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Access Capital Funding Group / Credit Building Scam Defrauds Thousands.

1900 Grant Street, Ste #725Denver, CO, United States Review updated:
4.25
Contact information:
Phone: 1-800-403-5738 Phone

Access Capital Funding involved in Credit Scam. The company knowingly stole from its customers, mostly small, startup businesses. When a whistleblower uncovered the scam, they buried the information and continued the illegal practice. Access Capital Funding has no intention of returning the monies to the business owners.
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Do
  9th of Sep, 2008
Agree Disagree 0 Votes
Access Capital Funding Group and the band of dissatisfied customers seems to be growing and growing quickly. The apparent victims of Access Capital Funding have lost personal revenues ranging from $1599 to $2400.
At this point, it is a good idea to research Access Capital Funding Group thoroughly before handing over your hard earned dollar. From what this reader can summize, there is a good chance you won't see you cash again anytime soon.
If you have been a victim of Access Capital Funding Group, please post your comments and experiences in their appropriate place and be sure to contact the Denver BBB and post your comment there as well.
If you feel you have been a victim of financial fraud, then sending off a note to the Colorado Attorney General or giving them a call would also be of benefit.
Access Capital Funding group does not appear to be a company with your business welfare in mind.
Good luck.
Te
  10th of Sep, 2008
Agree Disagree +2 Votes
Access Capital Funding Group - What can you expect for $2400? Apparently for a lot of customers - not much. Access Capital continues to make press and I wish I would have read some of these postings before taking the leap. Oh well - don't be foolhardy with your money...research as the other posters have pointed out can be very important in choosing the right company.
"Trusted Criminals: White Collar Crime
Access Capital Funding is being accused of making false promises to customers to drive sales." Access Capital Funding Group’s consumers were intentionally misled due to false advertising and deceptive business practices, including offering misleading information to obtain financing; Access Capital Funding falsely advertised on the Internet that consumers could use their credit repair program to remove negative, but accurate and up-to-date, information from their business credit reports to obtain loans without a personal guarantee. In addition, the suit alleges that Access Capital Funding Group bills customers for canceled services; breaches of contract by failing to deliver goods and contraventions …by failing to reimburse consumers who had exercised a right to cancel.
"The amended complaint also extends the responsibility of Access Capital Funding Group’s credit department to several of the firm’s international entities and affiliates."
More...
"Credit Building Scam Defrauds Thousands.
Access Capital Funding involved in Credit Scam. The company knowingly stole from its customers, mostly small, startup businesses. When a whistleblower uncovered the scam, they buried the information and continued the illegal practice. Access Capital Funding has no intention of returning the..."
"No service provided
Access Capital Funding Group knowingly charged unauthorized fees to my credit card numerous times without my signature on ANY official documents/contracts/service agreements. After Demanding a REFUND from Access Capital Funding and notifying them to cease and desist/cancel account, they continued..."
"Credit Building Scam Defrauds Thousands.
Access Capital Funding Group and the band of dissatisfied customers seems to be growing and growing quickly. The apparent victims of Access Capital Funding have lost personal revenues ranging from $1599 to $2400.
At this point, it is a good idea to research Access Capital Funding Group...
This is a victim of Access Capital Funding Group from over a year ago...
On Sept. 3, 2007, I signed a contract with Andrew (VP) of Access Capital funding Group, LLC in Denver, CO. I also authorized (4) direct payments of $399.75, beginning in Oct. of 2007, totalling $1, 599.00.
I also signed their 'Personal Credit Restoration Program Contract, ' which gave them a 'limited power of attorney, ' so thy could obtain information and improve my personal credit score.
I have had to further pay for all credit reports twice, and the cost of mailing them to them...this was not included in the fees.
I completed forms for Trade Accounts application, for my business credit building process to begin. I finally had to call Dunn & Bradstreet on my own to establish an account. I also had to apply on my own for my business trade accounts, Staple's, Office Depot and Quill. I received those business credit cards, and made several purchases, and paid them prior to being invoiced (as advised by Access Capital) however none of them have filed that positive credit information to D & B.
I have received no information on becoming an LLC, or incorporation of any kind, which would have seemed a likely step into establishing any such business.
I essentially have made all the efforts, paid their $1, 599, and have to date...received nothing!
This process has been going on since Sept. 3, 2007. It is now June 6, 2008!
I have e mails to verify that I was to receive my business loan in the amount of $150, 000 by Nov. 3, 2007, from Andrew Eikenberg, the Vice President of this ACFG.
Because of this, I made several business deals, and it caused a great deal of grief when I actually found out...that wasn't going to happen in Nov. 2007.
Now, I'm hearing, and I have all e mails verifying this, that they need to get my PERSONAL credit score up to around 720 before the financing will happen! 'It's your past credit mistakes that are causing you problems, we can't help that!'
But at the time they sold me their 'package, ' they assured me, this loan would be solely based on the business credit they helped me establish.
This company is deceitful and misleading, and I can assure you they fully plan on dragging this out until Sept. of 2008, at which time, they'll most assuredly tell me...'your contract has expired, and there is nothing we can do for you!'
I have repeatedly asked for a full refund of my $1, 599.00, but I just keep hearing about how much work they've done for me, and they emphatically reply 'there will be NO refund!'
I have countless e mails, and every single piece of correspondence I've had with these rip-off people saved in my file. Someone needs to STOP them from robbing the hard-working public of their money and their dreams of entrepreneurialship!
Fed-up and ripped-off in Wisconsin!
C'mon people - THINK BEFORE YOU PAY!!!
Gh
  15th of Sep, 2008
Agree Disagree 0 Votes
How to Commit Fraud and Get Away with It?
Since the Enron drama we may tend to picture people who commit fraud as infamous villains, forgetting the fact that the reason fraud is so insidious is because it tends to be so well hidden.
To
  15th of Dec, 2008
Agree Disagree +1 Votes
FEDERAL TRADE COMMISSION

I submitted my complaint to the Federal Trade Commission. I have been trying to resolve my case now for 6 months, still nothing. All of Andrew Eikenberg's Rebuttals claim that a refund is on its way or has been processed, but that is NOT TRUE! Not only that, Access Capital Funding appears to be retaliating, I am receiving tons of collection calls on behalf of ACFG demanding that I pay the "REMAINING BALANCE" of what the rest of the money they were unable to steal from me (I closed my account before they could fraudulently debit ALL of the money out of my account) GET THIS, not only are they demanding that I pay them $1600, they are threatening to report non-payment on my PERSONAL CREDIT! They were supposed to be building my business credit, but they never rendered any services whatsoever, they did steal $389 from my business account. I Demanded the refund once I was notified by my bank - it was unauthorized, I reported the transaction as FRAUDULENT, before I could get that resolved, Access Capital Funding debited ANOTHER $389 out of my account the following month. No contracts or any documents for that matter were signed. They just kept debiting money out. NOW THEY ARE TRYING TO PRESSURE/THREATEN ME BY CLAIMING TO REPORT NON PAYMENT OF THE REMAINING $1600?!?!?!? This whole case is about them stealing money from my business... They are trying to flip the script and scare me away! Either way, I have been fighting for justice and no progress has been made other than I have great documentation of my case from many sources. The FEDERAL TRADE COMMISSION can help prosecute this business, other victims please report your case to the BBB, the FTC, and the Attorney General, then we can all go back to business and stop dealing with this crap!
Jo
  19th of Mar, 2011
Agree Disagree +1 Votes
Access Capital Funding why are they still in business? Access Capital funding sounds an ILLEGAL business practice!!!

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