WMC Funding – Review, Complaint and Allegation

This consumer complaint against WMC Funding was first published by an anonymous source at a (now defunct) website called ComplaintsBase.com on Aug 23, 2016.

The title of the complaint was –

WMC Funding, WMC Funding profits off of outrageous interest rates

and the user awarded a rating of 0/5 to WMC Funding based on his/her experience.

Here is the complete text of the review which has now been deleted from the source –


I used WMC Funding to get some extra funding for my business expansion. I signed a contract for $15,000 at 2% interest. They were a little flaky about the final cost but I finally agreed on the interest rate. It was honestly a good deal. I had the intention of paying the loan off in a matter of three months. | The first month’s payment was as expected, but the month after that I was being charged at 10% interest! I was very concerned and I wanted to clear things up. I called the guy that I made the dal with. He told me that it was in my contract. My loan’s interest was to go up 10% every month that it was not paid off. It was the worst loan I had ever signed for. The company was not transparent in their contract. I was furious and locked into something that I would be paying off, basically, forever.


 

Defrauders.com Team is in the process of investigating WMC Funding to compile as many critical reviews, scam reports, lawsuits, and litigation info related to WMC Funding. We will soon publish a more detailed dossier on WMC Funding with in-depth analysis and a final projected score for WMC Funding based on multiple factors.

If you or your friends/family have had an experience with WMC Funding that you might want to share with us, please get in touch with us immediately. All communication is kept strictly confidential and private.

 

Total
0
Shares
Leave a Reply

Your email address will not be published.

Previous Post

Guaranteed Prosperity – Review, Complaint and Allegation

Next Post

Steve Chen – Review, Complaint and Allegation

Related Posts