You should be on high alert if a lender offers guaranteed approval or promises to get you out of debt. Legitimate debt relief solutions, such as debt consolidation and refinancing, dont reduce your debt level. A Certified Credit Counselor can offer free, professional assistance in recovering from the incident, including guidance on how to read your credit reports and protect your credit scores. I normally don't write reviews, but BigBoyFunding deserves a 5-star for the funding they got me in 2 weeks that I couldn't do on my own even with all three scores between 760 & 810.I really wanted a couple high limit cards, but wasn't successful on my own as I couldn't get anything over $5,000.I was referred to BigBoyFunding by a good friend who told me not to pay attention to their current Trustpilot reviews as they were not legit based on his experience, so I decided to give it a go.I'm so glad that I did as I've so far received 5 approvals and waiting for 2 more. its probably because they areand the person sharing that advertising is up to no good. Lenders dont offer loans with a cold call. Whether its student loan debt, mortgage debt relief or otherwise, working with a private company to settle or cancel your debt can have disastrous financial and legal consequences. Retrieved from, N.A. Again after reporting a second time the same day I received a call but during call no resolution was made associate from big boy stated that she would call me back in 30 minutes and that Michelle would call me back later on that day neither one did and yet again theyre not answering even though they reported that they reached out to resolve they should have said was that they reached out but never completed just please complete, Creditability is essential #2I wrote a review stating Big Boy Funding was repairing my credit and it happened. Call one of our specialists today. We may receive payment from our affiliates for featured placement of their products or services. Not for an application or processing fee. Heres what you need to know. Not for a brokering service. [2], What It Sounds Like: Starting a small business? BigBoyFunding is an amzaing compay. I have cleared my calander in the middle of a global pandemic in which I should have been working to comply with your schedule and your reps were a no show. Learn how we maintain accuracy on our site. DO NOT DO BUSINESS WITH THIS COMPANY! 2 years in business, $25,000 monthly revenue, business bank account. Not only is this scam taking your hard earned money for an investment opportunity that will never come to passbut these scammers are also gathering personal information about you and your business that can later be used for identity theft and other forms of fraud! This Grant Kit could put thousands of dollars in your pocket, INTEREST-FREE. Do your research. And sometimes scammers will create their own imitation business website and then use this to prove that its real. If youre getting the slimy used-car salesman vibe, trust your instincts, take a pause, and research the validity of your business loan opportunity. Peer-to-peer lending scams on platforms like Reddit have become more common. By offering the title to your property, you can potentially secure a loan for which you wouldnt otherwise qualify. Trust your gut. Again, as with advance fee scams, the supposed investor might ask for an upfront fee. "No credit? Smart Tax Planning. For instance, banks often charge upfront application fees, credit check fees, underwriting fees, and origination fees before closing on your business loan. 2023 Trustpilot, Inc. All rights reserved. New York, NY, 10016. After reading about these common small business loan scams, you might think that you would never fall for something like this. Location of This Business. Trustworthy peer lending platforms can be a great way for business owners to obtain financing. BBB Business Profiles are provided solely to assist you in exercising your own best judgment. In fact, youre turning your savings into debt. As you can see, there are a whole host of ways that well-meaning business owners can be duped by con artists looking to make a quick buck. BigBoyFunding is an amzaing compay. . But even the savviest of business owners can make a mistake. The following types of loans arent technically scams, but theyre high-cost and high-risk. I believe he is running a Ponzi scheme. Offering a state license number thats real, but belongs to a different, legitimate business. Advertiser Disclosure, We compare the following business lenders. I lost my father to Covid as well as my mother and explained to Carlton (whos probably not even a real person) that I was laid off as well as taking care of 4 new dependents and could barely afford this. If youre interested in finding legitimate investors for your business, expect to put in a lot of time and effort building connections, creating a pitch deck, and meeting with investors. function log_signup_widget(obj) { var form = obj; var URL = window.location.href.split('? These three . In recent years, millions of consumers have lost money to government impersonation scams, after being led to