Ripoff Report Needs Your Help!
X  |  CLOSE
Report: #466947

Complaint Review: Credential Direct Financing - New York New York

  • Submitted:
  • Updated:
  • Reported By: Houston Texas
  • Author Confirmed What's this?
  • Why?
  • Credential Direct Financing 59 Maden Lane New York, New York U.S.A.
  • Phone: 866-431-8427
  • Web:
  • Category: Loans

Credential Direct Financing Broken Promises and Stolen Money New York New York

Show customers why they should trust your business over your competitors...

Is this
Report about YOU
listed on other sites?
Those sites steal
Ripoff Report's
content.
We can get those
removed for you!
Find out more here.
How to fix
Ripoff Report
If your business is
willing to make a
commitment to
customer satisfaction
Click here now..

We all have those unexpected expenses and for some reason they just keep comind. I went on a website looking for an installment loan to help get my bils back under control. Credential Direct Financing responded that I had been approved. Great! I thought I can finally start enjoying life again. WRONG!!!
I spoke to James Newman at ext 332 and he explained that it was a secured loan. There were three ways to secure it. 1st---car title....my bank still owns mine. 2nd---Pay the first 5 months up front, but then have 6 months before the first payment was due. 3rd---purchase an insurance program for 6 months for payment insurance. This was to insure the 3rd party lender they had found for me. Well after thinking and researching(not much out there) I decided to go with option 2. I wired the money to their 3rd party lender. Newman called me and said everything was fine and they would fund the loan that same day.
Then later that same day Deborah Walker ext 198 called me. She said that the loan was on hold because I had only paid part security. She said I needed to complete #1 and #3. I started to get an uneasy feelign about the whole thing. I decided in for a penny... and wired the other money. Totalling $1500.
I have yet to hear from the company and the money for the loan has yet to appear. They are not returning my calls or anyone else I have calling on my behalf.
This company has my banking information to wire the money to me. Guess what? Now I get to go through all the fun step of changing all my financial information at the bank. What a nightmare!

I have gone out looking for posts where people are asking about this company and sharing my experience. I do not want anyone else to feel as foolish or as let down as I am.

All I can say is there is a special place in hell for people who pray on those who are trying to get by honestly.

I have spent the day so upset, worrying about the things that $1500 should have and would have gone to pay.

Beware!!! research companies. Go out to the Secretary of state websites, lexisnexis and research!!! Take it from someone who now has to go through hell.... it is not worth the hastle not to.

Sary
Houston, Texas
U.S.A.

This report was posted on Ripoff Report on 07/01/2009 04:35 PM and is a permanent record located here: https://www.ripoffreport.com/reports/credential-direct-financing/new-york-new-york-10038/credential-direct-financing-broken-promises-and-stolen-money-new-york-new-york-466947. 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

Search for additional reports

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

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

Advertisers above have met our
strict standards for business conduct.

X
What do hackers,
questionable attorneys and
fake court orders have in common?
...Dishonest Reputation Management Investigates Reputation Repair
Free speech rights compromised

WATCH News
Segment Now