Mahomes Capital’s debt consolidation scam is back

Is Mahomes Capital a scam? We will let you judge.

Mahomes Capital entices you by sending you a direct mail with a “personalized reservation code” and a low interest rate of 3.04% to consolidate your high interest credit card debt. You will be directed to Mahomes Capital com or my Mahomes Capital com. More than likely, you will not qualify for any of their debt relief loans and they will try to turn you into a more expensive debt settlement product.

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This is nothing new. Many unscrupulous debt marketers have used it as a business model for years. They lure you in with the low interest rate, chain you in for a week, then let you know that you don’t qualify for a loan. They then offer you some very expensive debt settlement options.

Is Mahomes Capital legit or a scam?

Crixeo.com awarded Mahomes Capital 1 star (data collected and updated as of September 21, 2021). We hope the information below will help you make an informed decision on whether to do business with Coral Funding. We hope the information below will help you make an informed decision on whether to do business with Coral Funding.

• Mahomes Capital operates two websites, Mahomes Capital.com and myMahomes Capital.com.
• Mahomes Capital is one of a collection of almost 50 websites that we have discovered. All of them are affiliated and listed below.
• Our belief is that Mahomes Capital operates so many different websites in order to escape the huge amount of complaints and negative articles on the internet.
• We advise you to exercise caution when working with Mahomes Capital. Affiliate websites have multiple negative reviews and scam complaints.
• Mustang Advisors operates under the sovereign protection of the Mandan, Hidatsa and Arikara nations (a / k / MHA Nation), a Native American tribe.

Mahomes Capital can probably be affiliated with the following websites:

• Mustang Advisors
• Hawkeye Associates
• Dale Ready
• Yellowhammer Partners
• Big Apple Associates
• Cornhusker advisers
• Capital of the Bruins
• Badger Advisors
• Rockville Consultants
• Snowbirds Partners
• Gulf Street Advisors
• Brice Capitale
• Partners earlier
• Associates of the Old Dominion
• Harrison Financing
• Johnson Funding
• Taft Financial
• Georgetown funding
• Memphis Associates
• Tate advisers
• Patriot Funding
• Malloy Loans
• Plymouth Associates
• Silvertail Associates
• Safe Path Advisors
• Coral funding
• Neon financing
• Cobalt Advisors
• Saxton Partners
• Hornet Partners
• Associates of the colony
• First state associates
• Polk Partners
• Scale advisers
• Corey Advisors
• Pennon Partners
• Jayhawk Advisors
• Clay Consultants
• Great Lakes Associates
• Pine Consultants
• Alamo partners
• Punching associates
• Partners of the Montagne Blanche
• Steele Advisors
• Grand Canyon Advisors
• Glider loan
• Lucky Marketing
• Golden State Partners
• Pine Consultants
• Derby Advisors
• Graylock Advisors
• Tuck Associates
• Punching associates
• Keel Partners
• Ballast associates
• Loan of tweed
• Loan of competition
• Graphite financing
• August funding
• Broadstar Financial
• Financing Salvation
• Loan of stallions
• Pebblestone Financial
• Sussex funding
• Lafayette financing
• Guardian Angel Funding
• Bridgeline financing

Mahomes capital Reviews and ratings

Mahomes capital and its affiliate websites are not accredited by the BBB and have been the subject of numerous complaints and negative press under various names.

MEC Distribution SARL

At one point, Mahomes capital and its affiliate website operated as MEC Distribution, LLC. The Better Business Bureau launched its first alert on this company in February 2018:

In February 2018, BBB staff visited the Fargo ND addresses provided by MEC Distribution and found that all the locations were vacant and building management explained that although the rent was paid by MEC Distribution, the spaces offices were not in use. MEC Distribution LLC has provided BBB with a mailing address for handling complaints in Bloomfield Township Michigan. BBB mail to this address was returned as “undeliverable as addressed – cannot be forwarded”. BBB does not currently have a physical location for this business.

BBB has confirmed with the North Dakota Department of Financial Institutions that Lafayette Funding is not licensed in North Dakota as a debt settlement firm. In addition, BBB contacted the property management at Lafayette Funding claims in Bismarck, North Dakota, and learned that Lafayette is not located at this address. BBB advises extreme caution when dealing with this entity.

In February 2018, BBB staff visited the Fargo ND addresses provided by MEC Distribution and found that all the locations were vacant and the building management explained that although the rent was paid by MEC Distribution, the spaces offices were not in use. MEC Distribution LLC has provided BBB with a mailing address for handling complaints in Bloomfield Township Michigan. BBB mail to this address was returned as “undeliverable as addressed – cannot be forwarded”. BBB does not currently have a physical location for this business.

Mahomes capital BBB Reviews

You will not find a BBB file on Mahomes capital because the complaints have not yet started to flow. However, we have reviewed some complaints from its affiliate websites:

Cathy M. – 1 star reviewer

They changed their name to Salvation Funding. After seeing this note, I see why. I don’t know how they got my information, but they need to be stopped.

Terry W. – 1 Star Reviewer

Beware of bait and change mail. The conditions are “extremely different” from those advertised! It’s a waste of time.

My goal is to help others realize it’s a waste of time! Pebblestone Financial’s ad is certainly misleading in my opinion. After my conversation with Fred, his response was, “We can certainly help you… I’ll call you tomorrow morning with the details… prepare a pen and paper to jot down the numbers.” The sender understands in the fine print… This notice is not guaranteed if you do not meet selected criteria.

It also states, “This notice is based on information in your credit report indicating that you meet certain criteria. In my case, I’m not late on any payments, and neither will I. I am up to date on all unpaid debts and my credit history shows it. When Fred called the next morning… his terms were totally ridiculous and in my opinion “predatory loans”. When I ask Fred… are these the terms of the Pebblestone offer, he said yes. I replied, I am not interested in these terms and he immediately hung up the phone with no further conversation.

The reason I responded to Pebblestone Financial’s offer was to consolidate and simplify in one payment and take advantage of the low pre-approved rate averaging 3.67%. While I currently pay 10.9% to 12.9% to credit card companies… this offer was attractive. The sender said in BIG BOLD: You have been pre-approved for a debt consolidation loan with a rate as low as 3.67%. The pre-approved loan amount was actually $ 11,500 more than my total debt consolidation.

In summary… it’s definitely a “Bait and Switch” scheme in my opinion. I checked BBB comments before responding to this offer and did not see any negative comments. Now I see other very similar answers with the same “Bait and Switch” experience. Hopefully this will help others avoid wasting time in finding out about these unethical Pebblestone Financial practices.

The Rent-A-Tribe program

In recent years, hiding behind the protection of a Native American tribe has been made popular by internet payday lenders. In July 2018, Charles Hallinan, “The Godfather of Payday Loans” was sentenced to 14 years in prison for providing payday loans through the Mowachaht / Muchalaht First Nation in British Columbia. In January 2018, Scott Tucker was sentenced to more than 16 years in prison for running an illegal $ 3.5 billion payday loan business while operating under the “sovereign immunity” of the Modoc tribe. Oklahoma and the Santee Sioux tribe of Nebraska.

Why do we focus on Mahomes capitalNegative reviews of?

We urge you to do your own research and do your due diligence on any business, especially when it comes to your personal finances. We invite you to pay attention to what you find on the Internet. Compare the good and the bad and make an informed decision. In our experience, where there is smoke… there is fire. But you call.