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Rapid Finance Review

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Rapid Finance Review

  • 2 comments
  • Updated on:
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Date Established
2005
Location
Bethesda, MD
Chris Motola

Chris Motola

Finance Writer at Merchant Maverick
Chris Motola is a writer, programmer, game designer, and product of NY. These days he's mostly writing about financial products, but in a past life he wrote about health care and business. He's a graduate of the University of Central Florida.



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2 Comments

Responses are not provided or commissioned by the vendor or bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the vendor or bank advertiser. It is not the vendor or bank advertiser's responsibility to ensure all posts and/or questions are answered.

    Alex Hamilton

    Organization Name: Hamilton Investment Properties

    You did not point out one of the obvious “Cons” with Rapid Advance, and that is the resolution of disputes. I.e. my company that I lost controlling interest in after dealing with Rapid Advance. Even with the strain of paying $135 per day on a Loan or over $2,700 per month on a $13,000 Loan, I would get double payments days deducted from my Bank without Notice causing hundreds of dollars of NSF Charges as well as missed payments on other obligations. My complaint was answered simple with the claim Rapid did not do this in the Face of Documented evidence from my Bank that had no choice but to Block the automatic Bank Deductions. This company refuses any payment arrangements outside of complete control by auto deductions from Business Banking. They will file false UCC negative statements claiming you refused to pay them, and not admit they refused payment without control of you Bank Account..

    If you have any kind of credit rating you should tell people tom stay away from these type Lenders.

    • Organization Name: Hamilton Investment Properties

    This comment refers to an earlier version of this review and may be outdated.

    Isaac

    Thank you Chris Matola for sharing your research on Rapid Advice. It was very detailed information as were the links.

      This comment refers to an earlier version of this review and may be outdated.

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