Cheddar CapitalReviews of cheddarcap.com

Caution Advised: My dealings with Dan have been far from positive. At first, he seemed reliable and quickly arranged a 130K CAN loan for me. But soon after, he dangled a seemingly better deal with OnDeck, alleging a second-year interest-free benefit. Acting on his recommendation, I canceled the CAN agreement to take the OnDeck for a full Recind of CAN, only to be hit with an unforeseen $8500 processing fee. To make matters worse, the proclaimed zero-interest period with OnDeck was a mirage. Dan's intent seems to have been to triple stack me Idea, CAN, and OnDeck, aiming for massive commissions — a move both CAN and OnDeck forbid as they seek to retain their prime first position. In summary, I was deceived into a $50K loss due to Dan's misleading information, presumably to increase his earnings. Even after these discrepancies, he audaciously proposed a refinance after a year, disguising it as an interest waiver. However, rolling over a loan is not the same as waiving its interest. Think twice if you're considering working with him. I love their positive reply - there are no regulations on brokers, and they can Lie/Steal/Mislead without repercussions - this person socked us for $100K in interest and $10K in fees while I was out of the country.

Slow or no reply at all. If you have all the time maybe you can use them. If you need a faster service, better start looking with another lender.

Cheddars capital approves my loan after 11 days, then they go silent, after approval. Cannot get a hold of them , for a 250k loan they approved. No response, no words, no instructions, Wrote letters to ADA. & local communities to stay away from crooks like cheddar capital, I just don’t understand their motive behind all this, What do they gain , Been in practice for 30 years, see crooks popping at every corner now. Stay away from cheddar capital as crooked as they are, they should be out of business, so Biz community can rest easily knowing that people like cheddar are exposed Be careful, ADA HAS BEEN notified. Mr cheddar is an unusually disturbing individual.

nothing positive

Incessant spammers.

Submitted all paperwork requested by underwriting, and left in limbo for weeks without a decision. Response time to follow up questions was poor when I asked questions on status of application. After several weeks was told from sales rep that I need to reapply on the 15th. Lol. No thanks.

I had an absolute horrible experience with Cheddar Capital! They did not take me seriously and after 2 1/2 weeks of trying to work with them I ended up using someone else. When I first filled out application I was told I probably wouldn't be approved! In the end my application was never really processed and never got any answers in return.

These are compulsive spammers. Why would you trust them?