Magnum Credit Services Reviews (2)
Magnum Credit Services Rating
Description: CREDIT SERVICES
Address: 1069 Main Street, Suite 103, Holbrook, New York, United States, 11741-1618
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www.magnumcreditsevices.com
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Revdex.com:
At this time, I have not been contacted by Magnum Credit Services regarding complaint ID [redacted].
Sincerely,
[redacted]
Review:
Basically Came across this website in March. They say that they are a referral company and they claim to be able to
guarantee a person a loan regardless of credit. They charge a fee; the fee is based on the amount of money you are requesting.
The website is: [redacted]
They say to get started you pay the fee and then magnum credit will reveal the name of the lenders whom they guaranteed will give you a
loan. Once you pay the fee, the scam begins. They write to you and tell you that you must apply with 10 lenders. It is misleading to tell the
consumer that they are guaranteed a loan when in fact Magnum credit services has no affiliation with the lenders and have no control
over the outcome. I do not think most folks would bother with this if they knew upfront that they would be required to apply with 10
lenders and 5 credit card company's. If you don't get approved Magnum makes you provide proof that you were denied credit prior to refunding
your money. Even after you provide proof they will not refund your money as agreed. I am upset because they did not reveal to me that I would
be required to apply with 10 lenders. They reveal this to you " after " you pay the fee and not before. Applying for a loan with ten lenders one
after the other would completely destroy or at least bring ones fico score down a great deal. Plus having 10 inquiries on your credit report all in
one day does not look good. You can not talk with anyone at Magnum credit live on the phone. They say to email them and they will respond in
1 business day but they do not respond for several weeks. I have had contact with Donald Figueroa and David Fitzgerald and they will not refund my money plus I did not get a loan as guaranteed.Desired Settlement: The resolution I am seeking full reimbursement of the referral fee. Which is $100.00.
Consumer
Response:
At this time, I have not been contacted by Magnum Credit Services regarding complaint ID [redacted].
Sincerely,