Beware consolidation scams out there!!!!!
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  1. #1
    Senior Member Reputation points: 20465 Fundyman's Avatar
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    Quote Originally Posted by WestCoastFunding View Post
    This isn’t uncommon with the debt relief guys. Happens quite regularly.
    I never heard of such a scam; EVER. I heard of the common guys who get merchants to take a bunch of cash advances, tell them once they're 30 days in, they'll qualify for a $2 million line of credit, and then after the MCAs fund, they go on vacation! I never heard of debt relief scams.

  2. #2
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    Quote Originally Posted by Fundyman View Post
    I never heard of such a scam; EVER. I heard of the common guys who get merchants to take a bunch of cash advances, tell them once they're 30 days in, they'll qualify for a $2 million line of credit, and then after the MCAs fund, they go on vacation! I never heard of debt relief scams.
    Yeah, been going on a while. Get merchant to stop payments, switch accounts. Then charges a ton of fees and disappears.

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