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Report: #1467627

Complaint Review: Financing Help Center - Houston Texas

  • Submitted:
  • Updated:
  • Reported By: Errol — Jacksonville FL United States
  • Financing Help Center
    2700 Post Oak St. #1500 Houston, Texas
    Houston, Texas
    United States

Financing Help Center Company Refuses To Pay Earned Brokerage Percentage Commission Per Contract, and on Time. Houston Texas

*Author of original report: SPOKE WITH DANIEL THE BROKER OVER THE PHONE

*Author of original report: FINALLY GOT PAID AFTER MANY TEXT MESSAGES AND PHONE CALLS

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I was contacted by Daniel Gatez from Financing Help Center in Houston, TX on October  4, 2018 wanting to work with me as a Broker placing borrower's applications with their company to obtain funding. Per the contract he sent, I would be paid a 7% funding fee of the amount of the loan obtained by borrower. So, once a borrower was pre approved, the fee agreement would be sent by me to borrower explaining after receiving their funds, they would renumerate their company 15%(8% to the company and 7% to me).

I placed my first client with this company and borrower was funded for $25,000. Borrower payed company 15%($3750). My commisssion would be($1750-7% of the $25K). They took their sweet  time paying me after borrower payed them. I had to call and email like 7 times to get my money, and then, when they did send it, they only paid me 4.5%($1125 instead of 7%($1750). I then had to get back on the phone and email two more days to get my remaining balance of $625 owed me.

They initially tried to scam me saying they would send the other 2.5% on the borrowers next loan(The same borrower was due to get another $10K later, and they were trying to wrap the 9.5% into the next $10K($950) The remaining balance of 2.5% of original $25K is $625.

Instead of sending me my remaining balance of $625 immediately, they were trying to cheat me out of $400 by wrapping the 2.5% in the next $10K Borrower was getting($10KX7% =700=) 2.5% =$250. I reiterated to them I was owed 2.5% of $25K, not $10K.

Jason, the Manager of the office(as I was told) called me and told me he could only send $500 to me through ZELLE since it was his first time sending money. That was a LIE. Zelle allows anyone to send up to $1000 daily! I received the $500, and then I had to call another two days to get the remaining balnce of $125 that was owed me. I finally got that.

Now, this same client has received his next $10,000 and I am owed $700(7%X10,000). I was told via text messages by Daniel Gatez that Jason would send my money today Saturday, and as I write this, that has not happened. I will GET MY MONEY, the right way, or put the whole company on BLAST VIA THE NEWS. I told the guy:"You do not want to screw a MARINE!"

I had no idea these incompetent dorks would not honor their contract, but, now I know, as I said at the beginning, I was contacted by Daniel Gatez to work with him. I was already working with other companies and have had no problem getting paid. I write this to WARN all other Brokers who are contacted by this company to work with them-STAY AWAY!! They are not worth the Prison Time. I only brought two clients and one is still pending, and, as I write has not gotten funded yet.

Anyone reading this from The Attorney General's Office of Texas, or Dept Of Consumer Affairs, of the FTC,  I have all the documentation, emails, and text messages to collaborate all of the aforementioned. If you are  Lawyer, feel free to contact me.

This report was posted on Ripoff Report on 11/17/2018 03:38 PM and is a permanent record located here: https://www.ripoffreport.com/reports/financing-help-center/houston-texas-770556/financing-help-center-company-refuses-to-pay-earned-brokerage-percentage-commission-per-c-1467627. 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 Author of original report

SPOKE WITH DANIEL THE BROKER OVER THE PHONE

AUTHOR: Errol - (United States)

POSTED: Monday, November 26, 2018

I recieved a call from Daniel Gatez, the Broker who understood why I wrote the review and admitted to a lack of communcation and sincerely aplologized. I accepted his apology and wanted to remove the report, but, it's against this website's policy.

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#2 Author of original report

FINALLY GOT PAID AFTER MANY TEXT MESSAGES AND PHONE CALLS

AUTHOR: Errol - (United States)

POSTED: Monday, November 26, 2018

I finally got paid my commission, but only after going throught round 2 of the same B.S. and drama and preparing to litigate in court. If you are a Broker, do not, I repeat, do not work with this company. These guys are not professional at all and do not honor their contracts.

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