Foward Line
Complaint 207124 Details

I was contacted by this company and promised a loan in the amount of my verified credit card sales within 72 hrs to 7 days.I then asked if this was the only criteria for the loan & the rep told me yes, loan was based on Credit Card Processing record alone. I knew I had 2 years worth of processesing so I proceeded.

I asked the rep specifically what the lending criteria was based on & he said strictly my Credit Card Processing. Once the average amount was verified, I would recieve a check within 3 to 7 days.

The rep told me this had been verified & that a new rep would be handling the processing. I then learned (for the first time) that I would be required to change processing companies. Was not happy to have that sprung on me so late in process, but I agreed.

Three days after being told I could expect my check in 72 hrs - I recieve a call that I did not qualify- even though i was told I had met the only criteria I was told of - monthly credit card sales. I made business decisions based on the approval of the funding I had recieved.