aroused
  • Report: #419371

Complaint Review: American Homebuyers Network USA - Financial Network USA Aka 1st Financial - SaveOurHome.com

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  • Submitted: Mon, February 02, 2009
  • Updated: Fri, February 27, 2009

  • Reported By:Lino Lakes Minnesota
American Homebuyers Network USA - Financial Network USA Aka 1st Financial - SaveOurHome.com
Eagan, Bloomington & Eden Prairie, Minnesota Eagan, Eden Prairie, Bloomington, Minnesota U.S.A.

American Homebuyers Network USA - Financial Network USA Aka 1st Financial Aka SaveOurHome.com Aka Fraud, discrimination, claims of money laundering Eagan, Eden Prairie, Bloomington Minnesota

*UPDATE Employee: Response to bogus and libelous accusations against our company

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Seminar by Bill Blanchard, Bob Felen (who uses several names) and a Dan.

Claimed to be loan modification program. Will not use women unless for sexual favors. Refused to give out info on Series 7 licensing required by MN State. Too new to find online for other reports. Recruiting people for leads on loan modifications but refusing to pay out leads. Commission only, requires fee for your website contact. Claims to be working with lawyers but will not give name of law firm doing their work. Said one plan actually destroys credit rating but then you can come back and sell a credit repair program. Claiming they will pay out from $800 to $3400 per customer lead and program sold. One staff member also claimed they were using paperwork from customers to "get into other businesses." One has connections to Cedar Valley Exteriors which has several complaints against them for collecting insurance checks from customers and not completing work. Also has connections to a collection agency where his wife claims she can put in false reports and attack your credit if you refuse to pay. Bob Felen actually used the words "scam" and "con" in relation to the customers several times during the "training session".

There were 30 or 40 people in this training session - something he claims is normal. He also said he would not use women, "Only the men will get in."

Listed job under "Bid Innovations".

Keentina
Lino Lakes, Minnesota
U.S.A.

This report was posted on Ripoff Report on 02/02/2009 07:39 PM and is a permanent record located here: http://www.ripoffreport.com/r/American-Homebuyers-Network-USA-Financial-Network-USA-Aka-1st-Financial-SaveOurHomecom/Eagan-Eden-Prairie-Bloomington-Minnesota-55343/American-Homebuyers-Network-USA-Financial-Network-USA-Aka-1st-Financial-Aka-SaveOurHome-419371. 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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REBUTTALS & REPLIES:
0Author 1Consumer 0Employee/Owner
Updates & Rebuttals

#1 UPDATE Employee

Response to bogus and libelous accusations against our company

AUTHOR: Bob Feland - (U.S.A.)

These comments about our company are totally and completely false. There is no truth in these libelous claims and we have sought legal advice as to the process for responding via the legal system to address these accusations. In fact, these allegations are so out of the realm of possibility as to not even warrant a response. However, at this time our legal counsel has advised us to use this rebuttal process initially to address these false claims as we initiate our response. The following is a brief summary response to each claim as stated.

"Claimed to be a loan modification company"
In point of fact, we are not a loan modification company, we are a marketing company. We have a growing network of independent affiliates who have the ability to promote our our "service providers" who have a direct relationship to our company in the areas of loan modification, debt settlement, business micro lending, etc.

"Will not use women unless for sexual favors"
First of all, we are not clear on what the accuser means by "use women". We have asked several of the women who make up a large and growing portion of our network to get their feedback on this issue and their reaction has been one of incredulity and/or shock at such ridiculous claims. We don't use men or women. We empower them with an opportunity to earn extra income as independent affiliates. The compensation schedule is the same regardless of gender which almost seems ridiculous to even have to say that. Now the "sexual favors" part is even more offensive to us. First of all, we don't know where the accuser came up with such an outlandish statement. Second, the very idea on it's face is so outside the realm of possibility as to not even warrant a response. However it must stated that all three of the leaders mentioned have been married for 20+ years with healthy marriages and strong families. Enough said on this point.

