Allied Capital Plc
Misleading Loans

We entered into a loan application with Allied Capital, with substancial agreements including guarantors and loan deposits. They implied the loan would be approved on the basis that if we paid the deposit it would go through. They then declined the loan on unsubstantial grounds and kept 50% of the deposit. We feel that the deposit was unjustified and the company was misleading in their communication that the loan would be approved. We are also concerned, as we were in a good position to have a loan secured that they company may do this frequently and secure funds that are not returned of substancial amounts which they then decline and keep the deposit funds.

We would appreciate if you could look into the company and other possible complaints and the number of loans they actually approve. We don't expect to get the funds back, but don't feel this company is trading fairly.

Company: Allied Capital Plc
Country: United Kingdom
Region: England
City: London
Site: alliedcapitalplc.co.uk

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