Complaint Review: Global Equity Alliance
Global Equity Alliance - Kim Riddle ,Loan Processor, Global Equity Alliance is too good to be true! They claim to be able to fund money for purchasing homes for both buy and hold as well as fix and flips. I was charged $995- and got approved for a fix Cincinnati, Ohio
*Consumer Suggestion: Suggested Solution
*Author of original report: Same story from GEA - it's a SCAM
*Consumer Suggestion: Class Action Lawsuit
*Consumer Comment: Follow Up
*Consumer Comment: Dont believe them
*Author of original report: update on 4/3 for GEA
I was charged $995- to get approved for a fix and flip loan. After submitting all of the paperwork over 2 months, GEA never went to the property to do an appraisal and never got back to me with a status on the loan. Instead, all I was ever told was that the loan was in underwriting.
Most disturbing was the fact that I could never reach anyone on the phone including my loan officer - Kim Riddle. All I ever got was email responses that were weeks apart and asked me to get an extension on the closing of the property.
Even filling out this report, I realized that GEA does not even have a physical address.
Stay away! Global Equity Alliance is a SCAM!
This report was posted on Ripoff Report on 03/20/2012 11:14 AM and is a permanent record located here: http://www.ripoffreport.com/reports/global-equity-alliance/cincinnati-ohio-/global-equity-alliance-kim-riddle-loan-processor-global-equity-alliance-is-too-good-to-856714. 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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