mzmoka84 asked:


Has anyone ever heard of Colossus Credit Lending Inc? I filled out an application on credit.com for a personal loan of $15,000 yesterday, and I was contacted today by this company saying that I was approved for the loan. However, the lender has to secure themselves by me making a down payment of 3 months payment on my loan. It sounds a little bogus to me, but I do know that when you take out a loan, unless you have excellent credit the lender requires some type of collateral. And usually if you don’t have any collateral, they won’t lend you anything. I’ve tried to research this company but can’t find anything. Has anyone used this company before? Also, if not, can anyone suggest someplace else that gives bad credit loans?

secured credit application