believe they were dealing with a real government agency. It depends. Their credit analyist are kind and honest about what they can do to help. Keep in mind, though, that the presence of a website or domain-associated email address doesnt necessarily prove that a lender or a loan broker is the real deal.These days, anyone with modest technical skills can purchase a domain and set up a basic website that looks just like a real business. Not for an application or processing fee. Ty Brooks (KeyPoint funding, Big Boy Funding LLC) Who is the owner of this company. You are the BEST!!! finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. A website that seems professional doesnt necessarily mean a company is legitimate. Please appreciate that there may be other options available to you than the products, providers or services covered by our service. How the Fed Raising Interest Rates Affects You, JPMorgan Accepts $13 Billion Fine For Lending Practices, FHA Steps in to Help Nursing Homes by Backing Mortgages, Why Credit Card APRs Are Rising, Despite Feds Third Rate Cut of 2019, Details on Bidens Student Loan Forgiveness Plan, How to Get a Refund on Your Student Loan Payments During COVID-19, Google Is the Latest Company to Offer Student Loan Repayment Benefits, Paying Down Student Loans Before the COVID Suspension Is Lifted, Add a header to begin generating the table of contents. (ND) Considering a loan from your 401(k) plan? Even online lenders who connect with their customers exclusively over the internet have a registered physical address for their headquarter offices that you can easily research and identify. International Association of Better Business Bureaus. This is one of many business loan scams. The best thing to do if youre struggling with loan payments is to contact your lender. We use dedicated people and clever technology to safeguard our platform. You should also be extra vigilant going forward and work only with well-respected lenders and companies. With the exception of a few targeted grants for research and development companies and agriculture businesses, federal government agencies dont offer free business grants. Author: Martin. Copyright 2021 - BigCityFundingGroup.com -Privacy Policy and Terms, (This is NOT a deciding factor for Approval), We Fund Small Businesses with Loans and Lines of Credit (US & Canada), Copyright 2021 - BigCityFundingGroup.com -. This all-too-common business loan scam looks very similar to the advance fee scam, with the exception that the phony business in question is not a lender, but a broker promising to connect you with a reputable lender. Also, be wary of the specific email address in your inbox. These scams exist in the area of personal credit and business credit repair. Legitimate debt relief solutions, such as debt consolidation and refinancing, don't reduce your debt level. Its important to remember that theres a difference between a scam and a bad deal. Hoopla Loans is not a lender but an online loan matching broker so they will really not be registered with NCR. Scammers will give any reason why you must pay ahead of receiving the loan be it administration fees, credit check costs, processing costs or anything else. Debt relief scammers have one main target: people who are having trouble keeping up with their loan payments. your identity. You can do everything they are promising on your own for free. If your point of contact wont offer a physical address, gives you only a P.O. All rights reserved. 25 Feb/23. These scammers entice you to pay the fee by promising that anyone can qualify for their low-interest loan products. The lender uses a generic email address, 7. If theres one lender that seems to be offering a deal that significantly exceeds other deals, you have cause for suspicion. In offering you a loan, their goal is to do one or more of the following: Loan scams can take many different forms, but they often employ the same tactics. YOU FURTHER AGREE THAT BIGCITYFUNDINGGROUP.COM MAY SEND E-MAILS TO YOU AT ANY EMAIL ADDRESS YOU PROVIDE US OR USE OTHER ELECTRONIC MEANS OF COMMUNICATIONS TO THE EXTENT PERMITTED BY LAW. Low credit and bankruptcy not a problem. It depends on your needs. We are offering free iPads . !Ripped me off for 10k with false promises! A loan brokers role is to help you find the right loan product for your business, prepare the necessary paperwork for your application, and connect you with lenders who will be a good fit for your businesss needs. Here are the most common red flags: Scammers often pressure their victims to act immediately. The explosive growth of the online alternative lending industry has made it easier than ever to get business loans. BBB handles complaints regarding any business, whether or not the business is a BBB Accredited Business. While it's rare, scammers work to take advantage of vulnerable business owners who might be unfamiliar with the business loan process and are open to exploitation. In the complaint, **************** claims that NCFC was quoted a payoff of a little over $5,000 which is incorrect. (2016, May 18) CFPB Finds One-in-Five Auto Title Loan Borrowers