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05-24-2018, 06:03 PM #1
- Join Date
- Jun 2015
- Posts
- 3,322
some lenders getting smarter and some dumber
Have you seen where some lenders are doing smart/scamy moves , also how do you fight this
A couple of recent cases that happened to me .
1. merchant was not up for renewal with current lender she let them know she had a 100k offer instead of the 50k they were offering. They immediately said oh your sales are down this month and based on contract we need to lower your payments till they go back up next week . Now no one will touch her and there is no way to prove this story and not that she called and asked to lower payment .
2.lender does renewal and than starts drawing as default in the business name.
3. lender stacks themselves but with another company name
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