Report: #535593

Complaint Review: Russell Ehrens EPS - CashReady Direct - Creative Merchant Funding

  • Submitted: Mon, December 07, 2009
  • Updated: Thu, December 10, 2009
  • Reported By: Anonymous — United States of America
  • Russell Ehrens EPS - CashReady Direct - Creative Merchant Funding
    1 Liberty Plazza
    New York, New York
    United States of America

Russell Ehrens EPS - CashReady Direct - Creative Merchant Funding EPS Bait N Switch Loan Preditors New York, New York

*Author of original report: Update Note

*Author of original report: Different case then the bagels case.

*General Comment: Information should be verified before being posted!

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Russel is the chief of disgrace in the 1 Liberty Plaza Office.  I can as well attest being a victim of their bait n' switch scheme.  They offered me a "Loan on accounts receivable". After doing the numbers;  What this really is, is a complex loan that is like over 200% interest!  They also go by like multiple front names (Creative Merchant Funding, Cash Ready Funds, Evolution Payment Systems or known as EPS).  Stay far far away from this company!
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This report was posted on Ripoff Report on 12/07/2009 11:54 PM and is a permanent record located here: http://www.ripoffreport.com/reports/russell-ehrens-eps-cashready-direct-creative-merchant-funding/new-york-new-york-/russell-ehrens-eps-cashready-direct-creative-merchant-funding-eps-bait-n-switch-loan-p-535593. 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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Updates & Rebuttals

REBUTTALS & REPLIES:
2Author
1Consumer
0Employee/Owner

#1 Author of original report

Update Note

AUTHOR: Anonymous - (United States of America)

Also, I forgot to note that when the rep originally called me, they said they were from Visa, Master Card, not Cash Ready Funding.  Russell Ehrens tell them to do this.  Do not do business with Russell Ehrens!  Amazing how he can or could have gotten a office location in the location that he does.  Must have deceived a lot of people.  Stay away from Russell Ehrens!!!
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#2 Author of original report

Different case then the bagels case.

AUTHOR: Anonymous - (United States of America)

I was not contacted by Mr. Ethrens directly.  Rather one of his sales reps.  This is a separate case.  I was lied to and exploited.  I even remember the rep saying he was from Visa, Mastercard.  What a joke!  Stay away from these predictors.  Remember if you need credit card processing services you should be contacting them. This posting is not a gross abuse but a posting to try to avoid your company from victimizing innocent business owners.  This company should be shut down!  Stay away!  Be very spectical of any tele-marketers trying to sell you this kind of Bolani!
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#3 General Comment

Information should be verified before being posted!

AUTHOR: THE TRUTH - (United States of America)

The info provided in this report is not accurate! Here are the facts; Mr. Ehrens was retained by EPS Cash Ready/Cash ready direct?Creative Merchant Funding for the purpose of recruiting, hiring & developing a sales force.  Mr. Ehrens had no direct contact with any clients, it was not part of his duties.  The person who filed this report claims to be part of a company called "bagels only please"!  This company does NOT exist.  Mr. Ehrens is the President of The American Federation of Recruitment and has an extensive background in sales training and recruitment.  The only clients he deals with, hire him to recruit and/or train their sales team!  This posting is a gross abuse of what this site is intended for.  If there ever was a reason to delete a post, this is it!
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