- Report: #1387762
Complaint Review: consolidated funding - Miami Florida
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Author Confirmed
Why?
consolidated funding
1899 N.E. 164th Street North . Miami, 33162 Florida, USA
Phone:
888-502-8883
Web:
www.consolidatedfunding.net
Categories:
Business Rating:
(0)
Tell us has your experience with this business or person been good?
consolidated funding George Gonzalez, Kenny Scam Liars George Gonzales was relentless in his pursuit to have me file a credit application to secure business funding. Finally I agreed with one precondition; that Consolidated Funding was in fact a primary lender and not a broker and would only puul my credit one time. George confirmed that was the case and promised me via telephone and email that there would be one credit pull by Consolidated Funding only. Within days of submitting the application credit pulls started showing up on my credit report from various lending organizations. Then Kencalled with a ridiculous loan shark type offer of 20k loan at $47600 . He admitted to shopping the loan . Miami Florida
George Gonzales took credit application and promised verbally and in writing that they were direct lenders and would not shop the loan. That was my condition of submitting the application. Within days of submitting the application multiple credit inquiries started showing up on my credit file. When Kenny (posing as the owner of the company) called to offer a ridiculous 20k loan with a $47600 over 6 months payback he admitted to shopping the loan.
And attempted to tell me to take the loan and he would hook me up (wink wink) with a buddy of his that would ''Make me look like a millionaire'' in 90 days at which time he would assist me in consolidating the loan.
I bet he would.
If these characters contact you run don't walk as fast as you can. Now I must go through the process of having these inquiries removed from my file.
2 Updates & Rebuttals
Kens
Florida,USA
Now that I know who the merchant is
#2REBUTTAL Owner of company
Fri, July 28, 2017
There are always two sides to every story, in this case merchant came to us loaded with 2 loans stacking them against the policy of the lenders that he borrowed. His payments were to high and he begged for a consolidation of the loans before the lenders found out about it.
Furthermore this merchant applied with many places and was rejected before he even came to us and it was a lo0ngshot to be funded in the first place.
The offer made to the merchant was no where near his claim and it was to be a third position cash advance without collatteral. When you stack your loan it is the same as taking the title to two different banks to your car and taking two loans on it. You are not suppossed to do that.
Merchant was lucky to get any offer at all since when you cheat and stack no lender wants you and the merchant didnt like to hear that so he complained
Kens
Florida,USA
Merchant error
#3REBUTTAL Owner of company
Tue, July 25, 2017
Consolidated Funding does not do loans so the merchant must have been a merchant that was declined for an MCA advance . Furthermore Consolidated Funding does not check credit nor do we have any way of checking a merchants credit which is clearly stated on our application . We are very cautious with our referral service so that the lenders which we are using do not check someone's credit more than once however there are occasional times where on margin does not qualify for any type of MCA advance Due to very very poor credit and or defaulting on the terms of another cash advance and therefore we are forced to try more than one lender who might give them the opportunity to get some money It's always the people that were declined for credit that have a complaint to make and I am terribly sorry that we could not help this merchant however aggressive trying is good work not a complaint
