Trade Capital Company Reviews
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Bryan N.
January 17, 2009
Insider Secrets?
Hi there,
My name is Bryan. I have returned to post yet another update to the Try.Tc complaints. After 260+ days since my first complaint, I would like to address to the person named "Sandy" who had make a comment about my situation and how the BBB resolved my issue. Sandy is in fact an insider on the Try.Tc (Trade Capital Company) or quite possibly the Palisades investment side of the house. I know them both quite well and I can tell you they are quite cunning and very very deceptive. If your dealings with them would ever start, you would not have resolved your credit line or in fact any reports to any of the 3 credit Bureaus that they have promised to report to. If any of you would like to talk about a class action suit against this company, I'm sure we can get it off the ground with a quickness. Please e-mail me asap. Not much money is needed for a case such as this, and with my resources, I'm sure this is possible. I too still to this day have a problem with this company reporting to TranUnion with false information leading to a bad credit report of 120 plus days of non payment when I have in fact been refunded to with the help of the Better Business Bureau. I have records on file of every step that I have taken during my dealings with my account with both Trade Capital and Palisades. Oh, by the way, I also know that CreditLoader was also part of this company (a Subsidiary of Trade Capital). Do not deal with this company; you will be burned by embezzlement.
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April 16, 2008
Do not do business with this company
Trade Capital (TC) is a licensed lending institution that promotes a variety of personal and business credit building "tools." Based upon their advertising on their website (in which I have in JPEG format upon request), if I signed up for their Deposit Loan Program, they claimed to report the account to Experian and Transunion. They never did. I contacted TC, who proceeded to tell me I had to sign up with a different company (Virgin Money) and they would report the account. I signed up with Virgin Money, and again, no reporting ever happened. I then requested a refund and they refused. I then threatened to file a complaint, and was threatened in the following way by the CEO, Jonathan Warren: "I assure you that your threats are taken very seriously. Your specific, stated intent is to disrupt or sabotage our business operations. Such actions taken by you or others on your behalf would likely constitute Intentional Interference with Contractual Relations, abuse of process and more." If this is supposed to be some sort of implied threat, it won't work on me. TC is falsely advertising credit bureau reporting with its' "Standard" Deposit Loan Program. Their conduct has been highly unethical and unprofessional. My advice: Do not do business with this company and avoid Jonathan Warren.
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