I think this is a scam

I was contacted by Affinity Financial Trust regarding a loan I had applied for online. The only catch was that I had to pay them my first 5 monthly payments up front to SECURE the loan as my credit is shaky as a lot of us I am sure are in the same boat. When I got the contracts in my e-mail I looked them over and and the loan was not through them but through a Michael Levy of the Angel Investor Network. http://www.angel-investor-network.com

What they wanted me to do was deposit the $901.25 by wire transfer and then within two hours I would receive my $7500 loan amount. The part that caught me was the multiple fax numbers and the address in New York that when googled didn't come up with the business name or a number.

Here is the contact info for the "Loan" company in New York.

FROM: AFFINITY FINANCIAL TRUST.
LEGAL DEPARTMENT

ADDRESS: 450 MADISON AVE
NEW YORK,NY 10022

LOAN REP. JENNIFER SINCLAIR 1-800-963-1845 EXT# 155
FAX NO: 1(800) 521-4210
ALT. FAX# 1 (866) 653-4484 (718) 679-9761

Hi dareamare, loan scams really aren't my speciality, but this does sound dodgy. I'll do a bit of digging and post back here later.

I'm glad you're on the look out for scams, so I can assume you won't send any money right now.

We've had quite a few new members with this kind of query and currently have quite a large thread HERE and the info in that sounds very similar to your transaction.

Hi and welcome to Scamwarners,

Yes it certainly looks like a scam to me, much the same as the scam mentioned in this thread viewtopic.php?f=26&t=1605

I cant do any more research on this one right now but please read through the thread i posted above and see if it looks the same

Edit, looks like Newdonym has given you the same link

It looks like what you have is a scam that is piggybacking off a legitimate website. Angel Investor Network is a network of lenders for businesses, not personal loans, and affinity is not even on their list.

Phone number does not track to a legitimate business. Neither does 800 fax number. As you notice, address brings up red flags.

Another key point is that a reputable loan company does not do business by WU or money gram. There is no reason you would need to use a wire transfer service for a loan. These services are chosen because they are anonymous and untraceable, and the scammers can pick up the money and go.

End result: 100% scam.

Thank you everyone for all of your input. I am hoping that this post will help others before they lose any money. I have to thank my parents for teaching me if something is too good to be true, then it probably is.