Cash 4 Cars Wholesalers ratings, reviews and complaints - Loan Brokers

Complaints and Resolutions

Complaint Experience

N/A

Complaint Resolution Index (CRI)

Complaint Resolution Index (CRI) Explained The Complaint Resolution Index (CRI) is an indicator on how responsive a company is in addressing and resolving customer complaints brought to their attention by BCA. If they are considering doing business with the company, consumers can use this indicator to forecast the likelihood of having their issues addressed if a problem arises. CRI measures the company's customer satisfaction abilities through BCA’s complaint mediation process.

A variety of factors are considered when calculating CRI. This includes how quickly a company responds to complaints, the number of complaints against a company, whether the company addressed complaint allegations, and the outcome of the complaints. CRI is just a subset of the overall rating for the company. Consumers are encouraged to take into consideration the company's CRI, their overall BCA letter rating and other relevant information about the company so they can make a well-informed purchasing decision.

BCA's Summary and Analysis:

We have received no complaints against this company.

Our complaint services are free and our team of expert mediators will assist in resolving complaints with businesses.

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Complaint Closing Statistics

0 complaints against Cash 4 Cars Wholesalers closed in last 3 years.

Complaints	Type of response
0	Making a full refund, as the consumer requested
0	Making a partial refund
0	Agreed to make an adjustment
0	Refusing to make an adjustment
0	Refuse to adjust, relying on terms of agreement
0	Unanswered

Other Information

Company Info

This company's business is providing auto title loans and investments.

Primary Contact:	Charles D Rairdoni (President)
Business Started:	10/1/2006
Social:

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Licensing

As of our last verification on November 6 2012 we could not find any evidence of a license with the Department of Corporations (DOC) as a California Finance Lender. For the most up-to-date information regarding license status consumers may contact the DOC by calling (213) 576-7514 or by visiting their website at www.corp.ca.gov/fsd/lic. information regarding license status consumers may contact the DOC by calling (800) 347-6995 or visiting their website at www.corp.ca.gov/fsd/lic

Government Actions

BCA has no information regarding government actions at this time.

Comments and Analysis

Careful evaluation of all investment offers should be done prior to signing agreements. Rather than make an immediate decision insist that the caller confirm details of the offer and all verbal promises in writing. Verify that the offer is registered or exempt from such requirement with your state securities commissioner. In California call the Department of Corporations 213 576-7500. Limited Partnerships are required to register unless an exemption is filed with the state. General Partnerships however are not required to register. Those who invest in General Partnerships may also be accountable for the financial liabilities of the entire partnership. Offers claiming to be exempt from registration must meet specific requirements. Specifically they must be limited to no more than 35 investors who are: immediate relatives or friends; current investors in other offers made by the company; persons referred by current investors; and to those with the expertise to make a valid decision. Generally if an offer is sold via telephone it is an indication it would not be qualified for exemption under current law. BBB requested the business clarify the nature of its business but this information was not provided.

Other Considerations

There is an Alert on this company due to the filing of a regulatory proceeding by the California Department of Corporations. Please refer to the Government Action section of the company's report for additional information. ~~ As of our last verification on June 9. 2010 we could not find evidence of an active Vehicle Dealer license registered with the California Department of Motor Vehicles (DMV). According to the California Department of Motor Vehicles (DMV) this license was first issued to this business on November 24 2004. In addition the DMV reports that this particular location opened on December 5 2005 and closed on December 5 2006. For the most up-to-date information regarding licensing status consumers may contact the DMV Licensing Section by calling (916) 229-3126 or visiting their website at https://mv.dmv.ca.gov/olinq2/welcome.do

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Additional Info

DBAs:

Cash for Cars Wholesalers

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