Answer: -It's 100% a scam! Don't send them money!! No credible place will ask for a "deposit" for a loan. Try different banks and credit unions. Most places will work with your credit because they want your business. -I think it's a scam.Try talking to a professional at your bank about getting a loan, also, you can research online to find institutions that could loan you the money you need.Before doing this though, decide if what you want all this money for is really necessary. And if it can wait. If it can, try some techniques to raise your credit score. Just about anything that requires making payments to an account raises that score: cell phones, credit cards, car payments, financing options with stores (electronics, etc). -It sounds like a scam to me too. I had a few experiences similar to this one, people offering me money to cash a cashier's check and transfer money to their account over seas via western union. I wouldn't get a loan from anyone over seas.