Report: #726058

Complaint Review: SKS ASSOCIATES - New York New York

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  • Reported By: J.Marley — Okla.City Oklahoma United States of America
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  • SKS ASSOCIATES P.O.Box 7861 New York, New York United States of America

SKS ASSOCIATES Time Payment Corp. Bank Fraud; Deceptive Lending Practices; Theft of Funds New York New York

*Consumer Comment: Latour, LaCreta and Johnson

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Letter dated 3/25/11, Fraud via drafting funds from my business acct claiming taxes on leased equip. due. Already had pay-off letter stating paid-in-full from SKS Assoc. Im filing report with Oklahoma Attorney General/Consumer Fraud Division.

This report was posted on Ripoff Report on 05/05/2011 11:24 AM and is a permanent record located here: https://www.ripoffreport.com/reports/sks-associates/new-york-new-york-10116/sks-associates-time-payment-corp-bank-fraud-deceptive-lending-practices-theft-of-funds-726058. 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 Consumer Comment

Latour, LaCreta and Johnson

AUTHOR: Anonymous - (USA)

POSTED: Monday, October 01, 2012

I am a separate customer from the person who wrote this article and I also, would suggest anyone who comes across Time Payment to avoid them as much as possible.  I sought a lease agreement for a business equipment and the sales rep approved us for a loan.  After the papers were signed I was handed another set of documents at the last minute
when I couldnt do anything.  Therefore being forced into this contract.

This business that I did not own has contracted tremendously due to therecession and moved to another space.  Therefore owner wants to renogotiate the contract to reduce the monthly payments or settle on an amount.  Every other vendor had no problem doing this except Time Payment.  Currently the company is at break even with the loan.  Meaning that they have been paid back the original amount.   We have asked that the HVAC unit be taken back to reduce the amount that is owed and they have been slow in doing so.  It has been over two months and they have
yet to arrange for an appointment.  I have called Chris Burrows for 4 days in a row about setting up a date but it has been over a week and I have yet to receive a call.  In the mean time their collections department is calling me twice a day for payment and reporting negative information to my credit report although we are trying to come to an
amicable resolution.  It is not as if I have not take their calls or avoided them.  If they had better professionalism they would know that the steps they are taken are hard line.  Not to mention that there are at least 77 claims made against them with the BBB. 


Whether they are right or wrong, they fact that the claims are there tells you how they do business.  I have currently written Richard Latour, Beverly Johnson, and Steven LaCreta who are either the principal or an executive of the company to reach an amicable solution and have yet to receive a response.  But continue to harass me for payment although we are looking for a resolution. 

The manner in which the staff responds is directly related to how Latour and Johnson do business  which is drastically different then how a regular bank would be.

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