Discount Retail Store Services Doller Store Services SCAMMERS!!!! Las Vegas Nevada

  I wanted to open my own business so I invested in a company called Discount Retail Store Services as I believed they were a reputable company because they had opened many stores I had seen posted on their website. They provide financing through Seed Capital, their partner. I was initially misled to believe that the financing would be in a form a loan from SCapital or a bank. I had to pay SCapital $3995. SCapital began applying for credit cards in my name from their location in Las Vegas, NV. They also told me to apply for certain credit cards and exactly what to say to the creditors to get them. I assumed while doing this that the cards would be used towards working capital needed to operate my business outside of my loan. After signing my lease for my location, SCapital instructed me to liquidate the credit cards. I asked them about the loan & was told that I would be doing credit card liquidation. I then asked them what impact liquidating the credit cards would have on my credit score. I was told that it would only drop a few points. I wanted to back out then due to the fact of discovering my financing to pay DRSS was coming from credit cards; however; DRSS told me I would lose the money I invested since they found me a location, so I felt trapped & I had no choice but to proceed with their liquidation process.  My credit score dropped from 760 to 450. SCapital & DRSS told me to put the money from the credit card liquidation into a bank account until they informed me on what steps to take next.  I was then told to get a cashier’s check & send the money to them. I never received the actual loan. DRSS & SCapital mislead me & their procedure felt very irresponsible; however; feeling that they were the professionals, I believed that they knew what they were doing.  I could have easily applied for my own bank loan with my upstanding credit score. SCapital applied for 9 credit cards in my name on the behalf of DRSS to pay themselves from them, build my store out & left me with high debt and no way out. When I tried to apply for a loan after I opened my store for working capital, I was immediately denied. No one would approve me. My debt to income ratio was off the charts! All I had to survive was my personal money I had saved up. That money had to cover two overheads, home & business. My store was not making any profit at all.

 This has ruined my life. My store closed quickly. I’m ashamed I fell for such a scheme. Past employees I have spoken too have stated to me that the majority of stores, (90%); DRSS opened has failed due to credit card scheme as well as horrible merchandise. I was told by my attorney that, just by the concept itself, I was doomed before my store even opened.  I just want DRSS & SCapital to be exposed so this doesn’t happen to anyone else. DRSS & SCapital’s target audience are good standing credit worthy individuals with money in the bank. Then they come along apply for several credit cards to get their money off the top & victimize you for their sole benefit. Even if your credit is fair, they'll have you to get your score up so they can bust it back down. Also, after I opened my store I was given several paid referrals to speak with other potential clients.  I was then asked by DRSS a couple of months after speaking with referrals and the exact words were “please do not tell the clients about the credit card thing because you’re scaring them away”. I know that the truth hurts! Needless to say, I asked to be taken off the referral list if I couldn't be honest with their clients & they glady removed me. I only wish someone was there to make “honest statements” to me about DRSS prior to making my decision. I certainly would have run away as well. The “majority” of the videos on their website of clients businesses are closed. If you do not believe me then try to contact the businesses for yourself. DRSS, your company should be closed down. If you do business with this company you will regret it!!!