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Report: #1387762

Complaint Review: consolidated funding - Miami Florida

  • Submitted:
  • Updated:
  • Reported By: E.B. — Pittsburgh Pennsylvania USA
  • Author Confirmed What's this?
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  • consolidated funding 1899 N.E. 164th Street North . Miami, Florida USA

consolidated funding George Gonzalez, Kenny Scam Liars George Gonzales was relentless in his pursuit to have me file a credit application to secure business funding. Finally I agreed with one precondition; that Consolidated Funding was in fact a primary lender and not a broker and would only puul my credit one time. George confirmed that was the case and promised me via telephone and email that there would be one credit pull by Consolidated Funding only. Within days of submitting the application credit pulls started showing up on my credit report from various lending organizations. Then Kencalled with a ridiculous loan shark type offer of 20k loan at $47600 . He admitted to shopping the loan . Miami Florida

*REBUTTAL Owner of company: Now that I know who the merchant is

*REBUTTAL Owner of company: Merchant error

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George Gonzales took credit application and promised verbally and in writing that they were direct lenders and would not shop the loan. That was my condition of submitting the application. Within days of submitting the application multiple credit inquiries started showing up on my credit file. When Kenny (posing as the owner of the company) called to offer a ridiculous 20k loan with a $47600 over 6 months payback he admitted to shopping the loan.

And attempted to tell me to take the loan and he would hook me up (wink wink) with a buddy of his that would ''Make me look like a millionaire'' in 90 days at which time he would assist me in consolidating the loan.

I bet he would.

If these characters contact you run don't walk as fast as you can. Now I must go through the process of having these inquiries removed from my file.

This report was posted on Ripoff Report on 07/24/2017 10:28 AM and is a permanent record located here: https://www.ripoffreport.com/reports/consolidated-funding/miami-florida-33162/consolidated-funding-george-gonzalez-kenny-scam-liars-george-gonzales-was-relentless-in-1387762. 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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REBUTTALS & REPLIES:
0Author
0Consumer
2Employee/Owner

#2 REBUTTAL Owner of company

Now that I know who the merchant is

AUTHOR: Kens - (USA)

POSTED: Friday, July 28, 2017

There are always two sides to every story, in this case merchant came to us loaded with 2 loans stacking them against the policy of the lenders that he borrowed. His payments were to high and he begged for a consolidation of the loans before the lenders found out about it.

Furthermore this merchant applied with many places and was rejected before he even came to us and it was a lo0ngshot to be funded in the first place.

The offer made to the merchant was no where near his claim and it was to be a third position cash advance without collatteral. When you stack your loan it is the same as taking the title to two different banks to your car and taking two loans on it. You are not suppossed to do that.

Merchant was lucky to get any offer at all since when you cheat and stack no lender wants you and the merchant didnt like to hear that so he complained

 

 

 

 

 

 

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#1 REBUTTAL Owner of company

Merchant error

AUTHOR: Kens - (USA)

POSTED: Tuesday, July 25, 2017

  Consolidated Funding does not do loans so the merchant must have been a merchant that was declined for an MCA advance . Furthermore Consolidated Funding does not check credit nor do we have any way of checking a merchants credit which is clearly stated on our application . We are very cautious with our referral service so that the lenders which we are using do not check someone's credit more than once however there are occasional times where on margin does not qualify for any type of MCA advance Due to very very poor credit and or defaulting on the terms of another cash advance and therefore we are forced to try more than one lender who might give them the opportunity to get some money It's always the people that were declined for credit that have a complaint to make and I am terribly sorry that we could not help this merchant however aggressive trying is good work not a complaint

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