agreement  and the company is regulated, all laid out 

 

 

decide on the best value. The APR takes into account interest as well as fees and charges. TYPICAL APR: A "typical" APR is the APR offered to two-thirds (7.8%) of borrowers. The actual APR you are charged is subject to status so you might not qualify for the typical APR The lender will assess your circumstances, such as your income, how much you can afford to repay, the relative security of your job, whether you're on the electoral roll and your credit history. CENTRAL LOAN typical APRs are as follows: Secured loans – typical 2.82% - 5.62% APR FIXED Unsecured loans – typical 5.60% - 17.60% APR FIXED Undertaking:

 

I told her to sort it out herself as got enough to do myself, sorry

[fkofilee]

Can I see the loan docs? It should have a company number and everything.

Remove personal info.

[snowdragon]

not sure if can do it as my computer is  acting up really bad, if I can copy and paste maybe?

[fkofilee]

Is it electronic? Just screenshot it and paste it

[snowdragon]

can not do screenshots as  on a computer sorry

 

[fkofilee]

Never mind  

Does it have info on the Company Registration Number?

[snowdragon]

she has now got a transaction number, I will have alook for company reg number  FK

[snowdragon]

CENTRAL LOAN 1) _______________ 25-27 Surrey Street, Norwich, Norfolk NR13NX, United Kingdom Email: [email protected] Web: www.centralloan.co.uk 2) _________________ Contact Number: - +44-161-5051746

 

Just checking for reg number

[snowdragon]

CENTRAL LOANS LIMITED

Company number 04205508

[AndyOrch]

Check the cooling off and cancellation details...this is a distance regulations agreement as it was done by telephone......can cancel within 14 days.

[snowdragon]

 we need to prepare Non-guarantor paperwork for you which will cost
>>> you
>>> £895. This paperwork will act like a guarantor for your loan for
>> the
>>> whole loan period.  Before we provide this loan to you we need to
>> make
>>>
>>> sure that after you receive this loan we should not lose the money.
>> So
>>>
>>> we have to show to the financial conduct authority that you can pay
>>> your
>>> repayment on time.
>>>
>>> So, in this case you are required to pay the Guarantor paperwork
> fee
>>> of
>>> £895 which is just the one-time payment and will be refunded along
>>> with
>>> your loan amount. Once, you cleared this guarantor fee than we will
>> be
>>>
>>> able to transfer your funds to your bank account within 60 minutes
>> of
>>> time.
>>>
>>> Note:- Just because of paperwork your transaction is on hold please
>> do
>>>
>>> this & get your money before 12 today.
>>>
>>> Regards,
>>> Linda Thomson
>>> Manager
>>> Account & Transfer

 

what  she has now been told as well as this

 

 

Cancellation on this stage of the loan will cost you with 590 pounds
>> as
>> this amount is been debited from our account,so please do the final
>> payment and get the amount sorted for you.
>> Your co-operation will be much appreciated.