- Report: #860769
Complaint Review: Five Point Capital - Internet
Reported By:
Brandon Jacobian -
Buena Park, California, United States of America
Submitted:
Updated:
-
Author Not Confirmed
Why?
Five Point Capital
10525 Vista Sorrento Pkwy, San Diego, california 92121 90620 Internet, United States of America
Phone:
(800) 317-3404
Web:
www.fivepointcapital.com
Categories:
Business Rating:
(0)
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Five Point Capital Don't Believe this company for a second - extrememly deceptive marketing practice Internet
Beware! Warning! All business owners, human beings, dogs, cats...If you are breathing any air and alive BEWARE OF THIS COMPANY!!! This is the most crooked company in America. I own over 50 commercial vehicles with one of the largest transportation company in California and got tricked into using the company who calls themselves a bank. I don't know how anyone who works for this company even sleeps at night knowing how big of crooks the owners must be. Sent me a $100K pre-approved credit line to go find a vehicle and make a deal on it. Made the deal for a $100K vehicle and paid them $160K dollars in payments over 5 years at a 19% interest rate. Five years later they tell me I was just "renting" the vehicle from them and I need to buy it from them after the appraise it or they'll auto renew me. Stay away these guys are the biggest thieves and crooks in business. I now see on page 3 of their small print contact where they paid some expensive lawyers to write up these ripp off agreements.. These guys should be shut down. I can't explain what it's like to feel like someone is legally ripping you off and they know it!!!
1 Updates & Rebuttals
Brandon Jacobian
Buena Park,California,
United States of America
Beware, read their contracts very carefully before signing anything...ask many questions
#2Author of original report
Fri, March 30, 2012
Make sure you are not just renting the equipment. Make sure you know what type of deal you are getting into before signing any agreement with any bank or leasing company. That's all I can say.
