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Approval Warehouse

United States, California

Consumer reviews about Approval Warehouse

rad3049
Dec 9, 2011

False Statements

I answered an ad on Craigslist as well for Approval Warehouse. I did some "due diligence". I have been “around the block a few times” and “before I commit, I want to make sure this is legit”.
The statement is made that Approval Warehouse is licensed in all 50 states. I contacted the Maryland State Department of Licensing (my home state), and the State does not have a license recorded for Approval Warehouse nor for the purported parent company Pro Vantage, Inc. I asked the person who contacted me (in California) to provide me with the Maryland License registration number as this should be an easily verifiable statement made by the promoters of Approval Warehouse. No number has been provided to date. I also asked if my contact could provide 3 Merchant references who are offering the financing that I can contact for references on how they like the service. The reply was that they couldn't give merchant references. I concluded to myself that since they couldn't provide a Maryland license to back their claim of being licensed in all 50 states, and could not provide any merchant references, that this is a scam.

AWRR
Dec 16, 2011

False Statements

I think you all need to get a life. We here in America are so skeptical about everything, that is why people come here from other countries and own businessess, because they recognize that this is the AMERICAN DREAM. They take chances!!
I don't know about you, but I invested 30, 000 in a business and two years later it was gone, done, 30, 000 GONE.
So you all complain about $397 big whoop I can buy a pair of jeans for that.
Oh and the big PONZI scheme is that we don't have a PRODUCT are you for REAL. MONEY is what we have and we have it to give to businessess so YOU won't have to drive down the street and see every other business OUT OF BUSINESS.
WE are the 21st Century ROBIN HOODS (NOT robbing from the rich to give to the poor) but Lending Money To Americans and Their Businessess to Re-Build The Economy, Like I said this is the 21st Century Robin Hood!
AND
Are you kidding me the company takes 397 from you and then gives it BACK TO YOU. Well thats a real scam!!! Get over it. The economy sucks, banks are not leanding money so lets blame Approvale Warehouse for taking the perverbal Bull By The Horns.

Thats my 2 cents. GO Approval Warehouse

RSFD Lancaster
Dec 30, 2011

False Statements

In 2008 this country was given a rude awakening. You cannot finance everyone and without financing some things, the economy comes to a halt. Approval Warehouse is helping businesses with consumer loans, merchant cash advances, and many more products. They are set up like a network marketing company, but they really are different. I have set up over 10 accounts in various state during the last month. They don't approve every merchant or every loan. They do want to stay in business. Banks, finance companies, and insurance companies use business agreements with other companies to allow them to do business in other states. If you think this doesn't happen everyday, you really do not understand the financial world as it exists. Your own mortgage can be sold, moved, and collected by anyone the original lender wants to move it to. Get real. I have received my commissions from Approval Warehouse and really feel they are a good outfit. Their training is some of the best and in many cases probably over the heads of a non salesperson. If you feel Approval Warehouse is not for you, move on. But don't comment about unknowns.

thecraiginator
Jan 24, 2012

False Statements

The bottom line is if they lied about anything, it does not matter what the cost is, how much you make ect. They are not registered in all 50 states. If they can lie once, they can lie anytime. This is not only an MLM but also is a bizop. The worst preditory sales pitc devised. Remember Don Lapre!

J Boy
Feb 11, 2012

False Statements

Approval Warehouse has now changed thier tune...they claimed to be able to finance consumers with as low as a 550 Credit score and in some cases even a 500 under certain circumstances. Now that they have signed up over 2000 agents they have changed it to a 650 minimum credit score. They totally misrepresented themselves.
They are now concentrating on a business benefits package that is total crap and that you can get from hundreds of other companies. Im sorry i ever had anything to do with this SCAM of a company and i would not reccomend anyone getting involved with them.

samuel1
Apr 9, 2012

False Statements

They pulled the bait and switch on me, I signed up to offer the Consumer Finance product. Shortly after they debited my account they closed the product line. I have not received a refund.

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