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• Oct 13, 2026
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Loan approved then told to pay $1600 upfront

I inquired about a $20k loan and was told I was approved. Then right before processing they said I didn't qualify and that I needed to pay $1600 upfront to process the loan. They said they use sponsors and asked me to upload an app called Shake Pay. Funds up to $5000 were etransferred to my account and then to Shake Pay. The etransfers came from different email addresses.

I etransferred $1600 to an email address they told me to send it to. After that I started feeling like something was off so I told them I wanted to cancel the loan request and get my full $1600 back. They agreed and said it would take 5-7 business days.

Now I see on the website that this company is a scam. I just want to know how I can get my $1600 back.

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