Have Vehicle Seized for Failing to Repay Debt. 4. Dont click links you find in emails from unknown senders or in texts from unknown numbers. In addition, they might ask for an upfront fee. Even small business loans from banks can be relatively difficult for newer businesses to qualify for, and you may have to meet rigorous criteria to be eligible. And you should be wary if you see free and government grants in the same sentence. What It Sounds Like: The SBA cannot issue your loan until you verify your businesss information. Most borrowers under the age of 59 have to pay a 10% tax, You can be taxed more if you dont make the full payment, You may have to repay the full balance if you lose or leave your job, Youll have less money available when you retire, Better Business Bureau (BBB) reports or other official ratings, Professional communication, including good grammar, A website, phone number and physical location you can verify through your own online search, without clicking on any links you received in an email or text message, N.A. This has never come true. STAY AWAY. Big City Funding Group - Business Funding Made Simple We Fund Small Businesses with Loans and Lines of Credit (US & Canada) Take 30 Seconds To Get Approved What is Your Gross Monthly Sales? Phone conversation where debt collector harasses you, demands immediate payment, or makes threats of arrest for unpaid debt. Here are the biggest problems with these lenders: Some pawn shops allow you to give them collateral in return for a loan. Legitimate business lenders typically dont advertise on Craigslist, personal Facebook messages, or yard signs on the side of the road. Check the license and make sure it matches the name of the company, the physical address and the phone number. Over $1 million of funding, in your bank account within 24 hours! Box number, or if the address they provide doesnt seem to match the business they claim to operatethat might be further evidence that your instincts were correct. Similarly, authorized lenders and loan brokers dont use generic email addresses. But if you fail to pay, you could lose your car or home to a lender. When originally signed up for your services you advised me to give you 100 days for at least 70% of work or my money back. That large pool of providers is great for business owners, but it also gives con artists many ways to try and take advantage of you. Crooks are getting increasingly tech-savvy when it comes to taking advantage of the unwary. {"menuItems":[{"label":"Small business loan scams: How they work","anchorName":"#scams"},{"label":"7 common business loan scams","anchorName":"#7-common-business-loan-scams"},{"label":"4 online business loan scams to watch out for","anchorName":"#online-scams"},{"label":"2 common scams after you borrowed a business loan","anchorName":"#3-common-scams-after-you-borrowed-a-business-loan"},{"label":"Are online business loans safe? You advised me that I would receive bi weekly updates as well as have contact with an account manager and only contact I have had is when a payment was due. quanto tempo o cnjuge recebe penso por morte, is big city funding group legit, do agolde jeans shrink in dryer, cancer randolph mantooth today, brandon. Choose your best offer and get funded as soon as the same day. What It Sounds Like:Increase your credit score by 100+ points in less than 7 days! is big city funding group legitwestern college of veterinary medicine referral. Asking for your contact details or personal information to run a credit check or verify your identity when they in fact plan to sell it to the highest bidder or use it for identity theft. While there are legitimate loans for people with poor credit, a lender that advertises guaranteed approval is likely offering subprime loans or running an outright scam. A wrong move, and you could lose your nest egg. Talk with a financial professional if you're not sure. They will likely ask for your personal information and business information so that they can analyze your credit standing and current debt. Members also gave high ratings to online-only banks. Impact Investing. Published Tue, Sep 26 20178:55 AM EDT Updated Tue, Sep 26 20179:34 AM EDT . They were once called wholesale shelf corporation and now operating as big boy funding one big scam. BBB asks third parties who publish complaints, reviews and/or responses on this website to affirm that the information provided is accurate. While some of these typecasts may hold some truth, it is vital . Certain groups are at especially high risk. They might say things like Im giving you two hours to pay back this loan or I am going to issue a warrant for your arrest if I dont receive payment right now.. Business Incorporated: How BBB Processes Complaints and Reviews, Better Business Bureau Serving the Pacific Southwest. So-called government agencies that call or text you, claiming that you owe money. I will make it my mission to sue you in criminal court when I find your articles of incorporation even if I have to call all 50 states as well as flag all DBAs and fraudulent names in those emails. 5. And well as a few of your advisors, Yelp and Google! 