Complaint Review: Windset Capital Corporation - Riverton Utah

You basically have confirmed everything I stated earlier in this one statement...

I do pay me vendors now

- Great you pay them NOW, the issue is that you failed to pay them THEN.

But let us continue through a few more...

 I've been in business successfully for over 5 years and over 17 in the industry and you'd think something offered from quickbooks would be safe.

- And you would think that someone in business for 5(or 17) years would be aware of these Medicare Audits and plan accordingly to get them through these times without being desparate.

They sent an email offering a payout but my husband was hit head on in an accident on 9/4 ( still in hospital by the way) and I was a few days late in reading email From them where I was offered the total payoff of the original loan,

- While I am sorry about your husband, what does that have to do with anything?  You got the loan way before this and nothing in your previous updated stated that this was the reason you stopped paying.

In paragraph 10 it states that even though you make the weekly payment (189) and pay off early you are still requires to pay the amount of payments.

- So did Paragraph 10 change from the time you signed the loan until now?

Education is key and I don't want any other minority owned business to go through what I've been through. 

- What does being a minority have to do with this?  Are you saying they wouldn't offer this same loan to non-minorities?  Are you saying that non-minorities wouldn't fall for this?  Please enlighten us.

I do pay me vendors now. I have a business degree and was behind because medicare likes to audit everything to postpone payments. I've been in business successfully for over 5 years and over 17 in the industry and you'd think something offered from quickbooks would be safe. They sent an email offering a payout but my husband was hit head on in an accident on 9/4 ( still in hospital by the way) and I was a few days late in reading email From them where I was offered the total payoff of the original loan, So now they have Put a lien on my home. I made daily payments for months to them. I called and called to renogiate payment terms and was told time and time again that they do not do that and kept compounding interest.  In paragraph 10 it states that even though you make the weekly payment (189) and pay off early you are still requires to pay the amount of payments. That is predatory lending. Look it up. It was a moment of weakness On my part but now since the accident, I've been at the hospital with my husband who was care flighted and barely survived! They are loan sharks and meet the very definition of predatory lenders. The requirement of not being able to pay a loan off early and being bombarded with call and email to sign is by definition predatory. Education is key and I don't want any other minority owned business to go through what I've been through. 

It is no wonder why you were behind with some vendors in the first place.  Because you seem to not know even the basics about running a business.

After all where in your business experience or education did you ever learn that it was a good idea to sign contracts or other legally binding documents with things left out or where you don't totally understand what you are doing?  Or was it because you were so desparate for any money this was a case of sign now...complain later.

On the plus side, at least you are only being sued by a single company instead of the many vendors you were stiffing.