The Mustang Advisors debt consolidation scam is back
Thank you Jonathon for sending your mail to expose the Mustang Advisors scam. I haven’t gotten much support from management lately to continue this story, so my only way to find out about the new names is from good citizens like you or scrolling through google and youtube.
It looks like Mustang Advisors worked with an elite digital warfare company called “Ocular” that makes everyone here afraid to print the truth and no one seems to know anything about it. It’s as if they don’t exist.
It pains me to admit that my organization is no better than the others. It is not about what is right. It’s about what makes money. What happened to journalistic integrity? My time at Crixeo might be limited at this point, but they can’t help but print what I want until then.
Is Mustang Advisors a scam? We will let you judge.
Mustang Advisors lure you in by sending you a direct mail with a “personalized reservation code” and a low interest rate of 3.04% to consolidate your high interest credit card debt. You will be directed to MustangAdvisors.com or myMustangAdvisors.com. More than likely, you will not qualify for any of their debt relief loans and they will try to turn you into a more expensive debt settlement product.
Ad Disclosure: We receive referral commissions from advertisers.
This is nothing new. Many unscrupulous debt marketers have used it as a business model for years. They lure you in with the low interest rate, chain you in for a week, then let you know that you don’t qualify for a loan. They then offer you some very expensive debt settlement options.
Is Mustang Advisors legit or a scam?
Crixeo.com assigned 1 star to Mustang Advisors (data collected and updated as of July 19, 2021). We hope the information below will help you make an informed decision on whether to do business with Coral Funding. We hope the information below will help you make an informed decision on whether to do business with Coral Funding.
- Mustang Advisors operates two websites, Mustang Advisors.com and myMustangAdvisors.com.
- Mustang Advisors is one of a collection of almost 50 websites that we have discovered. All of them are affiliated and listed below.
- Our belief is that Mustang Advisors operates many different websites in order to escape the huge amount of complaints and negative articles on the internet.
- We advise you to exercise caution when working with Mustang Advisors. Affiliate websites have multiple negative reviews and scam complaints.
- Mustang Advisors operates under the sovereign protection of the Mandan Nation, Hidatsa and Arikara (a / k / MHA Nation), a Native American tribe.
Mustang Advisors can likely be affiliated with the following websites:
- Hawkeye Associates
- Dale Ready
- Yellowhammer Partners
- Big Apple Associates
- Cornhusker advisers
- Capital of the Bruins
- Badger Advisors
- Rockville Consultants
- Snowbirds Partners
- Gulf Street Advisors
- Brice Capitale
- Partners earlier
- Associates of the Old Dominion
- Harrison Financing
- Johnson Funding
- Taft Financial
- Georgetown funding
- Memphis Associates
- Tate advisers
- Patriot Funding
- Malloy Loans
- Plymouth Associates
- Silvertail Associates
- Safe Path Advisors
- Coral funding
- Neon financing
- Cobalt Advisors
- Saxton Partners
- Hornet Partners
- Associates of the colony
- First state associates
- Polk Partners
- Scale advisers
- Corey Advisors
- Pennon Partners
- Jayhawk Advisors
- Clay Consultants
- Great Lakes Associates
- Pine Consultants
- Alamo partners
- Punching associates
- Partners of the Montagne Blanche
- Steele Advisors
- Grand Canyon Advisors
- Glider loan
- Lucky Marketing
- Golden State Partners
- Pine Consultants
- Derby Advisors
- Graylock Advisors
- Tuck Associates
- Punching associates
- Keel Partners
- Ballast associates
- Loan of tweed
- Loan of competition
- Graphite financing
- August funding
- Broadstar Financial
- Financing Salvation
- Loan of stallions
- Pebblestone Financial
- Sussex funding
- Lafayette financing
- Guardian Angel Funding
- Bridgeline financing
Mustang Advisors Reviews and ratings
Mustang Advisors and its affiliate websites are not accredited by the BBB and have been the subject of numerous complaints and negative press under various names.
MEC Distribution SARL
At one point, Mustang Advisors and its affiliate website operated as MEC Distribution, LLC. The Better Business Bureau launched its first alert on this company in February 2018:
In February 2018, BBB staff visited the Fargo ND addresses provided by MEC Distribution and found that all the locations were vacant and building management explained that although the rent was paid by MEC Distribution, the spaces offices were not in use. MEC Distribution LLC has provided BBB with a mailing address for handling complaints in Bloomfield Township Michigan. BBB mail to this address was returned as “undeliverable as addressed – cannot be forwarded”. BBB does not currently have a physical location for this business.