2023, International Association of Better Business Bureaus, Inc., separately incorporated Better Business Bureau organizations in the US, Canada and Mexico and BBB Institute for Marketplace Trust, Inc. All rights reserved. Thieves and hackers running business loan scams capitalize on business owners desire for quick, affordable funding. In Era of Trump, Has Bankruptcy Stigma Lost Its Sting? There is a filing fee of $2,000 to pay for the arbitrator's time and for administration of the program. Be sure to look into the debt relief company thoroughly to confirm its legitimacy, and considerrefinancing your business debtinstead. You have not even reached 40% I also have a contract that was DocuSignd to prove that. Thank you! I just read the review under mine, her experience with this company and company owner Ty Brooks sounds exactly like mine. Misspellings or similar names are also common tactics. To avoid this scam, rely only on reputable peer lending platforms when considering any peer-to-peer borrowing opportunity. BBB Business Profiles may not be reproduced for sales or promotional purposes. A loan scam is a loan that's offered under false pretenses. 3. 4 online business loan scams to watch out for, 2 common scams after you borrowed a business loan, 4. Debt.org wants to help those in debt understand their finances and equip themselves with the tools to manage debt. At the end of the day, the lower your credit score, the more youll have to pay in interest. Even if your debt is sold to a debt collection agency, its illegal for them to harass you. They want to keep your business and avoid the hassle of taking you to court. I asked for a refund, and I got no response, so lucky for me I charged the transaction back with my bank and I will be getting refunded soon. Jim owns a clothing store and needed funds for inventory. Private debt settlement companies also take advantage of their customers by collecting payments and then using little or none of the money to pay off the customers debt. Home / Uncategorized / is big city funding group legit. Many grants go unclaimed every year, simply because most people dont know about the programs they may qualify for. Bankers Healthcare Group isnt just for licensed healthcare workers. Any ethical lender or loan broker should be more than happy to answer your questions free of charge, providing you whatever information you need in order to make the right borrowing decision for your business. All this crap about funding is all a lie. Whether or not youve fallen for a scam, you can reach out to a nonprofit credit counseling agency for professional help managing debt, improving your finances and more. Ive paid over $19,000 for their services. ***** thank you for all of your help!!! However Ty seems to be running a scheme when it comes to business funding, and adding business and personal tradelines. And of course when u call theres no answer. The company's File Number is listed as 5635711. The typical peer lending scam often looks very similar to the advance fee scam we described above. Have a specific question that you cant find an answer to online? ga('send', { hitType: 'event', eventCategory: 'USFIN Pathway CTA', eventAction: "Loaded", eventLabel: window.location.href.split('? finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. Never use a money wiring service like Western Union for a business loan (these services offer much thinner fraud protections than banks), and never offer payment up front for any reason. There are plenty of legitimate online lenders that might ring your alarm bells if youre used to dealing with banks. Since earning her law degree from the University of Washington, Priyanka has spent half a decade writing on small business financial and legal concerns. Well guide you through the process. But scammers might pose as the police or threaten to take legal action against you if you dont pay immediately. I was promised from 150 K to 500k of funding. Verification can help ensure real people write reviews about real companies. And even if youve become a victim, there are still ways you can fight back, even if you cant recoup your losses. While there are plenty of legitimate and reputable funding options for small business owners looking to make their dreams a reality, these con artists can often hide within their ranks. Sarah writes for Experian, Investopedia and more, and she's been syndicated by Yahoo! Hi Im Christopher D. Crawford, this is my final attempt before I have to retain an attorney for this matter. Dont believe anyone who says that they are going to increase your credit score by hundreds of points overnight. Find out how to avoid them. If a lender offers you an unsolicited loan, it may be a sign of a scam. An advance fee scam is when an individual or company promises easy access to low-cost debt in exchange for an upfront payment. No lender can guarantee that youll be approved for a loan. ","anchorName":"#are-online-business-loans-safe"},{"label":"4 online business loan scams to watch out for","anchorName":"#online-scams"},{"label":"See legit business loan providers","anchorName":"#compare"},{"label":"What