Ripoff Report Needs Your Help!
Report: #1532755

Complaint Review: Coconut Funding - Newport Beach California

  • Submitted:
  • Updated:
  • Reported By: Richard — Boca Raton Florida United States
  • Author Confirmed What's this?
  • Why?
  • Coconut Funding 100 BAYVIEW CIR, SUITE 200 Newport Beach, California United States

Coconut Funding Scam Company Loans Expecting 100% Interest and Very Unprofessional Newport Beach, California

*Consumer Comment: Cutting To The Chase

Show customers why they should trust your business over your competitors...

Is this
Report about YOU
listed on other sites?
Those sites steal
Ripoff Report's
We can get those
removed for you!
Find out more here.
How to fix
Ripoff Report
If your business is
willing to make a
commitment to
customer satisfaction
Click here now..

Firstly, I must say that the individuals I've dealt with are the most unprofessional and rudest I've encountered in my decade-long industry experience. With over 40 years in business and currently consulting for various clients, I reached out to inquire why my client's ACH withdrawals had ceased (likely due to a contract clause threatening a $10,000 lawsuit for missed payments). Repeated hang-ups met her calls for clarification, and I received a barrage of curse words from Jack regarding the matter. They charged my client an exorbitant 97% interest rate and imposed an additional $10,000 penalty. These individuals are deplorable, seemingly raised with no respect for anything beyond their ruthless pursuit of money. I have resolved to cease all interactions with them and have counseled my client to safeguard against such predatory behavior. In an industry rife with scams, it's disheartening to encounter such conduct.

This report was posted on Ripoff Report on 05/30/2024 05:44 AM and is a permanent record located here: 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

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?

Updates & Rebuttals


#1 Consumer Comment

Cutting To The Chase

AUTHOR: Irv - (United States)

POSTED: Thursday, May 30, 2024

 Did you READ the contract which governs this arrangement? Was it read BEFORE agreeing to its terms? If what they allegedly did is according to the agreed to terms, they did nothing wrong. If it isn't then please enlighten us.

Respond to this report!
What's this?
Featured Reports

Advertisers above have met our
strict standards for business conduct.

What do hackers,
questionable attorneys and
fake court orders have in common?
...Dishonest Reputation Management Investigates Reputation Repair
Free speech rights compromised

Segment Now