Customer ReviewsforVelocity Investments, LLC
16 Customer Reviews
- Date
- Highest Rating
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Review from Natalie e
1 star09/11/2024
I want to say I am not liable for this debt as I do not have a contract with VELOCITY INVESTMENTS LLC. I was never informed of the change in hands. I went through some health issues and the meds I was on made me forget things. I am now being sued for this. I have payment arrangement set up thanks to a mediation, but this is causing stress bc of how this went about. Some leniency would be helpful but doubt that will help.Review from Benjamin W
1 star08/16/2024
I am apparently being sued by this company. A default judgement was entered against me. I was never even served for the court hearing. They have my information listed on the court docket as just my name. No date of birth, no race and they listed my address at the law firms address. Pure negligence on their part on and on the part of my local court. If the judge wouldve simply reviewed the information that was filed, the case would have been thrown out. I do not believe I owe these people a dime in the first place. I have saved all of this documentation and am prepared to counter **** The attorneys I have been speaking with are leaning towards a class action suit so hopefully anyone who has been wronged by this company will get what is owed to them.Review from Gloria R
1 star07/30/2024
Worst place to EVER go through. They are currently suing me over $2,000!!!! What in the actual hell! Ive never in my life came across such a ***** creditor! With how the economy is they dont give you a chance to catch a **** break. Im currently enrolled in a debt relief program and they have this creditor in negotiation and all of the sudden Im being sued???? Why?? Youre in negotiation. I can guarantee you nothing but brainless birds work for this company. I cant even express my full frustration to this idiotic company. They need to be shut down, ASAP. I hope something bad happens to them and they go bankrupt or they lose all their money so they know exactly what we feel like. I would say exactly how I feel but its not appropriate at all, but with that being said. SHUT DOWN VELOCITY INVESTMENTS!!!!!!!!!!!!Review from Lynn R
1 star07/17/2024
Mostly debt collection BUT instead of sending you an invoice or debt validity like most companies they immediately send it to court for a process server to summons and garnish you. Beware they do NOT give you a chance to make payments or verify the debt is even yours until summoned, Straight to court you go. Very Crooked lawyers, debt collectors.Review from Mariano D
1 star07/12/2024
************** This group is a SCAM AND SHOULD BE DiSBANDED AS WELL AS HELD ACCOUNTABLE IN A CLASS ACTION SUIT. In one of the previous reviews about them leaving complaint copy from the court filing on the door and not in any records or credit file - and in my case, mailed a copy of asking a court for a 120 day extension to cure - when the bill, which was not identified or listed is fraudulent and filed in *****, *******. So, everyone should be aware of these scam artists and continue to report their activity to the BBB and proper authorities for harassment.Review from Shannon L
1 star04/05/2024
They filed a Notice to Cure against my husband and I in March 2024 on a personal unsecured loan with ************* over 8 years ago and received no notification of this company taking over financial obligation. We filed an answer to their Notice and now we have to appear before a magistrate judge to settle. They have many inconsistencies in their paperwork that will be spelled out in a Motion to Dismiss to be filed with Court. I also have put this matter in my attorneys hands.Review from Cassandra F
1 star03/28/2024
I found out about velocity investments on 02/20/2024 and there was a summons taped to my door. I read the summons, went straight to my files, credit reports, and bank statements for the amount they had listed. Did not find anything with Velocity investments or ************ listed. I then filed an answer with them and the court dated 02/24/2024. I googled Velocity Investments and found out that they buy old debt so I requested that they verify the debt asking for account information showing where funds had been deposited, asking for a signature or copy of my ID/DL proving this was my debt that they had bought. They sent me a stack of documents, but failed to provide me with proof this debt was/is mine. If this was my account why do they not have ANY account or routing numbers? A copy of anything verifying my identity? NOTHING verifying my identity. While waiting for verification i received more paperwork requesting I provide info i had requested from them. One would think if they deposited money into my accounts they would have this information and could have given it to me when i requested it, if it were actually my debt. They bought this debt back in December of 2022. They had 5 days LEGALLY within purchase to notify me. Until 14 MONTHS later on 02/20/2024 i had no knowledge of the original account or that they had bought it. If they thought this debt was actually mine, why wait 14 months to contact me? why not call my number or write me a letter within that 5 day timeframe required by law? At this point I am filing the answers to their questions with the court and then I will be contacting an attorney. I feel like they just decided i was the right ***************************** and me actually owing or not is unimportant to them. Clearly following the law and contacting me within the 5 days is unimportant to them.I do NOT have a legal obligation to Velocity Investments or ************** They have failed to show me any proof at all this debt is, was or ever has been mine.Review from Kristen E
1 star02/26/2024
Velocity Investments sent letters to an old address about a debt that I do not owe them I have never heard of this company. They sued me but the paperwork was sent to an old address. I never even got a chance to respond so now they have levied my bank accounts.Review from Loretta H
1 star01/24/2024
I have received letters from multiple law firms regarding being sued. Needless to say I thought this had to be a mistake but since I received another letter from a firm wanting to help me and that it was velocity investments, LLC that is suing me. I immediately went to my credit report. Nothing showing on credit report or anywhere that shows me what this would be about. I have never even heard or seen anything about velocity investments before this. I had to look them up online. I need information because this is crazy being sued and clueless on why. I have tried multiple times contacting this place regarding the problem at hand with no response at all. Nothing received from velocity even saying they are suing me. Only way I know this is from a law firm wanting to help and they put in letter who was suing me.Review from Parvini R
1 star01/03/2024
Velocity Investments, LLC and ***************, are despicable in the way they handle debt collecting. They have harrassed family members, verbally abused me when I told them I was unemployed and didn't have the money. At the time when covid was at its height and I was trying to get unemployment benefits. They froze my back account, which only had the unemployment money. And took all the $110].00 dollars i had . I was already behind on bills. I couldn't get any money from unemployment any more since I don't have a bank account. They called and threatened me to have arrested for not answering the notices from. The court, when I told them I was living in my car they. Sent people to tow the car. Velocity and *************** in ***** threatened to my parents with bodily harm, if they didn't tell them were I was . The people the sent to my parents house ,.slapped my dad and told them they would find me and kill me if I didn't go to court and pay My parents address is the only one I had until Velocity ruined my life. Now my car is repossessed I don't own anything, no property, no family but they still keep filling lawsuits. I am living in the streets and using a library computer to write this.
Customer Review Rating
Average of 16 Customer Reviews
Contact Information
1800 State Route 34 Ste 305
Wall Township, NJ 07719-9168
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