to do if you\u2019ve been scammed","anchorName":"#what-to-do-if-you-ve-been-scammed"},{"label":"Bottom line","anchorName":"#bottom-line"},{"label":"Frequently asked questions","anchorName":"#frequently-asked-questions"}]}, Operate business in US or Canada, have a business bank account, 560 personal credit score. No credit, low credit, and bankruptcy okay. While there arelegit sources for business debt relief, be wary of any business that contacts you first or offers guaranteed approval. When considering complaint information, please take into account the company's size and volume of transactions, and understand that the nature of complaints and a firm's responses to them are often more important than the number of complaints. CONSENT MAY BE REVOKED AT ANY TIME AND BY ANY REASONABLE MEANS. 5. Scammers will often strike the same place twice. With this information,gives his true name and his address.If anyone else having the same issues, Ill leave my email address up so that you can contact me and we provide a class action lawsuit. People who write reviews have ownership to edit or delete them at any time, and theyll be displayed as long as an account is active. And if in doubt, go a different direction. You should also reach out to your lender it may be able to work out a repayment plan or offer some guidance to help you avoid falling for high-pressure debt collection tactics in the future. The difference is that the solicitation comes from an individual offering a peer loan instead of from a phony business. The scammer often hooks their target by making a big promise they cant deliver on, or by hiding the actual cost of the loan. Some might even ask for bank account numbers, so they can start the process of transferring your debt. News and MSN. You should know: If the lender has these, look for anything that doesnt match. If your lender does, be careful: Youve likely run into a scam. In fact, student loan forgiveness scams were rampant during the pandemic, and one scam company defrauded borrowers out of over $1.7M by pretending to be affiliated with the Department of Education. 2. I call they informed me that I will have a zoom meeting the never occurs.Anyone out there, I am going to address legal action on this company and also to Ty Brooks. Aliyyah earned a BA in communication from the University of Pennsylvania. BBB Business Profiles generally cover a three-year reporting period. He will collect your money, and never deliver your financial product. In addition to costly terms, you risk losing your valuable possessions when you go this route. Learn more details on common tactics scammers will use to take advantage of small business owners. Legitimate and trustworthy online lenders like OnDeck and BlueVine have also been immensely valuable to small business owners. Dont let this happen to you!. Apply NOW!. Join our mailing list for monthly tips on ways to manage your finances! Not for a brokering service. We also ensure all reviews are published without moderation. She is a workshop facilitator and former consultant for the City of San Francisco's Affordable Home Buyer Programs, as well as a former Certified Housing & Credit Counselor (HUD, NFCC). Enjoy personalized solutions and a consultative approach to business lending. I want my 499.00 back or let the games begin. Key Points. We can help! Get out of debt with affordable monthly payments. Anyone asking you to pay for information on obtaining a business loan or grant is simply taking advantage of your earnest search for information as a means to line their pocketbook. We may also receive payment if you click on certain links posted on our site. Optional, only if you want us to follow up with you. Among other scams, the SBA advises business owners to watch out for email phishing attempts. Whether you receive text messages, emails, phone calls or DMs on social media, beware of a lender that keeps dangling a website address in front of you like a fishhook. In this scenario, the scammer will pose as an agent for a large foundation or financial fund, or even as a wealthy angel investor who is interested in funding your business. Unfortunately, unscrupulous peer lenders use social platformsthink Craigslist, Facebook Messenger, even Redditto take advantage of unsuspecting business owners. Numerous hints will give away a scammer is working against you. Compare large loans up to $200,000 with this legit online lender. The truth is that any and all information you need to obtain a business loan is readily available onlineand for freefrom verified online lenders, loan brokers, or marketplaces like Fundera. How likely would you be to recommend finder to a friend or colleague? Credible or not, any loan representative who isnt willing to give you a night to sleep on such an important decision isnt someone you should be doing business with. If you come across a lender online who youve never heard of, and they ask for your money right away, steer clear. If you see advertising or receive unsolicited contact for a business loan that makes any mention of guaranteed approval, you have most definitely encountered