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Report: #1085398

Complaint Review: Seed Capital - Henderson Nevada

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  • Reported By: Sinking Fast from Scams — Meeker Colorado
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  • Seed Capital 9065 S. Pecos Road #260 Henderson, Nevada USA

Seed Capital Left me with $9495.00 in debt and numerous credit cards in my name. Henderson Nevada

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I was contacted by Daeus Financial.  They sold me a package for $6495 promising 0% interest on my initial credit of up to $100K for the first two years.  What I got with that money was a call from Seed Capital promising me over $100,000 in credit for my business.  I did get the $100K of credit, on numerous PERSONAL credit cards with 0% interest for a year, which cost me over $9000 in fees from Seed Capital.  I have excellent credit (until now) and did not realize that all I would end up with is over $800/month in credit card payments, no business credit, and a looming debt at the end of 12 months.  I did not want $100K in credit in the first place.  I specifically asked for less than $50,000 to help with my business start-up costs.  If I had known that all they were going to do for me was get me a bunch of personal credit cards, I could have done that and saved over $9000. 

Lesson learned the hard way!!!!  Please be aware of companies like this one.  Be very careful before signing any sort of contract, especially if they have your credit card on file - they will charge fees without your consent because you signed the initial contract allowing them to do so.  What they did to me is extremely unethical and I don't want anyone else to end up in my situation.

This report was posted on Ripoff Report on 09/18/2013 05:02 AM and is a permanent record located here: https://www.ripoffreport.com/report/seed-capital-trusted-business/henderson-nevd-1085398. 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

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