Complaint / review / scam report
MCAP Service Corporation
No Integrity

Borrowing from MCAP will cost you dearly in the long run. Their overall service is appalling. You never receive their best rate, even after 8 years. They duck and dive and use every trick in the book. MCAP only offered me a lower rate once I had signed a commitment with a new lender. They even tried to convince me to walk away from that new binding commitment and the commission and legal fees already incurred. However, I did change to an honest, reputable lender. Then MCAP set the closing date for a Friday, refused to receive their payment by wire transfer, demanding a cheque by courier instead, and deducted an additional $263 in interest for 4 days while the cheque was being couriered. A whopping $263!! Nasty little trick to squeeze more out of the client. Their unprofessional 'up-yours' manner when I complained will anger me for years to come. So glad to be shot of them.
Author: Contact with Author

Offender: MCAP Service Corporation

Country: Canada   Province: Ontario   City: Kitchener

Category: Business & Finance

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