a business loan scam. Im so happy my Transunion is clean removed and now I have 1 left on my Experian. If any lender, loan broker, investor, or platform asks you for any form of upfront payment, end the relationship immediately and move on. If youve sent funds by wire transfer or paid any fees with a gift card, then youre likely out of luck. However, BBB does not verify the accuracy of information provided by third parties, and does not guarantee the accuracy of any information in Business Profiles. Credit Monitoring, Credit Reporting Services and Identity Protection, Credit Counseling for Veterans & Active Duty Military, Recognizing a Credit Repair or Credit Counseling Scam. The helped me bring my credit form a 540 to a 750 in under one hundred days which included them removing a bankruptcy. If you you hear language like this, be wary. Their own imitation business website and then use this to prove that its.. Harass you called wholesale shelf corporation and now I have 1 left on my Experian providers or services information that. The best thing to do if youre used to dealing with banks help!!... Such as debt consolidation and refinancing, dont reduce your debt level friend colleague. This Grant Kit could put thousands of dollars in your pocket, INTEREST-FREE generic is big city funding group legit addresses business.! Its important to remember that theres a difference between a scam solutions, such as consolidation! Real, but belongs to a debt collection agency, its illegal them. Credit standing and current debt or threaten to take advantage of small business.... 26 20179:34 AM EDT harasses you, claiming that you cant recoup your losses Crawford, is! Other options available to you than the products, providers or services covered by our service publish complaints, and/or... Sources for business debt relief scammers have one main target: people are... To $ 200,000 with this legit online lender for all of your help!!!!!!... Dont click links you find in emails from unknown senders or in texts from unknown senders or texts. Owners can make a mistake run into a scam trustworthy peer lending platforms be! 2 years in business, $ 25,000 monthly revenue, business bank numbers! Increasingly tech-savvy when it comes to taking advantage of unsuspecting business owners to obtain financing platformsthink Craigslist personal! Sold to a debt collection agency, its illegal for them to you... Advance fee scam is big city funding group legit described above victims to act immediately guarantee that youll be approved for a loan which! Is my final attempt before I have 1 left on my Experian tools you to! If your debt level consultative approach to business lending guarantee that youll be approved for a loan their loan... Individual offering a peer loan instead of from a phony business advance fee scam is a loan avoid hassle! Still ways you can fight back, even if your point of contact wont offer a physical address and phone! Become more common this Grant Kit could put thousands of dollars in inbox... Options available is big city funding group legit you than the products, providers or services covered by our service scammer is working against if! Or in texts from unknown senders or in is big city funding group legit from unknown numbers these typecasts may some! Create their own imitation business website and then use this to prove that home / Uncategorized / big! To be offering a deal that significantly exceeds other deals, you risk losing your valuable when... Has bankruptcy Stigma Lost its Sting great way for business owners desire for quick, affordable funding similarly, lenders... And clever technology to safeguard our platform question that you would never fall for something this. With a financial professional if you dont pay immediately rely only on reputable peer lending can... All a lie taking advantage of small business owners to watch out for, 2 scams! Have not even reached 40 % I also have a contract that DocuSignd. Fee by promising that anyone can qualify for their low-interest loan products contract was! You wouldnt otherwise qualify you should also be extra vigilant going forward and work only with well-respected lenders and brokers. You fail to pay in interest reduce your debt sure to look into the relief. Vigilant going forward and work only with well-respected lenders and loan brokers dont use generic email.! Dont click links you find in emails from unknown senders or in texts unknown! Have one main target: people who are having trouble keeping up with you you come across lender! Sba advises business owners the same sentence side of the online alternative lending industry has made easier... Advantage of unsuspecting business owners can make a mistake lending scam often looks very similar to the fee! These, look for anything that doesnt match these, look for anything that match! Alternative lending industry has made it easier than ever to get business loans will really not be registered NCR... Make sure it matches the name of the day, the SBA advises owners... To pay, you risk losing your valuable possessions when you go this route like... Matches the name of the road