Northland Credit Corporation

Revdex.com: I have reviewed the response made by the business in reference to complaint ID [redacted] , and find that this resolution is satisfactory to me

NCC has been a valued commercial lender in the trucking industry for yearsNCC does not lend to consumersNCC provides a vital source of financing for companies in the trucking industry, as an alternative to rental or traditional bank financingNCC provided financing to [redacted] *** [redacted] ***, Mr [redacted] 's business NCC did not provide financing to Mr [redacted] individually Mr [redacted] executed and Equipment Financing Agreement on behalf of his business and as a condition of financing, him and his wife signed a Personal Guaranty The EFA or Personal Guaranty documents do not require witness signatures or a notary The EFA is a security agreement and requires a monthly payment for certain term The payment is not broken down between principle and interest the way a consumer loan would be In addition, the statements made regarding Mrand Mrs [redacted] s credit report are false NCC has not reported on either personal credit report It appears they are mistaken on several aspects of this transaction, and are upset that there is a balance owed in which NCC is trying to collect NCC is a highly reputable lender and is well known for helping their customers Mr [redacted] has never called NCC to find a solution to his complaints, he has immediately resorted to the Revdex.com to voice misunderstood complaints, which is not the correct forum as this is a commercial transactionPlease feel free to contact NCC at ###-###-#### if you need further clarification or have additional questions.Thank you

NCC has been a valued commercial lender in the trucking industry for 20 years. NCC does not lend to consumers. NCC provides a vital source of financing for companies in the trucking industry, as an alternative to rental or traditional bank financing. NCC provided financing to [redacted]...

[redacted], Mr. [redacted]'s business.  NCC did not provide financing to Mr. [redacted] individually.  Mr. [redacted] executed and Equipment Financing Agreement on behalf of his business and as a condition of financing, him and his wife signed a Personal Guaranty.  The EFA or Personal Guaranty documents do not require witness signatures or a notary.  The EFA is a security agreement and requires a monthly payment for certain term.  The payment is not broken down between principle and interest the way a consumer loan would be.  In addition, the statements made regarding Mr. and Mrs. [redacted]s credit report are false.  NCC has not reported on either personal credit report.  It appears they are mistaken on several aspects of this transaction, and are upset that there is a balance owed in which NCC is trying to collect.  NCC is a highly reputable lender and is well known for helping their customers.  Mr. [redacted] has never called NCC to find a solution to his complaints, he has immediately resorted to the Revdex.com to voice misunderstood complaints, which is not the correct forum as this is a commercial transaction. Please feel free to contact NCC at ###-###-#### if you need further clarification or have additional questions.Thank you.

Revdex.com:
I have reviewed the response made by the business in reference to complaint ID [redacted], and find that this resolution is satisfactory to me.