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Report: #662613

Complaint Review: Network Capital Funding Corporation - Irvine California

  • Submitted:
  • Updated:
  • Reported By: Jeff — Charlottesville Virginia United States of America
  • Author Not Confirmed What's this?
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  • Network Capital Funding Corporation 2040 Main Street, #420 Irvine, California United States of America

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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: https://www.ripoffreport.com/reports/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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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REBUTTALS & REPLIES:
2Author
0Consumer
0Employee/Owner

#2 Author of original report

Misunderstanding has been corrected.

AUTHOR: Jeff - (United States of America)

POSTED: Tuesday, November 16, 2010

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

They corrected the problem

AUTHOR: Jeff - (United States of America)

POSTED: Tuesday, November 16, 2010

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

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