Results 1 to 3 of 3
-
04-07-2022, 02:00 PM #1
Reputation points: 5633
- Join Date
- Mar 2019
- Posts
- 105
Scammers
Lol these guys out here sending the to clients funny group aren't they eh?
Scams are rampant these days industry needs to start taking collective action. Would love to start pooling resources here to put a stop to this
Thor Scam(2).jpg
-
04-07-2022, 02:31 PM #2
Reputation points: 557
- Join Date
- Dec 2021
- Posts
- 42
The scammer to funder ratio in this industry is like 10:1 these day.
So sad and scary.
-
04-07-2022, 02:31 PM #3
Reputation points: 227883
- Join Date
- Feb 2017
- Posts
- 3,447
I wouldn't call that a scam, I'd call that a bait and switch.
Like the email I just got from South Shore Funding (southshorefunding.net) promising an MCA consolidation 12-60 months "starting" at 5.99% APR. I can't get a non-bank secured real estate 30-year mortgage done at less than 6% these days, rates have literally gone up 1% in the last month. (0 APR business/personal credit cards you can do, but that's not for MCA clients.)
Similar Threads
-
ATTN! FUNDiT Lending Solutions - SCAMMERS - BE AWARE!
By AlexMoore in forum Merchant Cash AdvanceReplies: 20Last Post: 01-16-2018, 09:53 AM