Eureka Shalom Business Ventures, Inc. ratings, reviews and complaints - Securities Investment

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:

Complainants allege the company fails to return investment dividends as agreed, or return their investments at all. Customers complain that once the company recieved their funds, they were unable to contact the 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 Eureka Shalom Business Ventures, Inc. 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 information on how to obtain credit cards.

Primary Contact:	Carol A Johnson (President)
Business Started:	10/1/2004
Social:

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Licensing

As of our last verification, on October 4, 2007, this company's offer was not qualified by the State of California to solicit to California residents. The DOC maintains a database to verify registrations online at www.doc.ca.gov. Inquiries can be sent by mail to, California DOC, Securities Regulation Division, 1515 K Street, Suite 200, Sacramento, CA 95814-4052. The DOC can also be contacted by phone, toll-free at 1-866-ASK-CORP (1-866-275-2677).

Government Actions

BCA has no information regarding government actions at this time.

Comments and Analysis

This company sells membership interests in a guaranteed investment offer called, "Emergency Fast Cash Relief Program." The company claimed that investors who invest $1,500, will yeild a $25,000 return in five months.

We believe these claims are deceptive and misleading. We advise careful evaluation of all investment offers 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 Patnerships 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.

California law requires any company, or individual, selling securities as an investment, to register with the Securities Regulation Division of the Department of Corporations.(DOC). This registration requirement includes; financial planners, broker-dealers, broker-dealer agents, investment advisers, and investment adviser representatives. Before investing money, or making other important financial decisions, verify the company you are considering has complied with State registration requirements.

Other Considerations

We believe this company may be required to post a $100,000 bond and register with the California Attorney General's Office as a Credit Services Organization. Companies advertising the availability of loans, or offering to procure loans or credit must be registered. Even if registered, the California Credit Services Act prohibits the practice of collecting payments before providing services. Our experience with similar offers, is that after fees are paid consumers fail to receive the promised loans. These types of companies generally do not have listed telephone numbers or have no telephone number, and their addresses are mail drop boxes.

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Additional Info

DBAs:

Eureka Shalam Financial Services

Eureka Shalom

Eureka Shalom Business & Financial Services

Websites:
There are no additional web sites.

Contacts:

E. Francis (Owner)

Carol Francis (Owner)

Addresses: