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The Loan Consultants, Inc.


Country United States
State California
City Los Angeles
Address 1055 Wilshire Blvd,
Phone 323-954-1050
Website http://www.loanconsultants.com/

The Loan Consultants, Inc. Reviews

  • Apr 15, 2018

The Loan Consultants The Loan Consultants: Facts or Yscam. After two years I am convinced that Ive been taken Los Angeles, Ca 90010Los Angeles, California

I signed up two years ago with The Loan Consultants. They represented that they fund loans or LC Mortgage would. That the programs and loans were plentiful, given the tightening of lending in the country. They represented that the reason so many brokers are shutting down their doors is because they do not know which lenders to contact and that is where their service comes in.

They represented that their technology allows you to submit loans electronicly. This technology is theirs. After obtaining my $11800, they informed me that the name of the software is Point and by the way, it costs another $550.

They represented that the field of equipment leasing and Factoring is virtually untouched and has a great deal of promise. After being in this business for a bit over a year, I can tell you that this business is not only not untouched, but it is almost non existant. Most people in business would simply do a search on leasing and moillions of results pop up. By dealing direct a business would save thousands of dollars every year.

They represented that they will assist in filing the state application. They represented that it was extremely difficult and I would need their help. Folks, Have you ever filled out an application where they asked you your name, address, phone, you know. The super simple stuff. They told me where to put my name. Now that is worth $11800,.

They represented to me that the wholesalers they will put me in touch with, will be able to beat the bank's rates and with less stringent conditions. After signing up with them, I asked them where should I take this client's potential loan. They replied: "Wellls Fargo". After paying $11800 I got the name of the corner bank. Now is that not worth the money?

The most important is that they said that the loan business is always changing and they will send a newsletter quarterly that updates and guides as far as market trends. None was ever mailed. Since two years ago the loan business has gone through a major change and these people left me stranded on an island.

With about a thousand pages of useless material that will take anyone months to read and about six months wait to go through licensing, they will make sure that the one year period in which you may return the product passes before your eyes. By the way I have proof for every thing I have said here.

I have filed an official complaint and very likely would like to file a Law suit if they do not refund my $11800. If there are any one out there that would do the same or has already, I would love to hear from you and coordinate an effort to wipe the country from scam artists as such. I said my name is anonymous below, but will coopreate with any one that will cooperate with me.

  • Apr 5, 2018

The Loans Consultants - The Loan Consultants, AKA International Loan Consultants Inc. Los Angeles, California, Toronto, Vancouver Canada

Advertised as "The Fastest Growing Business in Canada" . I called the 800 # to talk to a Dvid Staley in Toronto who assured me that This is one of the best business opportunities out there and that I would have to qualify to be in it. He sends me brochures, CDs etc.. which all sounded great. I was then contacted by a Kirby Burnett who told me that I qualify and what a great job that I would be doing. Everytime I ask him a question, he would say that they couldn't reveal all the secrets of the coarse but once I paid the $13250 and take the 2 days coarse, I would get very satisfactory answers to all my questions. To my surprize and disappointment, the coarse was a total deception , lies and a waste of time. Out of 8 potential ways to earn huge commissions from the lenders, only two of them that I would get very small commissions from the lenders and the rest I would have to negotiate the fee with the borrower. After expressing my disappointment To Staley and Brunett, I was told that I should have done my due deligence before I signed up with them. I told Burnett that one of the questions I asked him bluntly was if I could be involved in arranging financing for real estate deals and he told me that those type of deals fall under the "Asset Based Loans" and that it is part of what I will be doing . Only to find out that I would have to become a liscenced broker before I can get involved in such a deal. This company is all about lies, deception, they have offices that don't exist. Their president Stehen Weeks doesn't even answer letters or e-mails. They are professional scammers. I would very much love to take this company to court collectively. Salem vancouver, British Columbia

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