- Report: #351070
Report - Rebuttal - Arbitrate
Complaint Review: Ultimate Business Services
Ultimate Business Services1928 E Highlnd Ave #612 Phoenix, Arizona U.S.A.
Ultimate Business Services, Advanced Merchants Capitol Out of the Blue. Lucrative Financial Offering to help local companies Phoenix Arizona
*Author of original report: Advanced Merchant Capital, Phoenix, AZ
The problem with charges is they become buried among other whimsical acts. Cash flow companies thrive on this.
Ultimate Business Solutions (UBS) offered an opportunity(?) to help local companies. UBS would provide loans interest free. Supposedly working through the major Credit Companies. Recipient would pay back the loan from a percentage of the future profits. (Isn't that the way a loan is usually paid?)
UBS would then pay me a percentage (I think he said two percent).
I could get started with only a $495.00 fee. Charging a purchase is simply too easy. It doesn't pinch your pocket until later.
In fact, I forgot about it. Until the second week of July. When the Director of Operations rings my phone and has "Some exciting news!"
He tells me how they call the companies once a week for six months. This would cover any changes that may occur.
Now he wants me to fork up another $1250.00 to obtain a "block" is the word he uses of companies they'll call. What shut done my positive thoughts on this venture was his insistence that I do not contact any of the merchants.
In other words, they were going to pay me for doing nothing!
I told him to get lost.
A recent phone exchange has USB telling me they can't find any record of the Feb 07 transaction. Agent also mentioned that "The credit card company must of put a hold on the transaction."
When I called "Credit Card Company", they knew nothing of this "hold." What does that tell me?
WEST PALM BEACH, Florida
This report was posted on Ripoff Report on 07/14/2008 01:18 PM and is a permanent record located here: http://www.ripoffreport.com/r/Ultimate-Business-Services/Phoenix-Arizona-85016/Ultimate-Business-Services-Advanced-Merchants-Capitol-Out-of-the-Blue-Lucrative-Financi-351070. 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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