Complaint Review: United Working Capital Corp - Tuscan AZ

When Nathan called I said yes that sounds great, his supervisor Michael Richards emailed me with a welcome letter. After talking with Mike I sent him an email stating what he has to offer will not help me, it appears to be another daily loan and I'm not interested in that, I was looking for a long term loan and to make a monthly payment.

He called me that evening after asking if I could talk in the AM, he called that evening and said, we are not offering another daily pay loan, and reassured me that this was a long term monthly loan.

He said I was approved for up to $75,000, I would get $40,000 of this amount and then in 5 business days of making the payment I would receive the other $35,000 and then it would be converted to a monthly loan payment.

I worked with him over the course of a week and a half, he sent me a paper showing me the terms and how the long would convert to a montly payment. He stated that the first deposit would just sit there and make 5 payments of the daily drawl, after that the other monies of $35,000 would drop into my account and everything would convert to a monthly loan in the amount of $2,285.90. He said just let it drawl the daily payment off of the first amount, let it sit and then when the rest of the money drops you can pay off the other loans and this loan will convert to a monthly payment. He also stated that after 15 days he would work with me to get another loan paid off, just had to be in good standing for 15 days.

Well the first loan went through, he said when you talk to funding don't say anything about the monthly payment conversion, I will handle all of that it will all come back to me. He stated the final decision is his and nothing will be funded until he approves, because he is the direct lender.

So I let the first amount of money sit in my bank account as instructed by Mike, I waited my 3 days and started calling him about the game plan for the 5th business day, since the 5th day was a holiday I thought we needed to get the game plan together as to what the next step would be. He called me on February 14, 2019 in the evening telling me that he was going to email me over the sales schedule so I knew what the game plan was and what to do next. I never received the email!!!! I called him every day and emailed him every day, at first he would send me an email that he would call me in certain amount of time and he never called.

I called the company that he worked for and could never get through to customer services, underwriting, or the sales division. The computer would say extention 901 is on another call, leave a message and someone will call you back.

So I took matters into my own hands and emailed the lending company that I was mislead on the loan from Mike at United Working Capital Corp. I received a phone call within 5 minutes of my email explaining what was said to me and how the program would work. I explained that I told Mike I could not handle another daily pay loan!! I explained that Mike assured me that this wasn't the case and this was suppose to be converted to a monthly payment after 5 business days. I'm working with the lender to have this resolved.

If you get a call, email, mailer from United Working Capital Corp, RUN!!!!!!

They are a SCAM!!!

I am not discruntle, he lied to me about what kind of loan this was because I would have never taken it. I did not need additional money I just wanted to consolidate to one monthly payment.