ED Magedson – Founder
Cash Flow Investment Partners18300 Von Karman Avenue, Suite 410 Irvine , California USA
Cash Flow Investment Partners or Lump-Sumsettlement.com Company may lead you on Irvine California
This company is small with a big vision. Not a crime. In the meanwhile, you may find when dealing with them that they don't quite know how to run a professional and ethical operation. What happened in our situation may or may not be your experience. Nevertheless, we would suggest you proceed with caution. Most of us won't do that because of the need for money etc. Our experience is that we were led on by this company for two weeks. And after being told we were approved for 15000 we were then told we were only approved for 10000. This amount and at this point we were not too concerned because we understood the reasoning for the reduction. Nevertheless, we faxed all the documentation to the tune of $18.00 dollars. When Cash Flow Investment Partners stated they did not get the documents we re-faxed the information. Amazingly, this time they recognized that they did in fact have the documents we faxed. This you might say was our (first) warning sign. Our second sign was the communication that was instanteous slowed. Lastly, after having met all the documentation requirements per our approval which was very plainly communicated we were told "we can't process you loan at the time" etc, etc, etc and so forth. In this process we divulged a lot of personal information - including banking information. The company told us that it was no problem for them that my pension was being intercepted by another company similar to their because the kick back (remainder) check was enough to cover for the advance that they would give us/me. They told me the would do a ACH bank draft. So this was more or less a loan although they can not legally describe it as so because they are not a bank. Immediately after we get them our Pension Verification letter stating my pension was for life etc, i finally get a call back and a message saying "we can't "etc. etc etc. Now my wife and I have to sweat what this company with management or unethical practices may do with our personal information. Enter an arrangement with CFIP at your own risk. Good luck and God bless!
This report was posted on Ripoff Report on 07/29/2013 11:33 AM and is a permanent record located here: http://www.ripoffreport.com/r/Cash-Flow-Investment-Partners/Irvine-California-92612/Cash-Flow-Investment-Partners-or-Lump-Sumsettlementcom-Company-may-lead-you-on-Irvine-Ca-1070995. 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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