"Refused to give out info on Series 7 licensing required by MN state"Not sure where this came from but if a person needs more information on licensing requirements in the state of Minnesota the Dept of Commerce has a great website available. That website should be able to answer your questions in this area.

"Too new to find online for other reports"
Financial Network USA began marketing our service provider's programs on January 11, 2009. We offer an exciting new income opportunity for individuals looking to add another income stream. We provide a unique direct sales opportunity with 2 forms of compensation, personal sales and affiliate bonuses on 2 Tiers.

"Recruiting people for leads on loan modifications but refusing to pay out leads"
Our records indicate that all members who have paid for their leads have been given their leads. We have had no customer service requests for lead fulfillment that have not been satisfied.

"Requires fee for your website contact"
Financial Network USA has a monthly technology fee of $9.99 for access to our back office and replicated websites for each independent affiliate. Industry standard is actually more than this so we believe this is a very reasonable business expense for our field force as it helps defray part of the cost of maintaining a state of the art website.

"Claims to be working with Lawyers but will not give name of law firm doing their work"
Our loan modification service provider uses some of the best real estate attorneys in Minnesota, Wheeler and Associates. Wheeler, John - Wheeler Law Office, (651) 224-5079, 1102 Grand Ave, St Paul, MN ... (651) 259-6700, 408 Saint Peter St # 240, St Paul, MN ...

Said that one plan actually destroys credit rating but then you can come back with credit repair program Everyone knows that utilizing the services of a debt settlement company to negotiate the payoff of personal credit cards will have an adverse effect on your credit rating. We believe that it is important to explain this to our clients so that they understand all of the facts before they make a decision of this sort. It is also common knowledge that consumers can work with credit education and repair companies to attempt to clean up their credit report.

Claiming they will pay out from $800 to $3400 per customer lead and program sold
The personal sales commission for a loan modification is $800. If the client want to utilize our debt settlement company, our mortgage acceleration company and our other service providers the independent affiliate could earn additional income per program sold. Every client is unique and has different needs. We try to help them any way we can.

One staff member also claimed they were using paperwork from customers to 'get into other businesses'. One has connections to Cedar Valley Exteriors which has several complaints against them...Also has connections to a collection company...

First of all, from a corporate policy perspective, every client record we have is held in complete confidence for security purposes. We don't know who Cedar Valley Exteriors are and have never done business with them. We don't know who this supposed collection agency is and have no formal affiliations with any collection companies at this time. Secondly, if anyone in our sales force is violating our policies and procedures we want to know about it and will take immediate, decisive action to terminate any and all violators.

Bob Felan actually used the words 'scam' and 'con' in relation to the customers several times during the 'training session'
First, we don't recall Mr. 'Felan ever using those exact words in any of his training sessions. If those words were spoken during a training session they were probably used to address the fact that there are other loan modification companies that actually don't follow the law either in their corporate structure or in their business practices. Financial Network USA's service providers are all fully licensed and in compliance with all state and federal requirements. We are very confident in our service providers' abilities to perform for our clients.

There were 30 or 40 people in this training session something he claims is normal. He also said he will not use women, 'Only the men will get in.'
Our saturday training sessions are designed to educate our independent affiliates on all aspects of each industry that we service. We have well over 100 affiliates in our first month and a half of operations and about 30-40 affiliates show up for training each week. Now, in addressing the ridiculous statement about not using women...only the men will get in, we should take a poll of the nearly 50% of our field sales force that are women to see what they think about these unbelievable comments.

To summarize, it is quite clear that the accuser had some sort of agenda or personal issues that severely impaired her judgment or reasoning skills. We would hope that any reasonable consumer would review this rebuttal and see the truth. The leadership of Financial Network USA is committed to high morals and ethics in all of our business dealings. If we are afforded the opportunity, we look forward to serving your needs. Make it a great day.
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