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Report: #1476938

Complaint Review: Vader Mountain Capital - Miami FL

  • Submitted:
  • Updated:
  • Reported By: FdinAtl — Atlanta United States
  • Author Confirmed What's this?
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  • Vader Mountain Capital Miami, FL United States

Vader Mountain Capital Vader Servicing (vadermountaincapital.com) Alpine Funding Partners LLC US Capital Corporation US Capital Co (uscap.com) Vader ServicingAlpine Funding Partners LLC Complete Misrepresentation to extract fees Miami FL

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Vader, its brokers, funders and servicers seek to entice you into merchant cash advance loans. They promoted the product as a way to establish credit history for my business and stated that the large fees would be forgiven at the halfway mark if the payments were all made on time and the loan was renewed.

After receiving $9,500 proceeds from a $10,000 loan and making about $6,000 of payments, I called to check on the balance and learned that the balance was still about $9,500, and there was no reporting to any business credit reporting institutions. If you call Vader, they say they read a script and blame it on their brokers.

If you call the servicers, they blame it on Vader. There is massive misrepresentation, no accountability and potential damage to your personal credit.

This report was posted on Ripoff Report on 04/11/2019 02:29 PM and is a permanent record located here: https://www.ripoffreport.com/report/vader-mountain-capital/miami-fl-servicing-dotcom-llc-1476938. 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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