Camilo Concha and his band of crooks is at it again, under the new name LOAN CLUB USA. First, this is a complete rip off from the very successful Lending Club. They lie on their site stating the company has been around for 6 years and have successfully orginated loans that provide returns.
Other companies you may be familiar of are the folllowing:
mymedicalloan.com
medicalfinancing.com
petloans.com
consumeracceptancecorp.com
This business owner has fraduently held money from MERCHANTS, overcharged BORROWERS (so much they have had to pay many fines) and have extremely messy and unprofessional business practices.
The new business is geared towards copying the peer to peer lending space and is trying to solicit INVESTORS to put money towards the loans the company originates.
DO NOT PUT YOUR MONEY INTO THIS FUND. They are not credible, do not follow regulations and have NO PROOF of providing returns. Look at the website, www.loanclubusa.com this has ponzi scheme written all over it. Please, turn away now before you make any mistakes.
Here are some other complaints about Camilo's companies:
LoanClubUSA Reviews
Camilo Concha and his band of crooks is at it again, under the new name LOAN CLUB USA. First, this is a complete rip off from the very successful Lending Club. They lie on their site stating the company has been around for 6 years and have successfully orginated loans that provide returns.
Other companies you may be familiar of are the folllowing:
mymedicalloan.com
medicalfinancing.com
petloans.com
consumeracceptancecorp.com
This business owner has fraduently held money from MERCHANTS, overcharged BORROWERS (so much they have had to pay many fines) and have extremely messy and unprofessional business practices.
The new business is geared towards copying the peer to peer lending space and is trying to solicit INVESTORS to put money towards the loans the company originates.
DO NOT PUT YOUR MONEY INTO THIS FUND. They are not credible, do not follow regulations and have NO PROOF of providing returns. Look at the website, www.loanclubusa.com this has ponzi scheme written all over it. Please, turn away now before you make any mistakes.
Here are some other complaints about Camilo's companies:
http://www.ripoffreport.com/r/Consumer-Acceptance-Corp-/Encino-California-91436/Consumer-Acceptance-Corp-WARNING-MyMedicalLoan-MedicalFinancingcom-is-now-Consumer-1059910
http://www.ripoffreport.com/r/mymedicalloancom/internet/mymedicalloancom-my-medical-loan-They-lie-steal-and-RIP-PEOPLE-OFF-Internet-641710
http://www.ripoffreport.com/r/Surgeryloanscom/Irvine-California-92618/Surgeryloanscom-lied-to-both-patient-and-doctors-office-to-obtain-credit-card-and-bank-a-228347