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  • Report:  #1526443

Complaint Review: CFG Merchant Solutions

CFG Merchant Solutions Liam Mclaughlin, Mike Ciprello, Gigi Garcia Continued to deduct money from my account after the loan was paid off and refuses to reimburse after given proof New York New York

  • Reported By:
    Lora — St Petersburg Florida United States
  • Submitted:
    Fri, May 19, 2023
  • Updated:
    Fri, May 19, 2023

WATCH YOUR BANK ACCOUNT!  This is a predatory lender who escapes regulation because they call their fees "percentage of revenue" rather than interest, allowing them to charge underserved small businesses ridiculous amounts of interest.  Literally legal loan sharks!  This company will continue to take payments AFTER your loan is paid off!  CFG funded a loan I had through Crestmont Capital and continued to take payments AFTER the loan was completely paid off, then REFUSED to refund my account after I sent them my bank account detail with proof!  They will dispute claims and talk in circles.  If you've had a loan from this company, CHECK YOUR HISTORY to be sure they didn't steal from you!  I truly believe after dealing with them that if I had not caught the additional payments coming out of my account, they would have CONTINUED to take money out of my account!  Reported them to the FTC and now that I have the back and forth emails and documentation to add to my claim.  I will be reporting them to the CFPB and RIP OFF report as well!

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