Mechoice Financial - Boca Raton, FL
William Doniger Finance loan scam. Brokered loan through Clark Behavioral - deduct from acct, never pay source

Business & Finance

On July; we obtained financing with Medchoice to secure a loan for our daughter's boarding school; a behaviorial center in MO. We were referred to Medchoice by Clark Behaviorial Center.

We secured a 50K loan at 72 months with 12.99% even though we had perfect credit. Medchoice began deducting our checking account via ACH debit immediately. Flash forward to Nov; we have been notified by the school facility that no payments have been received on the loan from Medchoice

11-11- I called Bill on his cell phone and discussed the situation and he has reassured me that the loan can be cancelled and that monies paid on the account will be refunded next week.

11-11: I have been informed by a source that Medchoice began doing business with Clark on January. Starting in April of this year; Clark was notified that Medchoice was not making payments on any of the 90 said applications they refferrred to Medchoice.

11-11: Bill tells me that the fault is on Clark because they took their referral fees out too soon and that Medchoice has a pending lawsuit with Clark. My problem is that whether or not Clark took fees is irrevelant because they supplied documents to Clark showing abundant funds... Fees should leave them broke and inable to pay loans.

When Clark financial approached Medchoice (Bill personally) that no payments are happening, Clark was assured everything would be processed and resolved

So as of April, even though both Clark and Medchoice knew of default payments - both facilities continued to broker/refer/accept applications for additional loans

This is something very scary. I welcome the opportunity to discuss this with other potential victims


Company: Mechoice Financial - Boca Raton, FL
Country: USA
State: Florida
City: Boca Raton
Address: POBox 811463
Phone: 8003588980
Site: medchoicefinancial.com
  <     >  

RELATED COMPLAINTS

Medchoice Financial - Medchoice Credit Corp
William Doniger Company finances personal loan/deducts payments and does not pay merchant

Medchoice Financial - Medchoice Credit Corp
Deducts loan payments does ot pay merchant

Medchoice Credit Corp
We would like our money back

Medchoice Credit Corp
Buyer beware! - Patient Financing

Medchoice Credit Corp
William Doniger Fraudulent Loan Practices

Clark Shoes
Shoes Fall Apart

Home Care Alliance Group
Consumer Report

Reggie Clark
Consumer Report

Clark Electric Company
Clark Electric Damage done to Home and Poor Electrical Work that had to be re-done

Kenneth Clark of Realty Executives Premiere
We lost a substantial amount of money through our real estate dealings with Mr Clark