ED Magedson – Founder
Culver Capital Group - Jerry Donaldson3 Hutton Centre Drive, Suite 400 South Coast Metro, , California USA
Culver Capital Group - Jerry Donaldson Beware - Culver Capital Group Scam Company with Bait & Switch Techniques!!!!!!!!!!! South Coast Metro, California
I received an unsolicited call from Jerry Donaldson of Culver Capital Group Inc. offering financing, and since I was just purchasing a vehicle, I thought I would give them a shot. I asked Jerry if the financing had an early pay off penalty and he said it DID NOT. I asked this and explained that I would be paying it off very quickly.
The following is what happened, I was lied to, and money was taken from me based on that lie and called Jerry Donaldson back and emailed him several times refusing to return the money.
The Facts:On 7/10/14, I signed an a written agreement for the following terms. $10,000.00 in financing @$330.00 per month for 36 months, and a $475.00 processing fee. This results in an interest rate of about 18%.
On 7/17/14, I received an agreement without my signature for the following:$8,500.00 in financing @ 368.15 per month for 36 months and a $725.00 processing fee. Resulting in an interest rate of around 32%
On 7/11/14 Culver Capital Group Inc. removed $1,150.00 from my checking account and refused to give it back. During the sales process, Jerry Donaldson would email and call me all the time until he got my cash, he now never responds to several emails I have sent and phone calls have gone unreturned.
This Culver Capital Group Inc. is nothing but a bunch of boiler room scam artists who prey on people and just take their money. Then I researched them on Google and saw I am not the only one this happened to. I learned a lesson on doing some research on a company I do buisness with first. Please be warned and do not fall for their lies or scams.
This report was posted on Ripoff Report on 07/23/2014 10:20 AM and is a permanent record located here: http://www.ripoffreport.com/r/Culver-Capital-Group-Jerry-Donaldson-/South-Coast-Metro-California-92707/Culver-Capital-Group-Jerry-Donaldson-Beware-Culver-Capital-Group-Scam-Company-with-B-1164344. 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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