• Report: #662613

Complaint Review: Network Capital Funding Corporation

  • Submitted: Tue, November 16, 2010
  • Updated: Tue, November 16, 2010

  • Reported By: Jeff — Charlottesville Virginia United States of America
Network Capital Funding Corporation
2040 Main Street, #420 Irvine, California United States of America

Network Capital Funding Corporation Bait and Switch Irvine, California

*Author of original report: Misunderstanding has been corrected.

*Author of original report: They corrected the problem

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Greg from Network Capital Funding Corporation was extremely responsive in the first week and indicated that my refinance rate was locked in.  He also said that we would close within 3 weeks.  Then he didn't answer the phone or e-mails.  When I finally went through a receptionist to track him down, he told me that the rate had increased by 1/2%.  He said that it was typical for a rate to increase during the process. 

I told him that he deceived me by luring me in and issuing a very misleading GFE.  I have never had the rate increase out of all of my previous refinance transactions.  I know the GFE is an estimate but it shouldn't change by 1/2%.

Stay away from this company!!!

This report was posted on Ripoff Report on 11/16/2010 01:00 PM and is a permanent record located here: http://www.ripoffreport.com/r/Network-Capital-Funding-Corporation/Irvine-California-92614-7251/Network-Capital-Funding-Corporation-Bait-and-Switch-Irvine-California-662613. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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#1 Author of original report

Misunderstanding has been corrected.

AUTHOR: Jeff - (United States of America)


This misunderstanding has been resolved by the company.
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#2 Author of original report

They corrected the problem

AUTHOR: Jeff - (United States of America)

Network Capital corrected this misunderstanding and now I'm satisfied with their service.
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