Ripoff Report Needs Your Help!
X  |  CLOSE
Report: #843377

Complaint Review: Ability Capital Solutions - Long Beach California

  • Submitted:
  • Updated:
  • Reported By: Angry in Georgia — Locust Grove Georgia United States of America
  • Author Not Confirmed What's this?
  • Why?
  • Ability Capital Solutions 401 East Ocean Blvd Long Beach, California United States of America

Ability Capital Solutions Matrix Capital High Deposit-No Return Long Beach, California

*Consumer Comment: File a complaint with the FTC

Show customers why they should trust your business over your competitors...

Is this
Report about YOU
listed on other sites?
Those sites steal
Ripoff Report's
content.
We can get those
removed for you!
Find out more here.
How to fix
Ripoff Report
If your business is
willing to make a
commitment to
customer satisfaction
Click here now..

I am also a victim with the same type of complaints that the others have written. I was promised a line of credit to make purchases for my new business and was told that things would be available within 30 days, but first, I had to make a sizeable down payment to pay for the first andlast months payments, which I did.

After about 5  months and lots of paperwork red tape and constant phone calls from the company, I was "approved" for about 15% of what I had been promised at a ridculously high interest rate. Afterwards, I requested paperwork to "unwind" the deal and get the remainder of my deposit back that wasn't used. I had to ask for the form at least 5 times and was told that it was "someone elses department" and that whey would get back to me.

So finally the paperwork was acknowleged, but I was told that I couldn't get any of the monies back because of their "processing fees". Then after I continued to badger them, I was told that I could get just over 30% of what is owed to me (I feel), again because of "processing" fees, but that it would take up to 8 weeks to deliver it to me.  I'm still waiting.

Be smarter than I was. DO NOT DO BUSINESS WITH THIS COMPANY.  And by all means, DO NOT SEND THEM ANY MONEY UP FRONT.

This report was posted on Ripoff Report on 02/23/2012 10:52 AM and is a permanent record located here: https://www.ripoffreport.com/reports/ability-capital-solutions/long-beach-california-/ability-capital-solutions-matrix-capital-high-deposit-no-return-long-beach-california-843377. 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

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?

Updates & Rebuttals

REBUTTALS & REPLIES:
0Author
1Consumer
0Employee/Owner

#1 Consumer Comment

File a complaint with the FTC

AUTHOR: anonymous - (USA)

POSTED: Thursday, December 10, 2015

 After investigating this company I have found NUMEROUS complaints of a similar nature with the BBB and lease police. I would like to suggest reporting this company to the FTC or federal trade commission. Although leasing companies are not highly regulated, they still work within the financial sector. The number of cases reported will only serve to support the preditory and premeditated nature of this company along with their unfair refund practices.

Respond to this report!
What's this?
Featured Reports

Advertisers above have met our
strict standards for business conduct.

X
What do hackers,
questionable attorneys and
fake court orders have in common?
...Dishonest Reputation Management Investigates Reputation Repair
Free speech rights compromised

WATCH News
Segment Now