Newdale Capital Reviews - Newdale Capital Scam or Legit

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Alex – Mar 18, 2020

I had the same experience. I was told that I was approved for a loan and needed to send $480. I sent the money and was told that the money was on the way. The next day I received a call from who was supposed to be Stephen Hayes supervisor telling me that I needed to send an additional $600 to get the loan. I refused to and requested a refund. It’s been almost a month and I have yet to receive my refund. I contacted Stephen last week and he told me that a certified check was sent and I should receive it in the mail in 2-3 days. Here it is a week later and no check. I’ve been trying to contact the company but now their phone is not working. Legal action is being taken against this company.

Nicolas –

Total money lost $500

Type of a scam Advance Fee Loan

I had applied for a consolidation loan with them. They said due to my credit score I needed a deposit of $650. Which was sent and no funds were sent to me. They had a very legit looking website and contract I spoke with them to verify information. They did all the normal requirements.

Then when I questioned where the funds were I had a supervisor call me who sounded like the representative Steven I was dealing with trying to disguise his voice.

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