Complaint Review: Americor Funding - Nationwide
Dont even waste your time; it will ruin your credit worse and tell you that you can't make any payments to your current creditors so they can negotiate a hardship restructure with your creditors.
They say they will add a credit line to you just so your credit useage will be lower but it is not a loan for you to pay back. This will in fact make your score higher but then you will have negative non-payment reports from the other creditors and you wont be able to get any credit anywhere after that for a reasonable rate.
They are sending mailings that you qualify for a consolidation loan but that is just a scam to get you to call and waste your time for them to settle with your current lenders.
This report was posted on Ripoff Report on 08/25/2017 06:50 PM and is a permanent record located here: https://www.ripoffreport.com/reports/americor-funding/nationwide/americor-funding-americor-loanamericor-funding-inc-not-a-loan-and-will-ruin-your-credit-1395662. 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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