- Report: #394877
Report - Rebuttal - Arbitrate
Complaint Review: Ultimate Business Solutions, Advanced Merchant Capital
Ultimate Business Solutions, Advanced Merchant Capital1928 E Highland Ave, Box 612 Phoenix, Arizona U.S.A.
Ultimate Business Solutions, Advanced Merchant Capital Charged Credit Card $495.00 for Free action. Then charged $495.00 for unused training. Phoenix Arizona
*Consumer Comment: Advance Merchant Capital Lawsuit
*Consumer Suggestion: Update on Company
*Consumer Suggestion: Why they are a SCAM and what to DO about it
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A phone call entered my house February of this year despite my 'Do not call' registration. Why am I taking action now? I forgot about it as they didn't send me the "Welcome' package. They did accept the $495.00 I charged on my credit card. Is this starting to look slippery
The problem with charges is they become buried among other whimsical acts. Cash flow companies thrive on this.
Ultimate Business Solutions (UBS) offered an opportunity(?) to help small businesses. UBS would provide cash interest free. Supposedly working through the major Credit Companies. Recipient would pay back the Cash Advance from future profits. (Isn't that the way a loan is usually paid?).
UBS would then pay me a percentage. I think he said two percent.
Told me I could get started for only a $495.00 fee. Since charging a purchase is simply too easy. It doesn't pinch the pocket until later.
I quess the pinch wasn't ouchy enough, because I forgot about it. Until the second week of July. When the Director of Operations rings my phone and has "Some exciting news!"
He tells me how they have a program in which they call a series of companies once a week for six months. Supposedly, this will cover any changes which may occur in their operations.
Now he wants me to fork over another $1250.00 to obtain a "block' is the word he uses of companies they'll call. What shut down my positive thoughts on this venture was his insistence I do not contact any of the merchants. In other words, they were going to pay me for doing nothing!
I told him to get lost.
When I discovered the $495.00 charge on my credit card statement, I called USB. Interestingly enough, the agent at USB told me they can't find any record of the February transaction.
I quickly called the credit card company. They knew nothing of this hold. What does that tell me?
West Palm Beach, Florida
This report was posted on Ripoff Report on 11/25/2008 09:23 AM and is a permanent record located here: http://www.ripoffreport.com/r/Ultimate-Business-Solutions-Advanced-Merchant-Capital/Phoenix-Arizona-85016/Ultimate-Business-Solutions-Advanced-Merchant-Capital-Charged-Credit-Card-49500-for-Fre-394877. 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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