My elderly father got involved with Centara Capital through their Equitykey business and was taken advantage of. Basically what Equitykey does is target elderly people and convince them to sacrifice large portions of their future home appreciation in exchange for a small up front sum amount. Since there are no mortgage payments and no obligation to pay the initial amount back they advertise that their arrangements allow for people to have access to cash "without incurring any debt". But what you get is infinitely worse than any debt due to the lopsided nature of the contract.Their victims cannot discern the riskiness of the arrangements due to their age and complicated structure of the agreements. The worse case scenario is the possibilty of the person being displaced from their home when they cannot come up with enough cash as the amount becomes due years later. Title companies have no idea what to call these and they end up as being named loans with massive balloon payments on the closing documentation,Additionally even though Equitykey balks at these being called loans, they seem to have no problem asking for interest on any amounts due. Avoid anyone associated with this organization. There is literally nothing beneath them if they see an opportunity
I finaced a car through them they put my address in the system wrong so I never received payment address or company information so it made my first payment late by 10 days where they then put my car in the system for Repo there unprofessional, uncaring and rude
A quick decision on my loan and really helpful throughout. Recommended.
I got a super low rate business loan. I will use them again.
Thank you for the good memories you have given us this year. We are looking forward to your next event.
You are the best person I’ve had in my life in more years than I can remember! I am the person I am now only because of all your wisdom, love, and encouragement. I hope you realize how much you really touch me and the people around you!
It is not often that I read such a lengthy newsletter but yours are always full of interesting and inspiring information. I hate to miss any point of interest. It is reassuring that you are always there for us as a friend and advisor.
After I retired, I moved from LA to San Diego to be close to my daughters and spend a whole bunch of time with my grandchildren. Since I do not have anything to worry about aside from myself and my wife Anne, I usually spend a lot of my retirement benefits buying anything for my daughters and their kids even though I know they are capable of buying it themselves. However, I experienced some financial difficulty when my wife Anne had to undergo surgery. Had to exert a lot of effort looking for money.. When everything was alright, my daughters introduced me to Reyes Financial Architecture since they do not want me to just throw away my hard earned money. And so we did invest & fortunately, the decision is probably one of the best that I had made in my life. I have truly made a sufficient and decent monthly returns on top of my pension. Now Anne & I do not have to worry and will just enjoy the remaining days of our lives going to places we have always dreamed of. God bless and may all retirees be able to live their lives to the fullest after years of hard work!