ED Magedson – Founder
Providence Capital Funding3020 Saturn Street, Suite 203 Brea, California USA
Providence Capital Funding Too late to check their reported, oh my god ... it's happenning to me ... Brea California
We had an offer finance VF2 and ST10 from Hass CNC with interested rate 8.5% APR we turned it down and chose Providence Capital Funding with interested rate 3.99% APR. We mentioned to Aaron Nasri we did not want to lease equipment we do want to finance equipment only, he told us your business equipment could be purchased at the of the lease for $1.00.We argreed and signed with deposit $2,149.28 + $500..00 document fee, they keep silent after they got our deposit in hand, we called and asked for Aaron Nasri they said he's no longer work here with us, now you need to contact with Chooney Pak. They were waiting for until we rushed to get equipment then they bait and swicthed all documentations by email " everything set good to go, please just sign and send it back to us for release transaction" we did not pay attention at that moment signed and sent it back to them. Our accounts payable found out the amount payment and interest rate 8.25% APR. too higher than we respected, we called them they passed around back anf forward to Bank of Quest from Califonia in 10 months. Finally we discussed with Chooney Pak to pay off this loan he saids, please don't pay off that way we can build credit for our business, we did not believe whatever he said to us because once time they screwed us, we're so upset and decided to paid off this loan in 10 months with interested 8.25%.Now we had a call and email from Anita CArdeno, she saids, they owned the equipment because we lease equipment from them with "FMV" we asked what the heck "FMV"? we never heard that word in your lease document she saids, if we decide to keep it with amount $23,123.50 or they will send all documents to Legal Complaint Dept. We're waiting for that happen. If someone out there a victim of the Providence Capital Funding we have to stand up to fight with these people are MAJOR SCAM ARTISTS AND DISRUPT.
This report was posted on Ripoff Report on 12/19/2013 09:04 AM and is a permanent record located here: http://www.ripoffreport.com/reports/providence-capital-funding/brea-california-92821/providence-capital-funding-too-late-to-check-their-reported-oh-my-god-its-happennin-1108282. 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.
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