Capital Direct
Reviews and Complaints
Capital Direct Are criminals.
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Verified Reviewer | Cambridge, OntarioCapital Direct - Loan Review from Cambridge, Ontario
RUN, RUN, RUN for your life!!! I'm not exaggerating!
We had a loan with them for one year (actually a little less than a year) and after the year we owed about $1500 MORE than what we borrowed (and yes we made our payments every month ). They do not report to the credit bureau. If you think that they will help you rebuild your credit, your wrong. We thought they would but our bank told us otherwise.
They are legal loan sharks. We ended up getting a secured line of credit from our bank and Capital Direct gave them such a hard time when they tried to pay it off. (Our bank manager had to loose it and be on the phone for 2 hours) Please listen to me when I tell you to stay away. They are not an easy way out.
If you have bad credit don't go to these people there are other ways to get help. They will hold your house hostage and take it from you for a loan as small as $10,000. I wish I read the reviews before we went to them. I'm just glad to be rid of them.
Read the other reviews and stay away! The government needs to step in on places like this. Don't be fooled by the nice Comercials on TV.
I wish I could help anyone involved with these people. RUN!
Capital Direct
Fee to have my mortgage extended!
Preferred solution: Let the company propose a solution
Capital Direct - Loan Review from Toronto, Ontario
Borrowed $30,000 against my home in Markham, Ontario.. Interest rate was 19% and my payout after 2 years was still $24000 after paying $600 over that duration... Many lawyers will try to dissuade you from using this process...
Rude service
Second Mortgage Foreclosure
It started out as $30,000 second mortgage to bring tax arrears up to date, at signing papers I was told plus $10,000 broker fee; missed one payment, they filed statement of claim to sell my house; arrears statement came in at $65,000 - plus interest, plus legal fees, plus nsf charges - these guys stole my house.
DO NOT WORK WITH THIS COMPANY - THEY WILL lie, cheat, steal and take your house - they will not work with you, they will only charge you again and again and then file court papers to sell your house without notice.
Payout Review
Do not borrow from Capital Direct
Stay away from these animals
Capital Direct Corp.
Direct capital did not pay the vendors invoice
We have signed a lease agreement with Direct Capital and few weeks later the equipment arrived to our facilities. We have then signed the release that the equipment is functioning properly, yet Direct Capital has not released the check to the vendor, was not contacting the vendor, did not return our calls for two weeks.
This is when we gave up.
They are ruining our credit and credibility. The employees of Direct Capital are deceptive and unreliable. Do not work with this company! They are complete flakes!
Unprofessional company, unprofessional employees. Watch out as they are very deceptive with their financing rates as well.
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Did you say CRIMINALS! AGREE!
They took advantage of my terminally ill dad and tried to get him to take twice as much as he needed. They also told him that they had a lawyer for him, it’s a house lawyer, this person was not working for my dad.
They also raised the rates and took their fees which are obviously illegal. They charged him interest for money that he never received.
Scam. I had to pay it off to get these leeches off my dad’s back.