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Report: #1118842

Complaint Review: Capital Alliance - Internet

  • Submitted:
  • Updated:
  • Reported By: tunaman — edgewater Florida
  • Author Not Confirmed What's this?
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  • Capital Alliance Internet USA

Capital Alliance SCAM ARTISTS Internet

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Capital Alliance is a business funding company. They will lead you to believe you can get these big cash loans that they will deposit in your checking accountb within 2-3 days. They sent me an application with several options. I chose $10,000 with 12 monthly payments. I figured the interestb would be high but I could buy some equipment/combine some payments and since my busy season is approaching get everything paid off in 12 month or if the money is there maybe double up and pay it all off sooner. I admit I did not read every word in the fine print. It stated a $195.00 processing fee would be charged. 

  A week later they notified me with the usual "good news" message to call them. I was approved for $8600. for 6 months!! At $90+ a day for 21 days a month for 6 months. This is almost $2000 a month!! I told them if I had $2000 a month I wouldn't be interested in a loan and declined. I thought it was over. Next months bank statement showed a charge og $195.! I dug out paperwork and discovered I actually agreed to allow them to deduct $195 from my account immediately. So while they did nothing illegal it was unethical to say the least. I talked to several other lenders and to a person they said that was unethical to say the least. When I told them they did not approve the loan I applied for they simply stated I signed giving them permission. I informed them thay were right and I bought them for $195. To add insult to injury, another person from them called me 2 weeks later and said they had $10,000 approved for me and noticed I gave them a partial payment!!  Beware!! Have nothing to do with these thiefs!!!!

 

 

 

This report was posted on Ripoff Report on 01/27/2014 04:49 PM and is a permanent record located here: https://www.ripoffreport.com/reports/capital-alliance/internet/capital-alliance-scam-artists-internet-1118842. 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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