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  • Report:  #194167

Complaint Review: Cap Lending Group - Portland Oregon

Reported By:
- Newberry Springs, California,
Submitted:
Updated:

Cap Lending Group
1121 Southeast 82nd Avenue Suite P2 Portland, 97230 Oregon, U.S.A.
Phone:
800-690-5787
Web:
N/A
Categories:
Tell us has your experience with this business or person been good? What's this?
THEY CALLED US AND TOLD US WE WERE APPROVED FOR A $5,000.00 LOAN. HE TOLD US THAT WE HAD TO PAY A $700.00 INSURANCE, SO IF WE CANT MAKE A PAYMENT ONE MONTH THAT WOULD COVER IT. THEY WANTED US TO WESTERN UNION THE MONEY. THEY SAID WE WOULD HAVE THE MONEY IN 24-48 HRS, BUT WE DID NOT RECIEVE ANY MONEY. SO WE CALLED THE BBB AND THEY SAID THERE WAS NO SUCH COMPANY. THE MONEY WAS WESTERN UNION TO THE PERSONAL LENDER BY THE NAME OF MARCIA THOMAS IN CANADA. THIS PERSON WAS SUPPOSE TO BE THE PRESIDENT OF THIS COMPANY. WE HAD SIGNED A CONTRACT THAT WAS FAXED TO US. IT SEEMED REAL. ALSO WHAT THE MAN I HAVE BEEN TALKING TO NAMED JAMES HINTON SEEMED REAL. ALSO THE CEO NAME IS BRUCE ALLEN HE DOESNT SEEM TO EXSIST.

Jeff

Newberry Springs, California
U.S.A.


1 Updates & Rebuttals

Jim

Westminster,
Maryland,
U.S.A.
Cap Lending contacted me too.

#2Consumer Comment

Mon, June 12, 2006

I was also contacted by www.cap-lending.net. They gave me the same routine about sending $700 as security for the $5,000 loan and they would have me wire it to a private lender. Well, I work in a law firm and was somewhat skeptical of their faxed contract. It lacked significant amounts of boilerplate language that usually comes with a loan, and it looked as though the letter head was home made out of MS Word. I went to www.godaddy.com and searched for the site to find out the name of the contact person. I have sent him an e-mail (Matt Bruner from North Carolina) to confirm that he knows of the site. I also went to Oregon's State Government home page and searched their registered corporations thourgh their department of state web site (most states have these). Their corporation did not show up. Then I checked the legal disclaimer links at the bottom of the site and none were working. This all seemed too fishy to me so I didn't deal with the company. Still, these are easy research tasks that you can do to try to confirm the existance of a company. Good Luck!!!

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