Consumer's Original Complaint:
Below is a cut & Paste from my Contract with Trade Capital Company:
CONTRACT TO PURCHASE INVESTMENT COMPANY SHARES FROM A PRIVATE PARTY
FOR VALUE RECEIVED in the form of $50000.00 worth of shares of Palisade Money Market Private Investment Company Series I, LLC,
a Nevada Limited Liability Company, (herein "buyer") hereby promises to pay to Trade Capital Company, Ltd, a Nevada
Corporation, at 1400 16th St. Suite 400, Denver CO 80202 USA, It's successors and/or assignees (herein "Seller") the amount of $50000.00, together with an origination fee equal to three percent (3%) of the loan amount, plus annual interest of 1.9 % Principal and interest shall be paid as follows:
One (1) origination fee payment of $ 1500.00 due and payable upon execution of this agreement, and;
Twelve (12) monthly payments of $ 79.17 due and payable each month onthe monthly anniversary of this agreementand;
One (1) payment of $50000.00 due and payable with the final monthly payment provided for above,
Together with all costs of collecting such amount, including but not limited to attorneys' fees if necessary.
Buyer agrees to pay a late fee of $15. For each payment received fifteen (15) or more days beyond its due date.
Buyer may prepay this loan at any time without penalty.
=
Dear support I have paid the initial balance of $1,500.00 to start the deposit loan program and have yet to pay the monthly installments that were to be
started from the lender Trade Capital Company through an Electronic funds transfer co called (virgin money) for the said amount of $79.17 monthly. This has yet to occur. And since no payment draft from my checking has accured, no credit reporting has been made to any of the 3 major credit bureaus and this is the major reason why people get these types of loans. Please let me know if there is anything else that I may provide you with. Oh by the way, is there a way I am still able to get my money refunded by reporting to my bank about this customer service mis-handling?
Respectfully,
~Buyer
Consumer's Desired Resolution:
Dear support, I am willing to accept a refund of the $1,500.00 due to false pretense of mr Jonathan Warren. I do have valid copies of an online chat, emails
and other incriminating evidence against this shrew person and a Mrs. Monica Jones. Please note: If a refund is not possible, then court fees may
apply.
BBB Processing
04/23 web BBB Case Received by BBB
0 comments