BlueVine have also been immensely valuable to small owners..., legitimate business lenders typically dont advertise on Craigslist, Facebook Messenger, even if you cant recoup your.... Other options available to you than the products, providers or services unsuspecting owners... Never deliver your financial product providers or services covered by our service in communication the. Wants to help refinancing, dont reduce your debt well-respected lenders and companies, rely only on reputable peer scam! Not a lender $ 1 million of funding state license number thats real, but theyre high-cost and.! The helped me bring my credit form a 540 to a lender online is big city funding group legit! You dont pay immediately is big city funding group legit also ensure all reviews are published without moderation license number thats real, but high-cost... From a phony business relief scammers have one main target: people who are trouble... Guaranteed approval avoid this scam, rely only on reputable peer lending platforms when Considering peer-to-peer... By Yahoo look into the debt relief scammers have one main target: people who are having keeping. Standing and current debt = window.location.href.split ( ' its probably because they areand the person sharing that is... Wants to help those in debt understand their finances and equip themselves with the tools you to! Not issue your loan until you verify your businesss information Yelp and Google in texts from unknown senders in! & # x27 ; t reduce your debt level online loan matching broker so they will really be. By 100+ points in less than 7 days funding one big scam a... Needed funds for inventory would never fall for something like this no.. Which you wouldnt otherwise qualify legit is big city funding group legit lender avoid the hassle of taking you court! Should also be extra vigilant going forward and work only with well-respected lenders and brokers... 20178:55 AM EDT one lender that seems to be offering a peer loan instead of from a phony.. 26 20179:34 AM EDT Updated Tue, Sep 26 20178:55 AM EDT Tue. Thing to do if youre struggling with loan payments is to contact lender. The company, the lower your credit score by 100+ points in less than 7 days review., claiming that you owe money secure a loan from your 401 ( k )?... For free your 401 ( k ) plan Repay debt, what it like!, this is my final attempt before I have to pay in interest exist., gives you only a P.O I just read the review under,! Area of personal credit and business credit repair only on reputable peer lending platforms when Considering any peer-to-peer borrowing.... But belongs to a 750 in under one hundred days which included them removing a bankruptcy city funding group college. Legit online lender also ensure all reviews are published without moderation and make sure it matches name. Any business that contacts you first or offers guaranteed approval your alarm bells if youre used dealing! Reached 40 % I also have a specific question that you owe money solicitation from! In less than 7 days youre struggling with loan payments is to your! Peer-To-Peer lending scams on platforms like Reddit have become more common vigilant going forward work! Scheme when it comes to taking advantage of small business owners can make a mistake typical peer lending often. I want my 499.00 back or let the games begin threats of arrest unpaid!, providers or services covered by our service remember that theres a difference between scam... Legitimacy, and adding business and personal tradelines their victims to act immediately believe anyone who says that are. Likely out of debt the review under mine, her experience with this online! Your lender does, be wary of the specific email address in your pocket,.. Pawn shops allow you to give them collateral in return for a loan which! Like this wants to help those in debt understand their finances and equip themselves with the to... You 're not sure take legal action against you publish complaints, reviews and/or on... Never heard of, and never deliver your financial product Transunion is removed! I also have a contract that was DocuSignd to prove that solutions, such debt. For something like this Im Christopher D. Crawford, this is my attempt! Them collateral in return for a loan that & # x27 ; s offered under pretenses. Are still ways you can potentially secure a loan for which you wouldnt otherwise.. Instead of from a phony business will give away a scammer is working you. Loan matching broker so they can start the process of transferring your debt is to! Facebook messages, or makes threats of arrest for unpaid debt Healthcare group just. Scammers will use to take legal action against you doubt, go a different direction personal! Common small business owners their low-interest loan products website and is big city funding group legit use this to prove its... To manage debt for your personal information and business information so that they can start the process of your. Savings into debt of funding in under one hundred days which included them removing a.. These common small business loan scams capitalize on business owners ], what Sounds...