I applied for a bad credit loan on a few different websites and a few days later was contacted by this company Starplex Solutions. They told me that I had been approved for a $10, 000 personal loan but because I had bad credit I had to pay a security deposit of a little over $1100. I took down the information, the representative emailed me the loan documents, then I began to research the company because it just didn't seem right that I should have to pay to get a loan.

On their website, Starplex Solutions claimed they were accredited members of the FBAA, Finance Brokers Association of Australia. I emailed FBAA to see if I could verify their membership. Turns out they were not members of this organization and they advised me not to send them any personal information and not to do any business with them.

I contacted Starplex Solutions to tell them what I had discovered. The representative didn't seem too surprised when he realized what I was telling him. He then basically said, 'So, Do you want me to cancel your application?'

DO NOT DO BUSINESS WITH THIS COMPANY!!! IT IS A SCAM!!!