Have anyone ever heard of Norel Capital located in ...

I just got a call frm them too with a loan acceptance. I am looking for information on this company as well befor I give them ny more information on myself. Please let me know if you get any feedback or find anything out.

Alicia   abgarcia1968@hotmail.com

THEY ARE A SCAM!!!  These SOBs are going to hear from my attorney.  They called and said I was approved for a secured loan for $5000.  Ok that is great, I can handle the secure payemnt of $805.  They told me my momey would be in my account within the day.  Nothing happened.  I called the day after Thanksgiving and the guy told me that they needed another $806 sent to them for added security and then the money would be given to me.  I should have stopped but I needed the loan.  I sent them the other funds (via Western Union).  That night after numerous phone calls to customer service and me getting hung up on.  My money never came.  I called again on Saturday and the man told me that he wanted $1000 for insurance on the contract in order for me to get the money.  I told him Hell no and I wanted to cancel the contract.  He said he would send it out to me with in 72 hours.  Here we are 2 weeks later, thousand phone calls later and still nothing.  I just called and he told me to just hire an attorney!  I need my cancellation contract so they don't try to screw me more!

Yes and I do not recommend it to anyone.

My roommate was trying to get a loan with them. On 12/7/2009 they told her she needed $800.00 collateral or $1500.00 insurance premium. She choose the $800.00 collateral. The funds were sent via Western Union. She called in the MTCN to the 'loan officer', Ronald, and he assured her the funds would be in her account within 6 hours. The next day the funds were still not in her checking account. Once again she called, this time they told her because of her credit, the lender would need additional collateral, $700.00. Because her need is so great and she now needed the proceeds not only to payoff bills but also the people that helped her with the collateral, she said yes and scrambled to come up with $700.00. This too was sent via Western Union to the lender, MTCN called into 'customer service', Colin, again she was assured this was it. The funds were to be in her account in 2 hours.

No deposit was made, so at 8am 12/09/2009, she called 'customer service', Colin, again, now he told her she had to come up with $1000.00 for insurance!! At that point totally frustrated she asked for a refund of the total funds already sent. She was told a refund would be issued in 30 days.

Several calls have been made to Norel Capital. She was always asked to call back in 30 minutes. On one call she contacted her 'loan officer', Ronald, and asked if she could speak to Mr. Thomas Leah or Mr. Charles Cogertly to see if she could get anywhere further, he told her they were in a meeting but she could leave a message with 'customer service', Colin. She called back and got 'customer service', Colin, and was told that Mr. Thomas Leah is not expected back in the office for at least 3 1/2 weeks. When she persisted on talking to Mr. Charles Cogertly she was told he was not in the building and was hung up on.

The last report as of 2pm on 12/09/2009:: the refund is being processed, it will take 30 days, and there is no one that can access the loan file other than Ronald who says he no longer as access because it is 'ready' to be funded and Colin who is requiring more money.

We have contacted an attorney.

This informatioin is very helpful, thanks sorry for ur mishap hope it all works out for you.  Have you heard anything more form the company ? haove u contacted an attorney? Has funds been put in ur account? You should notify your bank so that they are not able to take anyting out of ur account.  Please update me...Thanks

If anyone has reported a crime involving Norel Capital, please have them contact Detective Canney, Brookline Police Dept. at (617) 730-2613 re: an ongoing investigation.  Law Enforcement Only Please.

i have just gotten a phone call from Andrew Evans saying i got a loan for 5000 dollars i had to pay 5 month payments in-advance to get the loan.pay western union as far as i got.snow storm did not send thank god i looked up information on the scam artist.

Phone number is now disconnected.