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I am communicating with a poster who has had a very bad experience with London Exchange and is currently fighting to get a refund. No it is not the company I am looking at.
Hi South East Partners,
I am interested. Can you please send me the information that you have. You can email me directly at temperancej@hotmail.com
Also- I was heard of a company called the London Exchange from two separate folks and it sounds like they are reputable group. I can`t vouch for them for sure since I`ve never personally used them. They are the no fico score credit cards with a $500 upfront fee.
I hope this helps. I look forward to hearing back from you.
I canont say for complete sure that The London Exchange is a scam - but they do not behave very professionally. Here is my experience with The London Exchange:
I saw their website/information and saw the "BBB"
logo on their site and thought I would give them a try. I e-mailed them and was
told that they could expedite the application and that it was possible to get a
card within 5 days. So I proceeded. They told me they would process the
application without receiving payment as long as I paid within the week. I
mailed a check. Then on Thursday May 21st I was told that my card was
physically ready and they just needed payment to release it from their "business
partner" at the bank. At that point it would be "expressed" to me. So, I paid
with a credit card. On Friday I did not have the card and I called and was told
by Eric that he was waiting for confirmation that the card had been sent and a
tracking number.
Over the weekend I got in touch with someone else
who said that the company has no way of expediting the process and has no
control over how the card is mailed from the business partner at the
bank.
I still did not receive the card on Tuesday and I
called again. Bob called me back and said that the card is ready and I should
have it tomorrow (Wednesday) and to call if I did not. I called on Wednesday
and no one could answer my questions and no one called me back. I e-mailed and
was told that they asked the bank to process the app as quickly as possible and
they would check on the status. So I inquired/pressed to find out why 2
different people had told me that the actual card was ready -- when other people
were telling me that it wasn`t. And why some people told me the card would be
express mailed/overnighted and others were telling me that they couldn`t
expedite or overnight.
At this point I got an e-mail telling me that they
cancelled the transaction because they were getting complaints from the staff
over my repeated e-mails and phone calls. I called 5 times total over 5 days.
Every time I called I was polite and never raised my voice or made any
accusations. All of my e-mails and any conversation was professional, there was
no reason for them to be complaining simply because I wanted a staight
answer.
They claim to have mailed a receipt that they
cancelled the transaction, but I did not receive it. I also never received an
actual receipt of the initial transaction. If I do not receive my refund
tomorrow I will file a dispute with my credit card.
To add to this situation, on Friday evening I got
the following two e-mails:
"Elizabeth
Martinez,
You need to take your posting on rip off report down now. NOW! How would
you like it if someone posted your house and phone number as an escort
service. Take it down NOW!! Not playing around. Wait and see"
You need to take your posting on rip off report down now. NOW! How would
you like it if someone posted your house and phone number as an escort
service. Take it down NOW!! Not playing around. Wait and see"
"Liz,
It has come to our attention through an IP trace that you wrote up a fake
complaint about London Exchange on RipOffReport.com. We highly suggest
that you take this complaint off. This is blatant slander, and if you do
not take it down, London Exchange will pursue legal action against you.
Fake allegations can be very damaging to a business`s well being, therefore
it is taken very seriously by us. Your IP has been logged, and is
traceable back to your computer. We also have all of your personal
information on file, which will be submitted to our lawyers. You have 72
hours to take it down, before further legal action is taken against you.
Thank you,
John
john@thelonex.com
www.thelonex.com
949.202.4214"
It has come to our attention through an IP trace that you wrote up a fake
complaint about London Exchange on RipOffReport.com. We highly suggest
that you take this complaint off. This is blatant slander, and if you do
not take it down, London Exchange will pursue legal action against you.
Fake allegations can be very damaging to a business`s well being, therefore
it is taken very seriously by us. Your IP has been logged, and is
traceable back to your computer. We also have all of your personal
information on file, which will be submitted to our lawyers. You have 72
hours to take it down, before further legal action is taken against you.
Thank you,
John
john@thelonex.com
www.thelonex.com
949.202.4214"
It is not very professional to threaten to post
someone`s address as an escort service - especially when I did NOT post anything
to rip off report and even if I did there wouldn`t be any way for them to prove
it because they can`t trace an IP address of someone posting to rip off report
-- but that is beside the point. They do not scare me because I did nothing
wrong. Three people responded to the Rip Off Report post -- still in a very
unprofessional manner -- including one post which implicates me as the person
posting trying to discredit me. Another, very unprofessional tactic that simply
makes them look worse.
As it stands now, I cannot say for 100% sure if
they are legitimate or a scam - but as of today I did not get my refund -- and
their actions are not those I would expect from a reputable/legitimate
company - they have been very childish.
Liz
Liz
Hi Lizmcreations,
Please keep us posted on what transpires with the London Exchange. I was referred to them about a week ago and was seriously considering moving forward until reading you post. I think I will hold off until I get further confirmation that they are legit or a scam. Thanks for sharing.
