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Report: #1232652

Complaint Review: Women's Empowerment - Nationwide

  • Submitted:
  • Updated:
  • Reported By: Gapsec — Stockbridge Georgia USA
  • Author Confirmed What's this?
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  • Women's Empowerment Nationwide USA

Women's Empowerment or Success in Real Estate or Insider's Cash Real Estate Education Saratoga Springs Utah

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I was very excited about the initial event, which was advertised as a Ladies night out and came with an invitation to dinner.  Dinner turned out to be a box lunch, but nevertheless they fed us.  We were sold on the 3 day workshop for hours.  We didn't get out until we actually purchased the workshop for $2000 and that was about 11:00 pm.  Having attended these workshops before, I was not that intrigued with going to it, however, I was very excited about one thing, this time they promised in my contract that they would loan me the money for my real estate deals, and if I sold a property within 100 days of the workshop, they would refund me the cost of the workshop.  Finding that was the biggest problem I had from before, I was elated that they would actually put that language in the contract.  So I bought it.

 

Well that’s when everything went downhill.  I took off work from my job to attend the 3 day workshop.  The room was freezing cold.  In a nutshell, we were given little nuggets of information on real estate investment and a whole lot of selling their $30,000 program, all of the guise of how much they really wanted to help us.

 

Needless to say, we didn’t take the bait.  The salesperson didn’t even try to sell us.  We just wanted the ability to use the loan program that would finance all of our deals.

 

About a month after the workshop we got our first property under contract.  This is when the nightmare begins.  We contacted Insider Cash, who which was the loan program.  We were told throughout the conference and the 3 day workshop that they would only do deals with an entity, LLC, Corp etc.  Even sold us for a while on paying an attorney with their affiliation $600 to do the LLC.  We already had an LLC, so we were good to go.  We were also told numerous times that the loan was based upon the deal, not your credit or history.  So why is it when we applied for the loan they needed more personal information than my mortgage company.  And we only wanted to borrow $11, 750.  They wanted my SS Card, DL, Bank statements, etc.  EVERYTHING!  And I sent them everything they wanted.  Then they kept saying that my items were in the wrong format, or it was incorrect.  They told me that the EIN letter that I received directly from IRS, with the IRS logo and the IRS cover page, was for the State and not Federal.  But the deal breaker was they wanted my account number revealed.  Now they had the bank statement, it contained name, address, phone number of the institution, etc.  We just crossed out the account number, like were are told to do with our mortgage companies.  I told them that that was too much of a liability, since they had my ssn and my DL# if I gave them my account number, I might as well give them all of the money in my account.  I told them they shouldn’t want my account number because it would make them liable if anything came up missing.  They said with out the account number they couldn’t give me a loan.  So I asked for a refund, since they breached their promise of granting me a loan for my real estate investments.  They refused to refund my money and they refused to give me the loan.  Thus, the reason for this feedback and the reason I will spend time I don’t have each day, notifying everybody I can about this fraudulent company.  I also have to subscribe to LifeLock so keep them from stealing my identity, because now they have my personal information.

This report was posted on Ripoff Report on 06/01/2015 09:38 AM and is a permanent record located here: https://www.ripoffreport.com/reports/womens-empowerment/nationwide/womens-empowerment-or-success-in-real-estate-or-insiders-cash-real-estate-education-s-1232652. 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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