I applied for financing and gave these guys a deposit check. Mr Kim said I was approved when I was not. He said I could pay off the loan with no penalties when paying off the loan is one big penalty. They wont return my calls or my emails.
Please help -
If you have a similar experience with these guys, please call or email me.
Lisa (((ROR redacted)))
CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.
Jonathan
Irvine,#2
Fri, September 11, 2009
Once again, another useless and false report, probably made by the same Jealous, Angry and Imputant Individual. (LMAO!) I no longer work in sales, and as such do not work with borrowers directly. Graystone is a "Vendor Based" organization and does not use the types of contracts that companies like: Benchmark Financial Groups, in Aliso Viejo, CA. Please also understand that Graystone works with vendors and partners on an exclusive level and are the prefered lender for many national vendors. Also please be aware of any leasing company that requires a deposit (Without Final Approval and Funding Docs) and any company that does not have the proper Time in Business and Dunn and Bradstreet (D&B) score (Should be in the high seventies at the very least). Please feel free to contact me at 949-838-7088. Thus far I have not been contacted by any borrower "looking for a stolen deposit..." http://www.ripoffreport.com/Loans/Benchmark-Financial/benchmark-financial-groups-ll-3eae3.htm http://benchmarkfingrp.com/ http://www.la.bbb.org/Business-Report/Benchmark-Financial-Groups-LLC-100045720 http://www.druginjurylawyerblog.com/2009/01/benchmark_financial_groups_llc_1.html Posted On: January 28, 2009 by Derek T. Braslow Benchmark Financial Groups, LLC Class Action --- Lease Financing Bait and Switch? Benchmark Financial Groups, LLC, located in Aliso Viejo, California, purports to assist companies obtain financing for equipment and capital related leases. According to the companys website , Benchmark provides quick competitive leasing in 5 easy steps. Such process typically includes the prospective applicant provide Benchmark with financial statements, tax returns, and banking information, at which time Benchmark claims to process and then render a decision on such leasing and financing application. Additionally, prospective applicants must provide Benchmark a deposit, which is calculated as the first and last monthly lease payment plus a $200.00 document fee. Such deposit is solicited from applicants under the contractual representation that the deposit will be refunded by Benchmark if the application is not approved. Despite this representation, Benchmark is engaging in fraudulent, illicit, unlawful, and predatory business practices by: 1) Failing to refund deposits to prospective applicants upon non-approval of a lease application; 2) Failing to inform applicants in a timely and reasonable manner as to the status of the lease application; 3) Intentionally declining prospective applicants the initial loan amount sought and then substituting loan approval for a lower amount and generally at a significantly and unreasonably higher interest rate; and 4) Violating Californias Business and Professions Code, Section 17200 et seq. In fact, as of date, the Better Business Bureau has rated Benchmark an F based upon the above wrongful business practices. If you or someone you know has applied to Benchmark Financial Groups for financing, equipment leases, or any other type of lease and experienced any of the above, please contact our law-firm immediately for a free case evaluation. Posted by Derek T. Braslow | Permalink | Email This Post