Megaworld scam strategy
When you do bank loan for the balance, megaworld will do everything for you not to be approve or they will make you end up to their in house financing with a very high interest rate. So while you are wondering why your application for bank cant get approved, or a lot of problem will arise like problem with the documents, time is running and penalty incurs all in their advantage and you get pressured because of the penalty.
And once you avail their in house financing and you can’t afford to pay anymore, voila... the unit that you worked hard for will go back to them.
So smart right?
No wonder why they become billionaire so fast. Scamming the poor.
Location: Makati, National Capital Region
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Please avoid publishing any personal information and promotional content
I also failed to get bank financing loan and their strategy is really good since they offered me in house financing for the first 2.5 years so only after spending almost a million, I'd found out I couldn't get bank financing loan for the remaining balance. The agent also promised me that I didn't need to worry about the loan since it would surely be approved & he'd be the one who would assist me on that.
All lies. Anyway, I learned about the Maceda law but I realized it's useless since I still need to file a case at hlurb.
Maybe we can file together with the other complainants. Please post/comment/send message to FB Page Megaworld Client Complaints so I can get your fb name & create groupchat for us who need to get refund.
Kasama ako i wamt to file complaint too
Don't trust megaworld. Very dishonest company in my experience
You never told us what you bought or how much it cost. That is one useless post.
It does not matter what the property is or the value, as Megaworld policies are applied to all of their projects and their sister companies. And that is a no refund policy.