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Thread: Has anybody here about Express Finance Loans?

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    Silver Member bjsteyn's Avatar
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    Has anybody here about Express Finance Loans?

    Infinity Office Park,
    Meyersdal,
    Alberton,
    Johannesburg,
    South Africa.
    NCR Reg No.: NCRCP3869
    Legal Reg. No.: 2008/252630/23

    Has anybody heard about Express Finance Loans, that offer 2.5% loan interest rates?

    Its obviously a scam, but have contacted cipro just to make sure.

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    Site Caretaker Dave A's Avatar
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    With the exception of the address, it checks out on the NCR website - AFRICAN SPEAR TRADING 183 CC t/a EXPRESS FINANCE

    Use the NCR registration number if you want to check the details.

    Charging 2.5% interest per month may be expensive, but that doesn't make it a scam.

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    Silver Member bjsteyn's Avatar
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    Quote Originally Posted by Dave A View Post
    With the exception of the address, it checks out on the NCR website - AFRICAN SPEAR TRADING 183 CC t/a EXPRESS FINANCE

    Use the NCR registration number if you want to check the details.

    Charging 2.5% interest per month may be expensive, but that doesn't make it a scam.
    Invlation is more than that, how can that be possible. Anybody can copy a company number and name and put it on a piece of paper. How can can a person be sure as I have an approved loan from them, but they require a R2500 legal fee.

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    Site Caretaker Dave A's Avatar
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    Quote Originally Posted by bjsteyn View Post
    Invlation is more than that, how can that be possible.
    Are we talking 2.5% per year or per month?
    There's a big difference.

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    Site Caretaker Dave A's Avatar
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    Quote Originally Posted by bjsteyn View Post
    2.5% in total over 3 years. not per year for the whole 3 year term.
    That does look suspect.
    Very suspect!

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    Hi bjsteyn,

    Express Finance Loans is a valid and registered company, but the likes of the 419 scammers are using their NCR registration details to commit fraud. I looked them up on the NCR website and they exist and are registered. So I phoned them and they confirmed that they have reported these fraudulent activities to the SAP. If you receive an unsolicited email from Express Finance Loans, please do not apply or pay them any money to facilitate payment of a loan.

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    Quote Originally Posted by jonathanwagner View Post
    Hi bjsteyn,

    Express Finance Loans is a valid and registered company, but the likes of the 419 scammers are using their NCR registration details to commit fraud. I looked them up on the NCR website and they exist and are registered. So I phoned them and they confirmed that they have reported these fraudulent activities to the SAP. If you receive an unsolicited email from Express Finance Loans, please do not apply or pay them any money to facilitate payment of a loan.
    Hi there, I was emailed a form and approved for a loan today, they want me to pay the legalization fee but I am a bit nervous to do so. Has anyone else received a loan from them?
    How do I get hold of them at a normal landline?

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    Site Caretaker Dave A's Avatar
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    99% chance you're dealing with the scammers Jonathan Wagner referred to.

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