;endent agencies and regulatory groups begin investigating on it. thye aim of the search was to get the faslse details about the operations of this company. But, they didn’t found any strong proof for back claiming of wrondoings,while some pointed out the difference.
As per the main result of studies, the misunderstandings may caused by the use of critical financial terms of the company. as the terms and conditions of the funding deals were confusing for the clients. Then the comapnby worked with government to make things clear and modify the methods. This brought the trust of their client back.
Positive and Negative Reviews of the Clients
Let’s see what are the reviews of other clients:
1 Positive reviews: Many clients have praised Kennedy for the faster closing deals. It helped many real estate investors to complete their work on time. Such as a real estate developer in New York shared their personal experience with the Kennedy Funding, that their loan was approved within a week, which eventually helped them to complete their projects on time.
2. Negative reviews: Some clients have also alleged that the funding does not provide the complete information at the time of loan agreement. Such as a small business owner in Texas reported that the company is hiding very additional costs which eventually felt misleading or misinformation.
Company’s Response On Kennedy Funding Ripoff Report
In response to the allegations and claims, Kennedy issued a public statement stating that the allegations were allegedly for misinformation and the company committed to be transparent and with maximizing the customer satisfaction. They also claim that complaints made by the clients are not even fully understanding with respect to their agreements. Additionally, they resolved some of the cases such as the fraud allegations by the investors in 2018 were settled out of court, the breach of contract by a real estate developer in 2019 was dismissed and unfair lending practices claimed by the small scale business in 2020 were still ongoing.
Conclusion
In this article we analyzed about Kennedy Funding Ripoff Report and how a big company who has been in the market for over 30 years is still fighting legal battles by their clients. Some clients have positively reviewed the company while some criticized the company for the hidden fees and poor customer service but we should also keep in mind that they have helped many small scale businesses to grow.
FAQs
Ans. Kennedy funding is in the market for over 3 decades which make them a trustable company
Ans. The alternatives include traditional banks, credit unions and other online lenders.
Ans. The Kennedy funding grants a loan which has a minimum interest rate of 6% p.a.
Ans. They particularly accept Real estate as the collateral.
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