Tradebloc Inc
The company is located in Dallas, TX, and has been in business since 2018. Tradebloc offers its customers a widespread list of credit and debt management choices.
Tradebloc Inc. is a debt relief services company that might have the solution to getting you out of your timeshare. Our company has written a detailed review. In this article, you will find out if Tradebloc Inc. is the right choice. Let’s get started.
Is Tradebloc INC Legit?
Is Tradebloc legal? Well, The company offers debt management and credit services. And there’s no clear sign that it’s a scam, its recent start makes it hard to fully judge its long-term reliability.
Tradebloc has mixed reviews online. It holds a 3.93-star rating on BBB and 4.9 stars on Facebook. Some customers have had positive experiences, but others have raised concerns. This leaves its overall reputation somewhat divided.
Tradebloc timeshare exit has now developed several businesses with its innovation to put forth multiple services. But will Tradebloc do as they say they will or are they just another scam?
Tradebloc inc Services
The Tradebloc Inc. website provides brief, helpful details about its services, making it simple for potential customers to understand. The ‘About Page’ is an excellent place to start and learn more about the company.
Tradebloc notes here that their services incorporate credit checking, credit and fraud security, debt settlement, and contract cancellation.
To work with Tradebloc Inc., start a Live Chat or fill out the form on the right for a free consultation.
Our team can help you determine if they’re the right exit company for you. We can also help you compare your options tailored to your current situation.
To learn more, you can either start a Live Chat or fill out the form. This will help you determine if Tradebloc is the right choice for you.
Tradebloc inc Cost and FEES
Unfortunately, our team did not find any information on Tradebloc’s cost or fees. One past review mentioned you’ll pay right in the neighborhood of $5,000 for your timeshare cancellation. But this will probably change depending on your circumstances.
Anyway, it’s relatively common for a timeshare exit company not to provide details of their fees online. This is because each situation is different. Therefore, each cost will vary as well.
Typically, we base prices on the complexity of the case. What’s more, whoever you work with should not charge up-front fees.
We generally suggest working with somebody who offers an escrow payment option when canceling your timeshare. You won’t pay the person helping you until you are free from your timeshare.
Tradebloc Cancellation Policy
Overall, the Tradebloc site is an all-around planned, supportive device for interfacing with this company. Unfortunately, we did not find any mention of Escrow or a 100% Money-Back Guarantee. We did find this a red flag since we never recommend paying anyone up-front fees.
The processing time to cancel your timeshare contract is typically around 6-18 months. It can take longer depending on a couple of details, for instance, your timeshare developer. Tradebloc does not have an escrow option. If you pay them in full and up-front, what makes you think they will still have that sense of urgency to cancel your timeshare 18 months from now?
Many scams exist in the timeshare exit industry, and numerous timeshare owners have fallen victim to one. For that reason, we encourage getting everything in writing. Protect yourself from all angles and never fall for any verbal promises.
Tradebloc inc Lawsuits
Lawsuits can severely damage a company’s reputation, especially in industries where trust is key, like timeshare exit services.
Tradebloc’s involvement in legal disputes has raised concerns about its credibility and reliability among potential clients. A notable lawsuit, case number 24-CV-2268, involves Tradebloc Inc. as the plaintiff against Dynasty Capital 26, LLC, and others.
In this case, the court ordered both parties to submit a joint letter and case management plan by May 8, 2024, which they failed to do. Additionally, two defendants, Unlimited Capital, LLC, and Vladimir Kaminsky, have yet to appear in court.
As a result, the scheduled pretrial conference was adjourned indefinitely. Tradebloc must provide the court with an update by May 24, 2024, including the status of communications with the remaining defendants and its plans to either pursue a default judgment or dismiss the case.
Failure to take action may lead to the case being dismissed for lack of prosecution. This lawsuit, along with others, casts a shadow on Tradebloc’s transparency and trustworthiness, making it difficult for consumers to feel confident in the company’s services.
