Unauthorized Loan Disbursement Resolution

Summary

If MoneyLion took out a secured loan in your name without disbursing the funds to you, it may be a breach of contract or mismanagement of funds. First, contact MoneyLions customer service to formally report the issue. If unresolved, file a complaint with the Consumer Financial Protection Bureau (CFPB) through their website. This process involves providing detailed information about your issue. If you encounter further issues, consider seeking legal advice to explore additional options.

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Hey ****! It sounds like you might be having an issue with MoneyLion. Could you please provide more details about your situation? Are you experiencing problems with your account or a specific transaction? This will help me give you more accurate information.
Moneylion took out a secured loan in my name and didnt dispurse funds to me.
Hi ****! That sounds like a serious issue. If a loan was taken out in your name without your consent and you didn't receive the funds, you might be dealing with identity theft or fraud.
- Immediate Actions:
- Contact MoneyLion to report the issue.
- Place a fraud alert on your credit report with major credit bureaus (Equifax, Experian, TransUnion).
- File a police report.
Do you need information on how to contact these entities?
They had my consent. I never received the money
Case Rating: *.
This sounds like a potential breach of contract or mismanagement of funds.
- Contact MoneyLion immediately to resolve the issue.
- If unresolved, you may need to file a complaint with the Consumer Financial Protection Bureau (CFPB).
Would you like more information on how to proceed with these actions?
Yes
- Contact MoneyLion's customer service and formally report the issue.
- If unresolved, file a complaint with the CFPB at www.consumerfinance.gov/complaint.
Would you like detailed steps on how to file a complaint with the CFPB?
Yes
- Go to the CFPB's website: www.consumerfinance.gov/complaint.
- Select "Start a new complaint."
- Follow the prompts to provide details about your issue with MoneyLion.
Would you like guidance on any other legal matters or further assistance?
No
It seems like a serious issue involving mismanagement of funds. Since you have the necessary steps to file a complaint with the CFPB, you should proceed with that.
If you need more help or run into issues, don't hesitate to seek legal advice. Good luck!