Hi Lizmcreations,
Please keep us posted on what transpires with the London Exchange. I was referred to them about a week ago and was seriously considering moving forward until reading you post. I think I will hold off until I get further confirmation that they are legit or a scam. Thanks for sharing.
As of today I have not received my refund and I have not received the refund receipt/paperwork that they claimed to have sent to me in the mail.
I filed a dispute with my credit card to get a refund for the fees. I still can`t confirm or deny that they are a scam - but I personally, do not feel that they behaved even remotely professionally with regards to my case.
Here is the posting/information on Rip Off Report:
http://www.ripoffreport.com/reports/0/456/RipOff0456231.htm#427419
Liz
I have been in contact with this london exchange myself , i initially started posting on this board about the SIF funding program, which, turns out its a scam as well, just as i believe the london exchange is, there i believe is maybe 2 men working there, and they switch up names everytime you call, i personally believe they are going to stack up 500 dollar inital payments , close down, run to canada, happens all the time, do not trust this "oh you can just chargeback" protection bit, remember, it takes awhile for that to happen, and its a process, and they know this, think about it, if you had to pay an upfront fee to say bank of america or even a smaller institution, do they ever say "oh just use your card just in case i rip you and you have to charge it back" which is basically what all of these, tradeline, no fico card and no fico funding online scammers are essentially saying, its the old "false sense of security" routine, to the woman that was scammed out of her money, do some reversals on their numbers etc and google this eddie frost character at the london exchange, information comes up and the location of their office, make sure that number actually rings to that office which is a 949 number theres also a 714 number i found as well, which is all there in california, make sure its not just a virtual or mail drop, id get authorities over to that office asap, also call other tenants in the building and ask who leases that building and call their office, verify this eddie frost inc. actually does business there BBB is nothing, all you do is pay to be listed on it, another false sense of security, notice its a new BBB file and they have no report yet
I have been in contact with this london exchange myself , i initially started posting on this board about the SIF funding program, which, turns out its a scam as well, just as i believe the london exchange is, there i believe is maybe 2 men working there, and they switch up names everytime you call, i personally believe they are going to stack up 500 dollar inital payments , close down, run to canada, happens all the time, do not trust this "oh you can just chargeback" protection bit, remember, it takes awhile for that to happen, and its a process, and they know this, think about it, if you had to pay an upfront fee to say bank of america or even a smaller institution, do they ever say "oh just use your card just in case i rip you and you have to charge it back" which is basically what all of these, tradeline, no fico card and no fico funding online scammers are essentially saying, its the old "false sense of security" routine, to the woman that was scammed out of her money, do some reversals on their numbers etc and google this eddie frost character at the london exchange, information comes up and the location of their office, make sure that number actually rings to that office which is a 949 number theres also a 714 number i found as well, which is all there in california, make sure its not just a virtual or mail drop, id get authorities over to that office asap, also call other tenants in the building and ask who leases that building and call their office, verify this eddie frost inc. actually does business there BBB is nothing, all you do is pay to be listed on it, another false sense of security, notice its a new BBB file and they have no report yet
They do have one or possibly two women working with them too. I had the phone answered twice by a woman -- they used two different names but I wasn`t paying enough attention to tell if the voices were the same or even similar (as in the same person trying to sound different).
They probably change the names of the people -- they got a little sloppy when I called -- the person I was supposed to speak with was "Eric" and twice when I called the person who answered didn`t seem to have any idea who "Eric" was -- in fact, one time they said that there is no Eric there -- when I had "supposedly" spoken with Eric the day before...
Then he said he was new so he didn`t remember everyone in the office.
Liz
to LIZ
yeh its always smoke and mirrors and up and down with these guys and to me alot of the times when they use these different names it sounds like the same guys voice, i called yesterday, he said tony i believe, i go, hey, is eddie there, he stalls, goes, uhhh, hold on, leaves for like 5 minutes comes back , oh umm no, he`s not here, ill leave him a message , i go is adam there, he goes, uhh, no, i dont think so, ill leave him a message, they are extremely unprofessional , another thing is too, do they have a D and B file? surely they should have a dun and bradstreet file, if not, why? they are able to get 100k, 250k credit cards but they have no d and b file? makes no sense if they dont, lastly if they are so honest and legit, why havent they refunded you yet? that makes no sense either, is it the 500 up front they owe you?
Ronald Trump
I just got an offer for a card with unlimited cash advance, 90 day interest free (billed once a quarter).
They want $15K upfront can be paid by credit card and $20K on receipt of line.
No credit checks.
Anybody seen these?
.
The problem is, justthat is running around looking at "Craigs" ads which anybody can do, and thats what has gotten so many caught up in the first place...................................
R. Trump
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