Tradebloc inc Reviews
Tradebloc has raised several red flags that make it difficult to trust their services. One major issue is that the company does not offer escrow, which is a key safeguard in the timeshare exit industry.
Without escrow, clients are forced to pay upfront with no guarantee that Tradebloc will deliver the promised results. This lack of protection, combined with numerous complaints across online platforms, paints a troubling picture.
Clients have reported long delays, broken promises, and poor communication. Some even claim to have paid additional fees, only to receive questionable “recital letters” that hold no legal authority.
Despite promises of refunds, many customers are left waiting, with little to no response from the company. These issues make it hard to trust Tradebloc with such a significant financial decision.
Tradebloc inc BBB
The BBB Tradebloc rating is an “A+.” The Tradebloc BBB reviews are generally positive. They have a 3.93/5.0-star rating. And have a total of 193Tradebloc reviews.
We were hoping they would provide key information concerning how Tradebloc works. Unfortunately, the reviews were nothing more than discussions on investments with Tradebloc Capital.
Tradebloc Facebook Review
We also looked at a couple of reviews on the Tradebloc Facebook page. They have a 4.9/5.0-star rating out of 51 reviews with 96% of customers recommended.
The company does actively engage on its Facebook timeline. They’re consistently providing data connected with protecting against fraud. It looks like they do try to find support for financial and credit issues. All this demonstrates they are reliable in effectively assisting their customers with their debt.
Tradebloc Google Review
On Google, they have a 2.5/5.0-star rating out of 26 Tradebloc Inc. reviews. This was rather disappointing to see from a company that holds itself so highly.
Several complaints exist on their Google profile, possibly the platform with the most eyes. Seems a bit careless on their side. Unfortunately, we can’t say that the company demonstrates a strong reputation in the cancelation industry.
Tradebloc Complaints
Tradebloc has faced numerous complaints across various online platforms, raising concerns about its reliability.
Customers have reported broken promises, poor communication, and unmet guarantees. One common issue is the company’s failure to complete a timeshare exit within the promised 18 months.
Some clients even extended the timeline to 24 months, yet still saw no results. Others complained about being charged extra fees without any resolution and receiving letters that lacked legal authority.
Many clients who requested refunds experienced long delays and excuses instead of timely solutions.
These ongoing complaints make it hard to trust Tradebloc’s services, especially in an industry where trust is essential. The lack of transparency and follow-through has left many customers frustrated, questioning the company’s ability to deliver on its promises.
Tradebloc Pros Vs Cons
Pros:
- Offers help with debt management and credit repair.
- Provides a range of financial services, including timeshare exit assistance.
Cons:
- Tradebloc does not offer escrow.
- Many customers have reported issues with communication.
- Tradebloc has been involved in lawsuits.
- Some customers received recital letters lacking legal authority, creating doubts about the company’s legitimacy.
How to Choose the Best Timeshare Exit Company?
With regards to choosing a timeshare exit company that can best assist you, there are a few things you need to consider.
Do they offer an escrow payment option? Or do they just try to charge up-front fees? Organizations may offer a 100% Money-Back Guarantee.
Unfortunately, our team has seen that this method doesn’t always protect you throughout the cancellation process. That’s because the guarantee still requires you to pay the exit company in full and up-front.
Companies that work with attorneys sometimes may try and charge hefty up-front fees in addition to legal fees. Who can you trust? Look at the information companies provide that mentions what makes them successful regarding canceling your timeshare.
We only recommend legitimate timeshare exit companies that offer a no up-front fee escrow payment option. In addition, they must work with attorneys to cancel your timeshare contract. Our team has seen that the #1 leading cause of timeshare exit scams is when timeshare owners are duped into paying thousands up-front. To learn more about timeshare exit scams and how to avoid them, click here.
Look for a timeshare exit company that talks to lawyers and has a secure escrow payment option. We ideally want our clients to pay no up-front fees because we understand timeshares are a financial burden. And paying to get out can seem like another burden as well.
