FAVOR FINANCE AND LOAN
TrustIndex
0
Ranking
#69
in Financial Services
NPS Score
0
Recommended: Unlikely
Used this business recently? Share your experience to help others decide.
Used this business recently? Share your experience to help others decide.
Share Your Experience1 reviews | Active since Jan 2020
Hi Everyone I’m here to inform you that Favor Finance and Loan company they are professionals scammers, asking you to pay upfront money(insurance fee)before approval of your loan,once you send them money,they require more ,they will promise you that you will get your loan within 15-45minutes which is lies!! Please please do not send anyone money!!becareful becareful!!!😰
1 reviews | Active since Jan 2020
Hi Everyone I’m here to inform you that Favor Finance and Loan company they are professionals scammers, asking you to pay upfront money(insurance fee)before approval of your loan,once you send them money,they require more ,they will promise you that you will get your loan within 15-45minutes which is lies!! Please please do not send anyone money!!becareful becareful!!!😰
1 reviews | Active since Jan 2020
well where do i start with these scammers? how do you pay an insurance fee before money is paid into your account. people beware this is SCAM SCAM SCAM. do yourself a favor a search their name on the NCR webside they are not registered
1 reviews | Active since Jan 2020
well where do i start with these scammers? how do you pay an insurance fee before money is paid into your account. people beware this is SCAM SCAM SCAM. do yourself a favor a search their name on the NCR webside they are not registered
1 reviews | Active since Jan 2020
<div>The company is so unreliable and they will make you feel so desperate. They asked for payments before they could send me a loan while they said it will be paid in 24 hrs they had excuses of the financial team being in a meeting and this and that, which resulted to me still not having my loan after paying 13k which they said is refundable 😩😩don't know how dlxlould I be so stupid. I will have to see on Monday I'd anything changes</div>
1 reviews | Active since Jan 2020
<div>The company is so unreliable and they will make you feel so desperate. They asked for payments before they could send me a loan while they said it will be paid in 24 hrs they had excuses of the financial team being in a meeting and this and that, which resulted to me still not having my loan after paying 13k which they said is refundable 😩😩don't know how dlxlould I be so stupid. I will have to see on Monday I'd anything changes</div>
1 reviews | Active since Jan 2020
Hi , i have applied a loan worth R 50 000 with the institution and my loan was approved , i signed documents to confirm the loan also to confirm for the legal documents . I've been communicating with a lady by the name of Lizzy and gentleman called Morris . After i have paid the legal fee which is R 5800 i was told that my loan will be paid into my account within 30min and i did pay the amount. Later i received a call from Lizzy telling me that i must che my email which i refceived a letter written that my credit score is low in the letter head of DEPARTMENT OF TREASURERY indicating that i need to pay R 9 500 due to my low credit score due to what ever process nor regurlations of the landing act. i called back to quesition this and i was told that by Lizzy i need to pay that amount which will be paid back to me whren i receive my loan , out od desperation i told her that i can only afford R3000 and she said she will talk to the finance depatment to see if it can not be accepted which it was , i got the money the folowing day and i paid it to thier Capetic Acc, in confirming the paymement am then told that i was suppose to have paid it yesterday as they said yes yesterday and i only paid it the forllowing day so i need to come up with the balance that i didnt have. The same lady constandly telling me that my money will be paid back as soon i get my loan and she made promises , i paid R 6000 then was given and account to log into which that account is a UK Acc, i logged in and for me to access the loan i needed a COT code which i asked got and way later i was told to pay R15 000 to get the code then the money will be paid to my account , constandly communicating to both Lizzy and Morris which both saying i must pay the money will be paid back . i called and asked them i want my money back because this is a scam and theres to where that the department of treasurery has issued such letter for landing is your credit score is low , they are still insistting for me to pay the R15 000 which i said i wont and am going to open a criminal case against them as this is a scam , there is no landing institution that can ask for such amount of money when applying for a loan . FAVOR FINANCE AND LOAN are a scam all i need is my R 14 800 . Am taking this matter up with the NCR, DEPT OF TREASURERY AND THE COMSUMERS DEPT.
