Complaint Review: Seed Capital of Nevada - Internet
- Seed Capital of Nevada Internet USA
- Phone: 1-899-988-7333
- Web: www.seedcapital.com
- Category: Franchises
Seed Capital of Nevada Eric Johnson Worked with Bricks 4 Kidz to prey on owners who purchased the business Nevada
*UPDATE Employee: No One By That Name Here
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I purchased a Bricks 4 Kidz. I was told it was a quick return on investment, with Seed Captial I could get the money on Credit Cards and with zero interest, what balances were not paid off, we could roll the credit cards over into another zero balance. Seed Capital ran up $120,00 in credit use for me to use to purchase the B4K franchise. Eric Johnson was the person whom I paid to be my financial counselor. He ended up running me around in circles, and really did nothing to help when I could not roll the balances over.
The worst, is Bricks 4 Kidz Franchisor was selling franchises that only make 12% successful businesses. The business model did not work. I was bankrupt within a year. The Credit Cards were doubling in monthly payments. Who would want to purchase a business with a 12% success rate.
I recorded one girl telling me how to do the credit cards, they actually opened a few in my name and end me the information. I would love for a goverment agency to get onto these scammers.
There are many Bricks 4 Kidz owners in the same boat due to working with B4K corp who was STEERING us to Seed Capital. I was a quick return on investment for Seed Captial and B4K the rest of us are out $50.000 and above.
This report was posted on Ripoff Report on 05/13/2015 04:44 AM and is a permanent record located here: https://www.ripoffreport.com/report/seed-capital-nevada/internet-eric-johnson-worked-1228790. 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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#1 UPDATE Employee
No One By That Name Here
AUTHOR: ThorsHammer - (USA)
SUBMITTED: Friday, May 22, 2015
I am not sure why the fact that Bricks 4 Kidz has a 12% success rate is in this ripoff report. If you knew that it only had a 12% success rate, why did you move forward in purchasing it? Wouldn't that have saved you from having to borrow from anyone and/or if you found a franchise that had a better success rate, then you would have been able to pay back the money borrowed and not complaining that you basically put yourself in debt?
When Toyota was having a problem with the Prius' brakes, did the owners of the car blame their financial institution for lending them the money to purchase the Prius? Or did they blame Toyota? You should blame Bricks 4 Kidz for your financial problems. Not Seed Capital.
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