We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
The Funding Operation is it a scam?
wow_bristol
Posts: 3 Newbie
in Loans
Hi, has anyone heard of this company? Have been working as an agent for the last month for them, but am beginnning to wonder if it is a scam!!!
They send you leads, you ring them from your voip phone they help you set up and then fill in forms for loans online, and if they get approved you get commission. Sounds great on paper, but have found that the info they gave me was incorrect they said about 20% get approved, but out of 20 or more I have got only 1 going through. They charge you £50 per month to cover their software costs but only once you earn any commission. At moment most have been declined and one that is going through will only just cover my telephone call charges and my fee to them.
My system has not been working for last 3 days and they no longer seem keen to help me get it sorted, I have a new pc, have got sky to increase my speed etc have done everything they seem to say problem is but now they don't seem interested and yet only a week ago I was there top agent getting the most forms filled in!!!!
Has anyone else worked for them is it a scam? They seem to have gone very quiet since I said it doesn't seem all its cracked up to be and can't see how anyone can make any money, except them of course!!!
They send you leads, you ring them from your voip phone they help you set up and then fill in forms for loans online, and if they get approved you get commission. Sounds great on paper, but have found that the info they gave me was incorrect they said about 20% get approved, but out of 20 or more I have got only 1 going through. They charge you £50 per month to cover their software costs but only once you earn any commission. At moment most have been declined and one that is going through will only just cover my telephone call charges and my fee to them.
My system has not been working for last 3 days and they no longer seem keen to help me get it sorted, I have a new pc, have got sky to increase my speed etc have done everything they seem to say problem is but now they don't seem interested and yet only a week ago I was there top agent getting the most forms filled in!!!!
Has anyone else worked for them is it a scam? They seem to have gone very quiet since I said it doesn't seem all its cracked up to be and can't see how anyone can make any money, except them of course!!!
0
Comments
-
I wouldnt have even started working for them. Get out now.0
-
A very dear friend of my late Mum used to be very high up in the sales side of a large mail order business.
I always remember her saying that any company which will not pay you a salary every week is not worth working for, and that firms paying commission only are nothing more than sharks and not worth bothering with.
It's information that is just as relevant today as it was then."There are not enough superlatives in the English language to describe a 'Princess Coronation' locomotive in full cry. We shall never see their like again". O S Nock0 -
First problem I see is them charging you £50 a month for you to work for them......0
-
Dude! Wake up!
You are being taken for a mug. Misery lies ahead0 -
MY friend has a similar operation but he'll only charge you £35 a month to work for him.
You're already £15 a month better off.
Interested?Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0 -
Woahhhh, I would drop that little setup like a hot, poisoned potato.
Sounds like a win win situation for them and a lose lose one for you."We want the finest wines available to humanity, we want them here, and we want them now!"0 -
The naivety of some people is breathtaking. Why would you pay someone £50 a month to work for them. If it wasn't a scam the £50 could be taken from commission earned. Bail out now OP, while your losses are still not too high.I can afford anything that I want.
Just so long as I don't want much.0 -
oh dear.....the world continues to amaze me...It is nice to see the value of your house going up'' Why ?
Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
If you are planning to upsize the new house will cost more.
If you are planning to downsize your new house will cost more than it should
If you are trying to buy your first house its almost impossible.0 -
You don't pay them £50 per month they take it from the money you have earned. So I haven't given them my bank details yet but they will need it eventually to pay me, which is why am trying to check out if genuine company. Just unsure whether to continue and wondered if anyone else is working for them or has worked for them?0
-
wow_bristol wrote: »You don't pay them £50 per month they take it from the money you have earned. So I haven't given them my bank details yet but they will need it eventually to pay me, which is why am trying to check out if genuine company. Just unsure whether to continue and wondered if anyone else is working for them or has worked for them?
Why would they need YOUR bank details? They aren't going to be paying you anything.
Are you really this naive? Can you seriously not see the unanimous warning on this thread?
You are being scammed, you are getting ripped off!!
This mess is even worse than a Kirby Vacuum cleaner nonsense.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.1K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.1K Work, Benefits & Business
- 603.7K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards