Folklore
  • Report: #1049323

Complaint Review: Network Capital Funding Corporation

Thank You

Read how Ripoff Report saves consumers millions.

  • Submitted: Wed, May 08, 2013
  • Updated: Wed, May 08, 2013

  • Reported By: Rich — Austin Texas
Network Capital Funding Corporation
5 Park Irvine, California USA

Network Capital Funding Corporation Fraud: not a refiancing organization and unprofessional Irvine California

*UPDATE EX-employee responds: Network Capital is the worst place to work at

What's this?
What's this?
What's this?
Is this
Ripoff Report
About you?
Ripoff Report
A business' first
line of defense
on the Internet.
If your business is
willing to make a
commitment to
customer satisfaction
Click here now..

Does your business have a bad reputation?
Fix it the right way.
Corporate Advocacy Program™

SEO Reputation Management at its best!

Had started working with Network Capital in January of this year.  All initial conversations were cordial, prompt, and responsive.  Then after the property appraisal was ordered.  NOTHING.

They disappeared until the surfaced after I sent multiple letters and calls directly to them. They then stated I did not qualify for a loan.  This after a month and half that everythings was 'ready' to close. Then this week I received a loan denial letter from a Bank I have never heard of: Flagstar Bank.

Not sure what business practices Network Capital has or not, but I would not work with them at all. Be forewarned.  I wished I had search this site before wasting my time.  I'm looking at taking legal action for my time and expense.

 


This report was posted on Ripoff Report on 05/08/2013 10:11 AM and is a permanent record located here: http://www.ripoffreport.com/r/Network-Capital-Funding-Corporation/Irvine-California-92614/Network-Capital-Funding-Corporation-Fraud-not-a-refiancing-organization-and-unprofessio-1049323. 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.

Click Here to read other Ripoff Reports on Network Capital Funding Corporation

Search for additional reports

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

Search Tips
Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?
REBUTTALS & REPLIES:
0Author 1Consumer 0Employee/Owner
Updates & Rebuttals

#1 UPDATE EX-employee responds

Network Capital is the worst place to work at

AUTHOR: Network Captial Sucks - ()

This company is not only ripping off consumers but they rip of employees as well.  This is the absolute worst company to work for.  They lied to me about compensation during the interview.  They told me that I can make $100k per year with no problem at this company.  Also on the listing when I applied, it said you made $3k per month in base.  This is not true at all.....The owners Tri and Hugh Nguyen start you off at a wage that you get as a door greeter at Wal-Mart and the managers treat you like crap while you are there.  The only good thing that comes out of it is that they pay for your NMLS license.  My take is if you can pay for the license on your own go and do it that way to avoid these sneaky assholes.  When you officially get your license to become a loan officer the HR dept. gives you a work agreement that shows you the compensation.  Unless the laws of mathmatics have changed, there is absolutely no way anyone makes $100k based upon the commission structure (including when you add in base salary).  This company sucks big time and are probably defrauding others.  Work at your own risk!!!!

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

Advertisers above have met our
strict standards for business conduct.



Ripoff Report Legal Directory