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Sigma Financial Group Complaint - persoanl loan

Review by gentleone on 2005-06-20
BOSTON, MASSACHUSETTS -- went to these poeple for persoanl loan to buy home for daughter and i. was told to send them the collaterol payment of $1300. sent it and was told it isn't enough. i said so send it back. legally they have 14 to 30 days to return the money. but now they don't answer the phone after for 2 weeks they said it would be in my mail on monday. their answering system asks you your name and then they turn on another machine to tell you they aren't availible. will send complaints to attorney general in Mass. and better buisness bureau and the federal trade commision. the money not being returned has left my daughter and i living out of our car. so do not use this company. SIGMA FINANCIAL GROUP out of boston, mass.
Comments:2 Replies - Latest reply on 2005-09-01
Posted by Mercy on 2005-07-10:
Called this company and the paperwork was faxed to us to complete and fax back to them with a collaterol payment of $625.00 which Chris stated was all that they needed. Collaterol payment was sent on 6/10/2005 (Friday) by moneygram and Chris stated that on 6/11/2005 (Saturday) that the loan money would be direct deposit into our checking account. Called that Saturday because there was no deposit made. Chris stated to wait until Monday for the deposit since this was a weekend. Again Monday, no deposit. Called several times on Monday, leaving a message and leaving our number on their paging system for someone to call us back immediately. No one ever called that Monday. On Tuesday Chris decide to answer the phone to let us know that they need more collaterol. We told him, if we had more money we would not be trying to get a loan and to please send our money back. Now it is over a month and we have not heard from this company and have not received our money back. Recently when we try to call, the number we have is disconnected. $625.00 is not a lot to some people, but to us that was all that we had. If anyone can help us to get our money back, please help us. PLEASE DON'T USE SIGMA FINANCIAL GROUP IN BOSTON, MASS.
Posted by DebtorBasher on 2005-09-01:
"The check is in the mail"...lol...it's different when the tables are turned. Not all is lost though...you're living out of your car and you still have a computer to get online...I'd say that's pretty good...others who live in their car doesn't have that luxury! How many more names are you going to post this complaint under?

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