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Michael Holly
Michael Holly, Solicitor
Category: Law
Satisfied Customers: 6911
Experience:  I have 20 years of experience as a solicitor in litigation and other areas
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Hi.Sorry my line was cut off just now.I want know if mohammad

Customer Question

Hi.Sorry my line was cut off just now.I want know if mohammad chang mortgage lending company located in India,GK-1 M-17, M Block Market, Greater Kailash 1,
Delhi 110 019 India.
Phone: +91-9582-698- 129.
is really registered company in India or just a scam because I intend to get a loan from them which they claim already approved.However they want me to pay upfront S$577/- as origination fees.Do you have an answer on my question.Thanks
Submitted: 4 years ago.
Category: Law
Expert:  Michael Holly replied 4 years ago.

Most scam companies will have a proper registered company as failing to set one up is an easy way of detecting it is a scam and companies are easy to set up.These days a company can be set up online at minimal cost.

However it seems to me to be a scam because you are being asked to pay a relatively small sum to gain a much greater one. Ask yourself why any fee cannot simply be deducted from the loan monies and they simply send you the rest?

I hope this helps. If there are any further points please reply

Best wishes

Yours sincerely

Expert:  Michael Holly replied 4 years ago.
I notice that the question remains open and you have not rated my answer. Kindly let me know if there is any thing further I can help you with.

Yours sincerely
Michael