MILWAUKEE (WTAQ) - Wisconsin’s Better Business Bureau now has almost 140 complaints about a Milwaukee firm that reportedly offered government loans that were not provided.
The Journal Sentinel said hundreds of low-income people in Milwaukee’s inner city lost fees of up to $40 they paid to a company called “My Bill Assist.”
The paper said the firm was taking applications for loans of up to $1,500 to pay bills. And some people said they were told the money came from President Obama, and did not have to be paid back.
They were reportedly charged a $20 application fee and a $20 membership fee.
Several people told the paper they were concerned about identity theft, because they gave their Social Security numbers and other personal information to the firm. Milwaukee Police say they’re investigating.
The Journal Sentinel said the company stopped taking in-person applications, and only accepted requests online. Thursday, the paper said the “My Bill Assist” Web site was limited to those with passwords.