Quick Answer: Financial Skyline appears to be a debt company using mysterious loan mailers that don’t identify the sender on the envelope, then likely steers unqualified applicants toward debt settlement services. The company operates from a virtual office address in Costa Mesa, CA, and its director Henrique Silva has previous connections to a student loan assistance company that faced regulatory action in Maryland.
A reader just sent me a mailer they received from a company called Financial Skyline.
On face value, it is just another offer for a loan. These offers seem clear but the debt settlement or debt relief space has been sending out similar mailers and then the majority of people are not “qualified” to get the loan and then sold a debt settlement solution.
The outside of the mailer is mysterious.
Every weekday I read the enforcement actions, filings and fine print the outlets skip, and turn them into the one or two moves that actually improve your position — a rate worth moving for, a fee you can refuse, a deadline to beat before it costs you.
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It is interesting the outside of the front and back of the envelope does not mention the company it is coming from. When you open the mailer it is clear it is from Financial Skyline. Who does not appear to say where they are located. They do say the website is FinancialSkyline.com.
On their website, they say they are located at 600 Anton Blvd Suite 1100, Costa Mesa, CA 92626. That appears to be a Regus virtual office address.
The State of California does have a registered corporation in good standing named Financial Skyline at the same address above in Costa Mesa. The sole director of the corporation is listed as Henrique Silva. – Source
A quick search found a California student loan assistance company in the news in Maryland that involved an Henrique Silva as well. The article says, “The state is requiring Huntington Beach, Ca.,-based Student Loan Counsel to pay damages to Maryland residents who never received services or refunds. According to the order, Student Loan Counsel offered lower monthly payments or debt forgiveness on student loans, charging an advance fee of $599 and $39 per month for the term of the loan, but failed to deliver services. The business also lacks a required credit services business license, the AG’s office said.” – Source, Source
The Federal Trade Commission also lists an Henrique Silva (AKA Rick Silva) as the subject of state action. – Source
That information is not really here or there. It is just either enlightening or a very interesting coincidence worth asking about or checking into if you are thinking about doing business with Financial Skyline.
In fact, here are some free guides to use to check into any company.
- The Ultimate Consumer Guide to Checking Out a Debt Relief Company Before You Sign On the Line
- 10 Must Do Steps to Find the Best Credit Counseling or Debt Settlement Company for You
- How to Check Out a Business or Company to Avoid Getting Scammed or Ripped Off
The inside of the mailer reads like personal loan offer and feels targeted towards someone drowning in debt.
The back of the mailer letter says Financial Skyline is not a lender or loan broker. They do say “loans are offered by Financial Skyline affiliates, Kuber Financial, LLC dba Mobilend is an affiliate of Financial Skyline.”
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So What?
A casual observer may just come to the innocent conclusion this is just a non-lender and not a loan broker making a loan offer or something like that. And maybe this won’t or can’t lead to a debt relief sales pitch for debt settlement, debt resolution, or debt management. But wait.
The Financial Skyline website says they offer these services:
- Personal Loans & Business Loans
- Debt Resolution
- Debt Management
They specifically say, “When you need help determining which debt resolution option is best for you, turn to the debt resolution professionals. They will review your situation and qualifications, determine which program is best for your needs, work with you one-on-one to establish a plan, and negotiate with your creditors on your behalf.” – Source
One interpretation is the statement above is regarding the services of someone else and not them. But this statement on their terms page seems to clear up any confusion. They say, “That said, the debt settlement professionals at our office hope you find this site to be of help. If you would like to discuss our services with an experienced professional, please contact us for a free consultation.” – Source
One online complaint reads as if the consumer was pitched a debt relief program after being turned down for a loan. The description the consumer offers online here sounds similar to what others have said about other companies.
If this person truly works in the debt relief industry, they knew what they were looking for and appear to have taken exception to the offer. They said, “I go to our email and sure enough she went through all this (what your paying & if this & that but because of this your not approved BUT our Company can give you a Payment of only 358 or around there and you’d be out of Debt in 48 months.” The product allegedly pitched was a debt resolution or debt settlement solution.
So What Should You Do If You Received a Financial Skyline Offer?
I can’t tell you what to do. That’s up to you. Just be a smart consumer, ask questions, and feel confident before you leap into any financial relationship with anyone.
If you’ve had a good or bad experience with Financial Skyline, please post your feedback in the comments section.
I’d love to hear from you if you received a loan or were rejected and sold some other solution.
This offer was able to be reviewed because a kind reader sent it in via my I Buy Junk Mail program.
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Dealing With Debt? Understanding your options is the first step. See how all your debt relief options compare — including ones most sites won’t tell you about. The Find Your Path quiz gives a recommendation based on your actual numbers, and the Scam-O-Meter checks any company’s complaint history before you sign. Federal Reserve research shows bankruptcy filers recover faster than those who don’t file.
We received the same offer from Skyline financial that is shown above. We called them after we had seen your page and let them talk. Guess what? We didn’t qualify because my husband’s credit was too low he said .He never offered a loan not even a “bad” high interest loan , instead he kept singing the praises of their program *(debt relief) . We told him We are not in distress and were just looking to consolidate debt at a lower rate but we don’t believe in stealing From Credit Card companies even if they have outrageous interest rates which we had agreed to . We told him we will continue to pay our debts gradually and thanked him for his time!!
Thank you for your feedback that supports concerns.