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Business Profile

Collections Agencies

Velocity Investments, LLC

Reviews

Customer Review Ratings

1/5 stars

Average of 18 Customer Reviews

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Review Details

  • Review fromScott R

    Date: 07/15/2025

    1 star
    Velocity Investments is an absolute disgrace to the debt collection industry. I have tried to contact them 8 times (all documented) and not once have they returned my call. All of a sudden, I have a sheriff show up with a summons on a debt that was owed, and their attorney had the court enter a judgment against me. Not only was Velocity impossible to get a hold of, their attorney ******, *********************** were just as bad. Tried to send them emails, left voicemails, etc and not once did I hear from them. Now the attorney has filed a lien against me. Bad business all around and they should be shut down by the BBB
  • Review fromMichael A

    Date: 02/24/2025

    1 star
    I never received anything from Velocity Investments but all the sudden had a sheriff knock on my door while I was away on business of a few weeks. This was a debt that my ex-wife ran up back in 2020 with her Doctor boyfriend!!! I never even knew about this and NOW I'm being sued!! and I have left messages to them with NO call back. The next step is contacting the ************************* in *******.
  • Review fromLee W

    Date: 12/28/2024

    1 star
    This company buys up old debts and IMMEDIATELY sues without ever contacting the customer. The business practices of this company need to be looked into. I'd give 0 stars if I could. This company should be shut down!
  • Review fromSteven B

    Date: 11/18/2024

    1 star
    I had the misfortune of dealing with Velocity Investments with their acquisition of CKS Prime Investments. To say the experience was nothing short of a disaster and embarrassing for Velocity would be an understatement. The reason I review Velocity is their ownership of and handling of compliance and correspondence for CKS Prime Investments as noted on their website. As part of my agreement to pay an account they were collecting on, I entered into an agreement with their subcontractor (January ************ as apparently it wasn't large of a debt to sue) for them to delete the account in exchange for ceasing ***orting on it. I've got this in writing and the obligation was handled on my end. When the account was not removed from my credit ***ort, I contacted January ************ who says talk to ***... *** does not take calls and their email address noted at Velocity goes unanswered. I just filed with the BBB and they agreed to remove it after many useless run around calls. 60+ days later the item has not been removed as was noted in their response. I contact Velocity again and was quickly forward to ********* ****** (I believe Collections Manager?) and never heard back on two calls and two emails over two weeks. As it is abundantly clear, Velocity drops you like a hot potato after you pay without honoring obligations they or their agent of record agreed to. Unfortunately, but not surprising, this runs contrary to their proposed 'Code of Ethics' on their website and bold speak about compliances they hold. The collection did drop off, but good grief if you have to deal with Velocity... I wish you luck. They are shady, blame shift and deny responsibility in similar fashion to a toddler with their hand literally caught in the cookie jar. Best part, you can't even get the freaking manager to ***ly or answer a phone after a *** indicates that is who to talk to and there isn't a way in heck you will get a call back. Velocity, you are a disgrace to the collection industry.
  • Review fromNatalie e

    Date: 09/11/2024

    1 star
    I want to say I am not liable for this debt as I do not have a contract with VELOCITY INVESTMENTS LLC. I was never informed of the change in hands. I went through some health issues and the meds I was on made me forget things. I am now being sued for this. I have payment arrangement set up thanks to a mediation, but this is causing stress bc of how this went about. Some leniency would be helpful but doubt that will help.
  • Review fromBenjamin W

    Date: 08/16/2024

    1 star
    I am apparently being sued by this company. A default judgement was entered against me. I was never even served for the court hearing. They have my information listed on the court docket as just my name. No date of birth, no race and they listed my address at the law firms address. Pure negligence on their part on and on the part of my local court. If the judge wouldve simply reviewed the information that was filed, the case would have been thrown out. I do not believe I owe these people a dime in the first place. I have saved all of this documentation and am prepared to counter **** The attorneys I have been speaking with are leaning towards a class action suit so hopefully anyone who has been wronged by this company will get what is owed to them.
  • Review fromGloria R

    Date: 07/30/2024

    1 star
    Worst place to EVER go through. They are currently suing me over $2,000!!!! What in the actual hell! Ive never in my life came across such a ***** creditor! With how the economy is they dont give you a chance to catch a **** break. Im currently enrolled in a debt relief program and they have this creditor in negotiation and all of the sudden Im being sued???? Why?? Youre in negotiation. I can guarantee you nothing but brainless birds work for this company. I cant even express my full frustration to this idiotic company. They need to be shut down, ASAP. I hope something bad happens to them and they go bankrupt or they lose all their money so they know exactly what we feel like. I would say exactly how I feel but its not appropriate at all, but with that being said. SHUT DOWN VELOCITY INVESTMENTS!!!!!!!!!!!!
  • Review fromLynn R

    Date: 07/17/2024

    1 star
    Mostly debt collection BUT instead of sending you an invoice or debt validity like most companies they immediately send it to court for a process server to summons and garnish you. Beware they do NOT give you a chance to make payments or verify the debt is even yours until summoned, Straight to court you go. Very Crooked lawyers, debt collectors.
  • Review fromMariano D

    Date: 07/12/2024

    1 star
    ************** This group is a SCAM AND SHOULD BE DiSBANDED AS WELL AS HELD ACCOUNTABLE IN A CLASS ACTION SUIT. In one of the previous reviews about them leaving complaint copy from the court filing on the door and not in any records or credit file - and in my case, mailed a copy of asking a court for a 120 day extension to cure - when the bill, which was not identified or listed is fraudulent and filed in *****, *******. So, everyone should be aware of these scam artists and continue to report their activity to the BBB and proper authorities for harassment.
  • Review fromShannon L

    Date: 04/05/2024

    1 star
    They filed a Notice to Cure against my husband and I in March 2024 on a personal unsecured loan with ************* over 8 years ago and received no notification of this company taking over financial obligation. We filed an answer to their Notice and now we have to appear before a magistrate judge to settle. They have many inconsistencies in their paperwork that will be spelled out in a Motion to Dismiss to be filed with Court. I also have put this matter in my attorneys hands.

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