If Tradebloc filed for bankruptcy, a 100% Money-Back Guarantee would be ineffective. For an extra layer of protection, try a company that offers escrow.
faq's
- What services does Tradebloc Inc. offer?
Tradebloc Inc. provides a range of financial services, including debt management, credit repair, fraud protection, and timeshare exit assistance. - Is Tradebloc a legitimate company for timeshare exit?
Tradebloc is a legitimate debt relief company, but it has mixed reviews regarding its timeshare exit services. - How much does Tradebloc charge for timeshare cancellation?
Tradebloc does not publicly disclose their fees for timeshare cancellation. One review mentioned a cost of around $5,000, but this may vary based on individual circumstances. - Does Tradebloc offer an escrow option for timeshare exit services?
No, Tradebloc does not offer an escrow payment option. - What are the major complaints against Tradebloc Inc.?
Common complaints against Tradebloc include long delays in timeshare cancellation, poor communication, and failure to meet promised outcomes.
Final Thoughts
Tradebloc does seem like a legitimate company. The company does seem to have a fair reputation online. However, their online ratings did tend to seem on the lower side. If you are looking to cancel your timeshare contract, contact us to see if Tradebloc can be the right choice for you.
Unfortunately, our team cannot recommend them. They do not provide details about an escrow payment option or a 100% Money-Back Guarantee. We concluded that this means they charge up-front fees. Paying an exit company up-front has been the #1 leading cause of a timeshare exit scam.
Read over our website, fill out the form on the right, or contact us through Live Chat for a free personalized consultation.
We suggest using reliable timeshare exit companies with an escrow payment option. You won’t have to pay any fees upfront until your timeshare is canceled.
Beware of these lying scam artists !!!!!
Tradebloc travels from city to city with their front man William Wells who will lay upon you a long winded tale of how he and his band of thieves have nothing but your best interest at heart ,all lies. They will regale you with the promise of “corporate attorneys” working on your behalf to get you out of the timeshare you stupidly purchased, if you fall for their line of bull you’re throwing good money after bad. They will promise you the world and deliver nothing. Avoid them at all costs.
3 years later and Tradebloc still hasn't performed as promised.
In February 2021 we contracted with Tradebloc to exit 2 timeshares that were fully paid for. We simply didn’t use them and we were tired of annual maintenance fees and RCI hassles. We paid several thousand to Tradebloc up front with a 100% Satisfaction Guarantee. One year later, after numerous call and emails, we were told both Timeshare companies had agreed to the exit and we owed $2,400 in “exit fees” to the resorts. Tradebloc sent us signed Lifetime Closure Recitals as “proof”. Of course, Tradebloc said to send them the settlement money! Now it is 2024 and we are still receiving letters, collections calls, threats, etc. and both Timeshare companies say they never agreed to any settlement with Tradebloc.
Beware of these lying scam artists !!!!!
Tradebloc travels from city to city with their front man William Wells who will lay upon you a long winded tale of how he and his band of thieves have nothing but your best interest at heart ,all lies. They will regale you with the promise of “corporate attorneys” working on your behalf to get you out of the timeshare you stupidly purchased, if you fall for their line of bull you’re throwing good money after bad. They will promise you the world and deliver nothing. Avoid them at all costs.
3 years later and Tradebloc still hasn't performed as promised.
In February 2021 we contracted with Tradebloc to exit 2 timeshares that were fully paid for. We simply didn’t use them and we were tired of annual maintenance fees and RCI hassles. We paid several thousand to Tradebloc up front with a 100% Satisfaction Guarantee. One year later, after numerous call and emails, we were told both Timeshare companies had agreed to the exit and we owed $2,400 in “exit fees” to the resorts. Tradebloc sent us signed Lifetime Closure Recitals as “proof”. Of course, Tradebloc said to send them the settlement money! Now it is 2024 and we are still receiving letters, collections calls, threats, etc. and both Timeshare companies say they never agreed to any settlement with Tradebloc.
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