Direct Capital
Reviews and Complaints
Worst company
SCAMMERS!!!
Direct Capital - Equipment Leasing Review
Direct Capital-Unethical money scammers
- Think they are shady
I never signed a lease (or did I)? THEIFS
- Interim rent scam
- How they masked a lease as a loan
Direct Capital has ACH only policy
Misrepresention
Direct Capital - Auto Loan Review
- Hidden fees and misrepresentation of the total contract amount
- How they masked a lease as a loan
Equipment loan(s)
- Staff at direct capitol
Direct Capital Financing
- Hidden fees and misrepresentation of the total contract amount
Preferred solution: Let the company propose a solution
Loan sharks!
I am a physician who was purchasing expensive capital equipment from the laser company, Cynosure. I did not have any previous knowledge or experience with Direct Capital. They were the partnering company who was running credit checks and doing the lease financing for Cynosure. I was given a final price and asked to sign the sales agreement,which had no financing or interest rates On it on the day of the sale at the conference I was attending and thought that the only role Direct capital was playing was to check my credit and offer me financing options. I was not given any other papers that day. Not even a copy of the sale agreement. While driving home, I called the rep for Cynosure and asked for a copy of all papers to be faxed or emailed to me. In the meantime, on the third day after the sale the delivery men showed up at my office and on their way out asked me to sign a paper saying I have received all the equipment intact and in new condition.
The long and very sad story is that I found out that Direct capital had in fact taken the liberty to complete the lease and financing without ever showing me an interest rate, nor with me signing anything that had that info on it!!!
In fact the only place they tricked me into signing was the delivery form. There was a small paragraph with smaller font at the bottom of the page where they put down, (almost as an afterthought or a side note!!!!) the "finance rate" , which is a vague term used for calculating an interest rate. This , by the way , ended up being 13 % !!!
I had and still have a business line of credit with a prime + 0 interest rate through my own bank that I wanted to use for financing.
This was a $40,000 education that I will never forget.
I will also never forget the names Direct Capital and Cynosure. Shady companies are always in bed with each other. It's very sad that corporations need to lie, cheat and steal. There is plenty of money to be made while abiding by moral and ethical standards.
Neither company did anything to resolve or better this situation. I hope they pay for their actions.
I wish someone would start a class action suit against them.
I am a practicing doctor in PA.
They are breaking the law!
They are not Up too Par Folks
- Think they are shady
- Julie genest direct capital
STAY AWAY FROM DIRECT CAPITAL IN NH
Claim for a judgement for a mistaken identity
Preferred solution: How in the world can Direct Capital send me a default judgement in New Hampshire when I never ever lived there , let alone run Ashanti Enterprises. I have worked as a professional Chemical Engineer
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Any tips on terminating at the end of my lease? I am at the end now.
Same Deal Here! Was bait and switch at its best.
I earned a surprise lease after signing with them years ago.
They STOLE $965 dollars from me using some scam they call Interim rent. I would have never signed a lease for my purchase.