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  • Report:  #312287

Complaint Review: Teach Me Foreclosure (WIA) - Cape Coral Florida

Reported By:
- Dallas, Texas,
Submitted:
Updated:

Teach Me Foreclosure (WIA)
1612 Cape Coral Parkway Cape Coral, 33904 Florida, U.S.A.
Phone:
888-220-0068
Web:
N/A
Categories:
Tell us has your experience with this business or person been good? What's this?
I attended a foreclosure seminar one night that was hosted by Teach Me Foreclosure. It was held at a Holiday Inn in Plano, TX. Just like the other reports I've read, they had this young guy selling you on the 3-day seminar. I foolishly signed up for it. One day I was on the internet and came across this website for ripoff reports, and there was Teach Me Foreclosure posted in plain view. I read some off the reports and decided to get out of this thing before I attended the 3-day class. I called for a refund and they told me that they would have to have a meeting to decide whether to give me a refund or not. The offer they had going that night for the class was $199. I paid $199. I kept calling and finally they told me they had refunded my money back to my credit card account. I checked my account only to find out that they refunded me $99 instead of $199. I immediately called back, and the unlikely story they gave me was that since I lived in the state of Texas, the fee for processing refunds was $100. What state charges that much to process a refund. They told me that this information was stated on the back of my contract/receipt. Now I stand to lose $100 on something that I could have read about and learned. There should be strict laws governing companies running scams like this.

Derrick

Dallas, Texas

U.S.A.


1 Updates & Rebuttals

Anne

Cape Coral,
Florida,
U.S.A.
The refund request was handled fairly, professionally, promptly, and legally

#2UPDATE Employee

Fri, March 07, 2008

Had this student made his refund request within the 3-day rescission period stated in the contract he signed, he would have received a 100 percent refund, no questions asked. However, his initial refund request came by telephone twenty (20) days after he signed the contract. He placed three calls to our company on the same day, and submitted his refund request in writing that day. The next day, we responded with a letter explaining his refund. On the following day, the refund was processed and applied to his credit card account. His refund request was processed promptly and in a reasonable time frame. In the nearly three weeks between the time he signed up for our training and the time he asked for and received his refund, our company spent time, money, and effort planning the event he decided not to attend. We were prepared to deliver a three-day training at a significant investment in resources; he canceled at the last minute well outside the terms of the contract he willingly signed. We also, in good faith, provided him with initial materials (the complete Teach Me Foreclosure Home Study course which includes a manual, audio CD, and CD ROM) which he was allowed to keep and use for approximately one month, and then we paid the postage for its return. His signature on the contract was his acknowledgement that if he wanted a refund, we would keep $100 as a fee for planning a training he had agreed to attend. We regret that this student decided to not go forward with his training, but our response to his refund request was handled promptly, fairly, professionally, and legally. Our introductory and advanced training courses and other education programs are of the highest quality and we stand firmly behind their value and effectiveness. For more information about Teach Me Foreclosure programs, please visit www.teachmeforclosure.com.

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