BBB has confirmed with the North Dakota Department of Financial Institutions that Lafayette Funding is not licensed in North Dakota as a debt settlement firm. In addition, BBB contacted the property management at Lafayette Funding claims in Bismarck, North Dakota, and learned that Lafayette is not located at this address. BBB advises extreme caution when dealing with this entity.
In February 2018, BBB staff visited the Fargo ND addresses provided by MEC Distribution and found that all the locations were vacant and the building management explained that although the rent was paid by MEC Distribution, the spaces offices were not in use. MEC Distribution LLC has provided BBB with a mailing address for handling complaints in Bloomfield Township Michigan. BBB mail to this address was returned as “undeliverable to address – cannot deliver”. BBB does not currently have a physical location for this business.
Mustang Advisors BBB Reviews
You will not find a BBB file on Mustang Advisors because the complaints have not yet started to flow. However, we have reviewed some complaints from its affiliate websites:
Cathy M. – 1 star reviewer
They changed their name to Salvation Fund. After seeing this note, I see why. I don’t know how they got my information but they have to stop.
Terry W. – 1 Star Reviewer
Beware of bait and change mail. The conditions are “extremely different” from those advertised! It’s a waste of time.
My goal is to help others realize it’s a waste of time! Pebblestone Financial’s ad is certainly misleading in my opinion. After my conversation with Fred, his response was, “We can certainly help you… I’ll call you tomorrow morning with the details… prepare a pen and paper to jot down the numbers.” The sender understands in the fine print… This notice is not guaranteed if you do not meet selected criteria.
It also states, “This notice is based on information in your credit report indicating that you meet certain criteria. In my case, I’m not late on any payments, and neither will I. I am up to date on all unpaid debts and my credit history shows it. When Fred called the next morning… his terms were totally ridiculous and in my opinion “predatory loans”. When I ask Fred… are these the terms of the Pebblestone offer, he said yes. I replied, I am not interested in these terms and he immediately hung up the phone with no further conversation.
The reason I responded to Pebblestone Financial’s offer was to consolidate and simplify in one payment and take advantage of the low pre-approved rate averaging 3.67%. While I currently pay 10.9% to 12.9% to credit card companies… this offer was attractive. The sender said in BIG BOLD: You have been pre-approved for a debt consolidation loan with a rate as low as 3.67%. The pre-approved loan amount was actually $ 11,500 more than my total debt consolidation.
In summary… it’s definitely a “Bait and Switch” scheme in my opinion. I checked BBB comments before responding to this offer and did not see any negative comments. Now I see other very similar answers with the same “Bait and Switch” experience. Hopefully this will help others avoid wasting time in finding out about these unethical Pebblestone Financial practices.
The Rent-A-Tribe program
In recent years, hiding behind the protection of a Native American tribe has been made popular by internet payday lenders. In July 2018, Charles Hallinan, “The Godfather of Payday Loans” was sentenced to 14 years in prison for providing payday loans through the Mowachaht / Muchalaht First Nation in British Columbia. In January 2018, Scott Tucker was sentenced to more than 16 years in prison for running an illegal $ 3.5 billion payday loan business while operating under the “sovereign immunity” of the Modoc tribe. Oklahoma and the Santee Sioux tribe of Nebraska.
Why do we focus on Mustang AdvisorsNegative reviews of?
We urge you to do your own research and do your due diligence on any business, especially when it comes to your personal finances. We invite you to pay attention to what you find on the Internet. Compare the good and the bad and make an informed decision. In our experience, where there is smoke… there is fire. But you call.
Mustang advisers’ opinions
Mustang Advisors Review – Advise Caution
Mustang Advisors lure you in by sending you a direct mail with a “personalized reservation code” and a low 3-4% interest rate to consolidate your high interest credit card debt. You will be directed to MustangAdvisors.com or myMustangAdvisors.com. More than likely, you will not qualify for any of their debt relief loans and they will try to turn you into a more expensive debt settlement product. It looks like Mustang Advisors worked with an elite digital warfare company called “Ocular” that makes everyone here afraid to print the truth and no one seems to know anything about it. It’s as if they don’t exist.