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Report: #1535174

Complaint Review: Berkadia - New York New York

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  • Reported By: Joe — New york NY United States
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  • Berkadia 521 Fifth Avenue 16th Floor New York, New York United States

Berkadia Verus Bank - Predatory lending, dont look to work things out, just grab the asset, almost like they only lent the funds because they wanted the asset to begin with. New York New York

*General Comment: It's not a charity

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Berkadia Verus bank Predatory lending, they dont look to work things out, they just grab the asset, almost like they only lent the funds because they wanted the asset to begin with. Berjadia is not your friend, Berkadia is not your partner, they do not care at all, they will grab the asset, or will have you sign predatory deals in order to "save your asset" Beware before you borrow funds from Berkadia, I would never ever borrow from a company like Berkadia again, borrow from banks keep far away from companies like Berkadia.

This report was posted on Ripoff Report on 12/05/2024 07:12 AM and is a permanent record located here: https://www.ripoffreport.com/report/berkadia/new-york-verus-bank-predatory-1535174. 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 General Comment

It's not a charity

AUTHOR: Flint - (United States)

POSTED: Sunday, January 05, 2025

 Banks are businesses, not charities. They exist to make money for their shareholders, not to bail you out of sticky situations. This is especially the case with any kind of commercial lending, where the secured asset is the only thing they can go after. If it isn't in their interest to work things out, they won't be working things out. That's how business works.

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