Complaint Review: Windset Capital Corporation - Riverton Utah
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I became behind with some vendors and in QuickBooks under the business tabs you can select to get financing, I clicked on that and was first sent to a company called Lendio, then they sent my information to Winset capital. This loan took payments out of my business account every day and drained it to where I could not pay my vendors anymore. I called and called and tried to work out different terms and was always told no. In the contract the interest is not disclosed, it shows the number of payments, and under paragraph 10 it states that if you pay the loan off early you still have to make the number of payments. Winset capital has now filed charges against me and my business and my county for not paying this loan but I could not afford to pay this loan because it drained my account then I can pay my vendors or my rent so the bank stopped payment for the loan and now I am being sued.
This report was posted on Ripoff Report on 10/05/2015 09:58 PM and is a permanent record located here: https://www.ripoffreport.com/reports/windset-capital-corporation/riverton-utah-84096/windset-capital-corporation-predatory-business-loan-lender-deceptive-practices-riverton-1259391. 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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