Medchoice Financial - Medchoice Credit Corp William Doniger Company finances personal loan/deducts payments and does not pay merchant Boca Raton , Florida

On July 2011; we obtained financing with Medchoice to secure a loan for our daughter's boarding school; a behaviorial center in MO.  We were referred to Medchoice by Clark Behaviorial Center.

We secured a 50K+ loan at 72 months with 12.99% even though we had perfect credit.  Medchoice began deducting our checking account via ACH debit immediately.  Flash forward to Nov 2011; we have been notified by the school facility that no payments have been received on the loan from Medchoice

11-11-2011- I called Bill on his cell phone and discussed the situation and he has reassured me that the loan can be cancelled and that monies paid on the account will be refunded next week. 

11-11-2011: I have been informed by a source that Medchoice began doing business with Clark on January 2011. Starting in April of this year; Clark was notified that Medchoice was not making payments on any of the 90 said applications they refferrred to Medchoice.

11-11-2011: Bill tells me that the fault is on Clark because they took their referral fees out too soon and that Medchoice has a pending lawsuit with Clark. My problem is that whether or not Clark took fees is irrevelant because they supplied documents to Clark showing abundant funds...fees should leave them broke and inable to pay loans.

When Clark financial approached Medchoice (Bill personally) that no payments are happening, Clark was assured everything would be processed and resolved

So as of April, even though both Clark and Medchoice knew of default payments - both facilities continued to broker/refer/accept applications for additional loans

This is something very scary.  I welcome the opportunity to discuss this with other potential victims

This report was posted on Ripoff Report on 11/11/2011 8:21:12 PM and is a permanent record located here:
http://www.ripoffreport.com/loans/mechoice-financial-b/mechoice-financial-boca-rato-66e10.htm.
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11/28/2011  Have only received (1) month debit refund along with a 500.00 deposit.  I am still owed over 3K.  Email to Bill Doniger over the weekend requesting information about my full refund has been unanswered

12:28PM 866-397-7159
As of today; I called customer service about my loan whose number I found on www.medchoicefinancial.com and they tell you to call WFNB at 866-397-7159.  I began speaking to a Lisa at WFNB who was not only confused why I would be calling them but  who could not find anything on my loan in the system.  The more information I gave her; she wanted me to speak to a supervisor.  She had also mentioned that I should call 561-952-1760 to which I informed her is a number that is a generic phone number and voice mail.  Both Connie (x207) and Bill (aka William Doniger) never answer or return calls
 
12:31PM I am placed on hold so that Lisa can talk to a supervisor after giving exact details of the William Doniger and Connie situation and begin mentioning other cases that are similar to mine.
 
12:37PM Talking Tami a supervisor:  She states that I need to call 800-358-8980, who says they terminated their financial agreement with Medchoice last year and do not work with them any longer.  12:42 PM This new number is a generic voice mail and actually tells you to call 561-952-1755 which is also Perform Finance and Premier Finance.  Choosing any of the numbered options on this line just gives you voice mail again.   (all of the voice mails are Michael)  I also note that there was a lawsuit between Medchoice and WFNB not to long ago. 

http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=36704

http://www.performfinance.com/merchant/merchants.php  (561)952-1760  this is a number that is just constantly busy