Q&A: Is it normal to have to put money down on a secured personal loan in order to receive the loan?

Question by james m: Is it normal to have to put money down on a secured personal loan in order to receive the loan?

The lender is at www.midwaylending.com They said I had to pay money up front to cover the first 9 payments. They said because it was a private investor who is loaning the money.
The lender is at www.midwaylending.com They said I had to pay money up front to cover the first 9 payments. They said because it was a private investor who is loaning the money.
sorry bout the double details! lol

Best answer:

Answer by David M
No, this is a scam. Run away.

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