Is Ellison National Finance a legal company for loan?

I applied for a loan and was approved but they are asking 10% security deposit or down payment. Is this legal?Anybody knows or approved on this company? thanks
Is Ellison National Finance a legal company for loan?
This is known as "Advance Fee Loan Fraud"... just like Nicole Kidman is offering you!


Here are some tips for determining whether a loan is legitimate or a scam:


1) They don't use a free email address (yahoo, gmail, hotmail, live, etc)


2) They have a secure website you can go to to fill out their application (this isn't 100% ... do a search with the company + fraud and also + scam... and check the BBB)


3) They don't require ANY fees upfront. Any fees will come out of proceeds of the loan (scammers want their fees via Western Union or Moneygram)


4) They have a REAL address you can send mail to


5) They have a REAL phone number, not a cel phone


6) Look at their profile - created in the last 48 hours. Why? Because they get reported for this answers and yahoo deletes the accounts, so they just open a new one and send again until they are deleted once more!


If you've already been scammed (or in your case, since they have requested these "fees") report them to:


FTC toll free hotline: 877-FTC-HELP (877-382-4357)


FTC online complaint website (www.ftc.gov)


Canadian PhoneBusters hotline: 888-495-8501


Internet Fraud Complaint Center website (www.ic3.gov/)


Your local cyber Crime branch or your local police department.





The link is to a series of emails I had with Ms. Kidman, but the others run just about the same...
Reply:It's a SCAM.





Never pay a fee in order to secure a personal loan.





Things to watch for:





If they contact you by only email or through any message board, they are a SCAMMER.





If they are using a web based email address (Yahoo!, gmail, Hotmail, etc.) they are a SCAMMER.





If they ask for money upfront for ANY reason, they are a SCAMMER.
Reply:It's a scam. The only real money is yours. A legitimate loan company takes their money out of the proceeds. They don't ask you for your money.





By the way, your post is scam bait. I've already reported one answer for referring you to a scammer.
Reply:They contacted me as well.....they claim to have an office in Chicago...run the BBB for the Chicago office and read the warning! Stay away from Ellison National Finance....I had someone by the name of Alex contact me.
Reply:Take what the Neat has said and stay away from any lender with free e-mail addresses, times are tuff all over and people will do and say anything to get your money!!!!!!!
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