Consumer complaint received 2020-05-25
Company: EMCC Holdings, LLC
State: GA
Product: Credit reporting, credit repair services, or other personal consumer reports
Sub-product: Other personal consumer report
Issue: Incorrect information on your report
Sub-issue: Information belongs to someone else

Complaint:
Their Presentation are SCAMS.I paid the monthly payment of {$120.00} from XXXX until XXXX, and the maintenance fee of {$850.00}, with a {$600.00} " required '' down payment ''. Seller would not allow us to utilize or book any stays or vacations even though there was no arrears and all my payments were made. When we asked them why, we got the runaround. Basically we paid for a service they refused to let us use.There was a secret clause " number 12 '' of the Buyers Acknowledgement and Understanding.It basically stated that : they can say WHATEVER they want to get you sold, and if you sign ( or initial ) next to the section of the " contract '' you agree that whatever the salesman tells you ( even if it sounds believable ) doesn't necessarily have to deliver. 
example : 1. paid flight with " free '' bonus vacation : They lied 2. They stated that after 3 monthly payments, we get to take advantage of the bonus trips : LIES!!

3. Maintenance fees ( $ 800+ lump sum ) that would be due months down the line : LIES!! ( 45 days immediately after u sign they over drafted my bank account ) 4. bonus trips are NOT FREE, NO MATTER what they say ( remember clause # 12 )  Also, the GRAY card option is also a SCAM! There were multiple plans/tiers for purchasing : The minimum plan is 1 vacation every 3 years ( Triennial ) for {$6000.00} principle.

They didn't say or state at the table that the maintenance fees are FOREVER. 
The family or legacy can only inherit this " property '' for only 40 years! 
They also report this to the credit bureaus like a signature loan ( This was not told to us until after the 5 day cancellation period ) I told them I was ln the process of getting a home and didn't want any dings on my credit, therefore I didn't supply them my social security number. But they was still able to list this on both of our XXXX  credit reports. My wife was currently in an active bankruptcy and they put this on her credit. Now it looks bad to the Georgia Bankruptcy court because the trustee of the court has to sign off on a purchase like this. My wife was there for the presentation, not to be put in legal jeopardy.They go by MANY names : Equiant, XXXX, XXXX XXXX, XXXX, XXXX, XXXX, but no one is on the same page for " benefits '' minimum down payment is : {$600.00} APR is 22 % no matter the credit worthiness The loan officer/ sales agent/ AND Broker is the Notary Public ( a clear conflict of interest ) was The same person! 
They share your PERSONAL information with others for marketing purposes unless you MAIL them certified telling them not to.

They have plants outside ( people pretending to be members ) bragging about how good everything is, and trying to get you to join by offering you drinks, free shows in town, etc ... We lost money and are confused! there was no communication and all I remember is the slick, lying salesman rushing us to sign and not really allowing us to read. But, He can say or sell you on anything, " oral representation '', and if you sign, they don't have to honor anything that isn't already printed in the final contract before you arrive to the signing table.The misrepresented EVERYTHING ; this was detrimental and I was not able to go through with the house purchase.. 
Had I known half of what I learned, I wouldn't even had sat down for the " presentation ''.

Company response to consumer: Closed with explanation