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Report: #1160557

Complaint Review: Loan Club USA - Sherman Oaks California

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  • Reported By: Anonymous — Alabama
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  • Loan Club USA 15303 Ventura Blvd, suite 850 Sherman Oaks, California USA

Loan Club USA AKA Camilo Concha AKA medicalfinancing.com mymedicalloans.com petloans.comconsumeracceptancecorp.com camillo cancha ----- EVERYONE BEWARE ----- Sherman Oaks California

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Camilo Concha and his band of crooks is at it again, under the new name LOAN CLUB USA. First, this is a complete rip off from the very successful Lending Club. They lie on their site stating the company has been around for 6 years and have successfully orginated loans that provide returns.

Other companies you may be familiar of are the folllowing:

mymedicalloan.com

medicalfinancing.com

petloans.com

consumeracceptancecorp.com

This business owner has fraduently held money from MERCHANTS, overcharged BORROWERS (so much they have had to pay many fines) and have extremely messy and unprofessional business practices.

The new business is geared towards copying the peer to peer lending space and is trying to solicit INVESTORS to put money towards the loans the company originates.

DO NOT PUT YOUR MONEY INTO THIS FUND. They are not credible, do not follow regulations and have NO PROOF of providing returns. Look at the website, www.loanclubusa.com this has ponzi scheme written all over it. Please, turn away now before you make any mistakes.

Here are some other complaints about Camilo's companies: 

http://www.ripoffreport.com/r/Consumer-Acceptance-Corp-/Encino-California-91436/Consumer-Acceptance-Corp-WARNING-MyMedicalLoan-MedicalFinancingcom-is-now-Consumer-1059910 

http://www.ripoffreport.com/r/mymedicalloancom/internet/mymedicalloancom-my-medical-loan-They-lie-steal-and-RIP-PEOPLE-OFF-Internet-641710 

http://www.ripoffreport.com/r/Surgeryloanscom/Irvine-California-92618/Surgeryloanscom-lied-to-both-patient-and-doctors-office-to-obtain-credit-card-and-bank-a-228347 

 

This report was posted on Ripoff Report on 07/08/2014 04:48 PM and is a permanent record located here: https://www.ripoffreport.com/reports/loan-club-usa/sherman-oaks-california-91403/loan-club-usa-aka-camilo-concha-aka-medicalfinancingcom-mymedicalloanscom-petloanscomc-1160557. 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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