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Report: #449040

Complaint Review: TCRM Ccommercial Corp - New YOrk New York

  • Submitted:
  • Updated:
  • Reported By: Fresno California
  • Author Confirmed What's this?
  • Why?
  • TCRM Ccommercial Corp 515 Madison Ave. 5th FL New YOrk, New York U.S.A.
  • Phone: 212-371-3933
  • Web:
  • Category: Loans

TCRM TCRM Ccommercial Corp TCRM Collected a process fee even though they new it was illegal in CA, no loan made New York New York

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TCRM gave and expression of interest letter to my client to provide a loan.
They included a processing fee of $5,000.00. I informed them that this type of fee is illegal in California. They insisted on the fee anyway.

After over a month, still no commitment for a loan of any size. When we contacted them, they said that they would have a loan commitment within a week or so. A month later still no loan commitment. They wanted us to spend $6,000 for an appraisal.

When we requested the process fee be returned, they refused. We now cannot find if they are even licensed to do business in California.

Promises made, promises NOT kept!

Let the borrower beware!

George
Fresno, California
U.S.A.

This report was posted on Ripoff Report on 05/05/2009 04:11 PM and is a permanent record located here: https://www.ripoffreport.com/reports/tcrm-ccommercial-corp/new-york-new-york-10022/tcrm-tcrm-ccommercial-corp-tcrm-collected-a-process-fee-even-though-they-new-it-was-illega-449040. 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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