Scammers
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  1. #1
    Senior Member 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

  2. #2
    Banned 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.

  3. #3
    Senior Member 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.)

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