1 reviews | Active since Jan 2020
Hi , i have applied a loan worth R 50 000 with the institution and my loan was approved , i signed documents to confirm the loan also to confirm for the legal documents . I've been communicating with a lady by the name of Lizzy and gentleman called Morris . After i have paid the legal fee which is R 5800 i was told that my loan will be paid into my account within 30min and i did pay the amount. Later i received a call from Lizzy telling me that i must che my email which i refceived a letter written that my credit score is low in the letter head of DEPARTMENT OF TREASURERY indicating that i need to pay R 9 500 due to my low credit score due to what ever process nor regurlations of the landing act. i called back to quesition this and i was told that by Lizzy i need to pay that amount which will be paid back to me whren i receive my loan , out od desperation i told her that i can only afford R3000 and she said she will talk to the finance depatment to see if it can not be accepted which it was , i got the money the folowing day and i paid it to thier Capetic Acc, in confirming the paymement am then told that i was suppose to have paid it yesterday as they said yes yesterday and i only paid it the forllowing day so i need to come up with the balance that i didnt have. The same lady constandly telling me that my money will be paid back as soon i get my loan and she made promises , i paid R 6000 then was given and account to log into which that account is a UK Acc, i logged in and for me to access the loan i needed a COT code which i asked got and way later i was told to pay R15 000 to get the code then the money will be paid to my account , constandly communicating to both Lizzy and Morris which both saying i must pay the money will be paid back . i called and asked them i want my money back because this is a scam and theres to where that the department of treasurery has issued such letter for landing is your credit score is low , they are still insistting for me to pay the R15 000 which i said i wont and am going to open a criminal case against them as this is a scam , there is no landing institution that can ask for such amount of money when applying for a loan . FAVOR FINANCE AND LOAN are a scam all i need is my R 14 800 . Am taking this matter up with the NCR, DEPT OF TREASURERY AND THE COMSUMERS DEPT.
1 reviews | Active since Jan 2020
Today being the 30 Aug 2021. I applied for a loan today and got approved but to my shock I was told to pay an insurance fee of R1700 upfront first before I can receive loan funds in my bank account and I'm told if I don't pay first then the loan funds can't be put into my bank account. There isn't even an option of paying this so called refundable loan insurance fee on my next salary date and this I find to be a Total Big Scam ! and people must be made aware of this SCAM. How do they charge an insurance fee and demand immediate payment of it before the give u a loan ? The lady from Favor Finance And Loans Called me from : 0640382107 and their WhatsApp Number is 0670823792 and funny enough their What's Number states their Business Name is Quick Loan. This Company Is A True Scam . I urge everyone not to fall for their Scam.
1 reviews | Active since Jan 2020
Today being the 30 Aug 2021. I applied for a loan today and got approved but to my shock I was told to pay an insurance fee of R1700 upfront first before I can receive loan funds in my bank account and I'm told if I don't pay first then the loan funds can't be put into my bank account. There isn't even an option of paying this so called refundable loan insurance fee on my next salary date and this I find to be a Total Big Scam ! and people must be made aware of this SCAM. How do they charge an insurance fee and demand immediate payment of it before the give u a loan ? The lady from Favor Finance And Loans Called me from : 0640382107 and their WhatsApp Number is 0670823792 and funny enough their What's Number states their Business Name is Quick Loan. This Company Is A True Scam . I urge everyone not to fall for their Scam.
1 reviews | Active since Jan 2020
Ek is hier om dankie te sê aan Favor Finance wat my op 23-07-2021 gehelp het met 'n lening van R500,000. Ek is baie dankbaar en ek beveel hierdie maatskappy vir almal aan, hulle is die beste
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