- Report: #789873
Complaint Review: GoPro Powersports Services - Internet
Reported By:
Dave -
Atlanta, Georgia, United States of America
Submitted:
Updated:
-
Author Not Confirmed
Why?
GoPro Powersports Services
Kemp, Texas Internet, United States of America
Phone:
903.498.6686
Web:
www.cyclelend.com
Categories:
Business Rating:
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GoPro Powersports Services Powersports Dealers Beware Internet
GoPro Powersports is a ripoff because the company says it is an exclusive source of subprime lending for a finance company called Select Payments, when in fact many powersports dealers have signed up directly with Select Payments.
Select Payments pays a commission to GoPro Powersports for every loan generated, but GoPro Powersports charges a $295 sign up fee to the powersports dealer plus a fee of $100 per loan. It's a ripoff because dealers who sign up directly with Select Payments do not pay the $295 set up fee or the $100 per loan fee.
Select Payments pays a commission to GoPro Powersports for every loan generated, but GoPro Powersports charges a $295 sign up fee to the powersports dealer plus a fee of $100 per loan. It's a ripoff because dealers who sign up directly with Select Payments do not pay the $295 set up fee or the $100 per loan fee.
1 Updates & Rebuttals
Go Pro Powersports Services
Kemp,Texas,
United States of America
Go Pro powersports Services
#2REBUTTAL Owner of company
Mon, November 21, 2011
Note: this was filed by a disgruntled former GPPS/independent agent that refused to comply with the basic guidelines required of him.This will be my only response
Since 1987 I have been in the Powersports business exclusively.We work with multiple lenders (30+) Nationwide that we have sourced through our relationships, nurtured over 20+ years in the business and created new programs too.The enrollment fee is not for a single lender as the poser stated, but rather a fee (all fee's are disclosed to the dealer) paid to GPPS for access to all of our services,including Lenders,Manufacturers,F and I products,Rentals and more.
We also have an exclusive program with the HELP CARD,not SP-as the misinformation spreading poser stated,that I structured through months of meetings to even make it available for powersports dealers,we are the only powersports entity promoting the HELP CARD to Powersports Dealers.Thus, only our selected GPPS Dealers have the opportunity to participate in the current Beta program for powersports buyers with a 600+ Credit Score.In addition,we work with multiple manufacturers and their 1000's of Dealers across the USA.
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