Trans Am Financial Services Trams Am Trucking Factoring, transportation, financial services, carrier, broker, Internet, Nationwide

8th of Apr, 2013 by User735860

Trans Am filed a UCC on my company without my knowledge. I did not sign a contract or in anyway sign up to work with them. I was shopping factoring companies and talking with many to find the best possible program. In order to get program information I had to fill out multiple applications, Trans am was one of them. When I finally made my decision it was with another company. That company then told me that I was locked up with Trans Am and would have to call them to get my UCC released. Not only did trans am try and sell me on there programs when I said I was going elsewhere they told me that by signing there application they had a right to file a UCC which stopped me from working with any other company. Instead of releasing it they are threatening to charge me $1000 for them to release it or I can use there company. I talked with another company who said that most companies release it for free or charge less than $100 as it is free for them to file it. This is complete BS as they have no right to do this and charge fees when I never even worked with them. Such a scam, I cannot imagine what would have happened if I actually worked with Trans Am. I am glad I found out what type of people they are before I made that mistake. Trucking companies beware. DO NOT fill out their application unless you want to pay HUGE FEES. I wish I never spoke to this company. Such a SCAM.

Track this Report 1 Comment | Post a Comment

Comments

3774 days ago by Member06

Completely false! As an employee of TransAm, I can assure you that we do not have any sort of binding language in our application and definitely do not waste the resources to file a UCC lien off an application. The application is FREE and is absolutely, 100% non-binding. If you would like, please give us a call at 913-393-6110 and find out the TRUTH, instead of believing a anonymous poster with unfounded claims.