Advance fee loan scams and fraudulent loan sites.
by Michelle Sun Apr 05, 2015 4:52 am
-- On Sat, 4/4/15, sa finance concultants <[email protected]> wrote:

> From: sa finance concultants <[email protected]>
> Subject: LOAN TERMS AND CONDITIONS
> To: Michelle Banks
> Date: Saturday, 4 April, 2015, 5:01
> Dear loan
> applicant, Thank you very
> much and how are you doing today? Acting on the
> content of your email, note that I am willing to help you
> with your loan amount you requested. But given you this loan
> is not a problem, if only you are in agreement with the
> terms and condition of the loan and also if you are a God
> fearing human being because i don't want to loose my
> money. I am a God fearing human being and a sincerity man
> and you must also be honest and trusted. With the
> information I got from you I believe it will be enough for
> us to precede with this transaction. Note fully well that we
> are capable to handle your loan requirement so please you
> are to ready the loan terms and conditions and get back to
> me as soon as you can. As per your Loan
> request,you stated that you are interested in Obtaining a
> loan Amount of R
> 50,000.00 We will be able to offer you the Amount you
> requested.To start with, find below the Loan Terms and
> Repayment schedule for the Loan amount
> requested... LOAN TERMS AND
> REPAYMENT SCHEDULE
>
>
>
> Loan Balance: R
> 50,000.00Loan Interest
> Rate: 8.50%Loan Term: 5
> yearsMonthly Loan
> Payment: R
> 1,025.83Number of
> Payments: 60Cumulative
> Payments: R
> 61,549.54Total Interest
> Paid: R
> 11,549.54
> Note: The monthly loan
> payment was calculated at 59 payments of R 1,025.83 plus a
> final payment of R
> 1,025.57.
>
> LOAN CONDITIONS
> AND GUIDELINES Monthly
> Repayment: On getting the loan, the applicant will start the
> repayment of loan on the 30Th / 31st of every month starting
> from three (3) months after loan has been transferred to the
> beneficiary's account with the monthly payment as stated
> above. I usually give Two months GRACE PERIOD to all
> applicant before Re-payment can commence. The loan must be
> insured: The insuring of this loan will be done by the
> Borrower who is taking the the loan. Therefore the Loan
> seeker will be responsible for the Insurance Fees.open
> Insuring this Loan Funds, A certificate of Insurance will be
> Issued to me,Which i will be sending to you Via e-mail
> attachment. Time of
> duration: The borrower must pay back at the rate of interest
> within the stipulated time ( 5 YEARS ) as stated by the
> Loan Lender (SA MORTGAGE FINANCE ) after cashing the loan
> with 24 Hours after due process to this
> effect. Do get back to
> me if you are in agreement with the loan terms and condition
> so that i can take your loan to the issuance office for them
> to insured your loan for the transferring bank for
> transfer. Hope to hear
> from you soon. Thanks and God Bless.
> Best
> Regards.
> SA MORTGAGE & FINANCIAL
> SERVICES
> Contact Number: +27624662718
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