102 inquiries | Loan Brokers
(877) 668-4238
Company Rating
B
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Complaint Experience
N/A
Membership Information
This business is not a member of Business Consumer Alliance. This fact does not disparage the company in any way.
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BCA's Summary and Analysis:
Two complainants allege they paid the company advance fees for the procurement of a loan, however, no loans were ever received. One complainant alleges she applied for her loan over two years ago, and did not hear from the company. Recently, the complainant claims she received a letter of apology from the company, advising her, herapplication, or file, had been misplaced. The letter extended an invitation to apply again, and asked for $250. The complainant sent the $250, and still has not received a loan. To date, both complaints are unanswered.
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Company Info
This company's nature of business is under review
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Licensing
We know of no licensing or registration requirement for companies engaged in this company's stated type of business.
BCA has no information regarding government actions at this time.
This company's address is a Postal Drop Box at Mail Boxes Etc.(MBE). According to our last verification on August 23, 2004, a spokesperson for MBE informed us that this business name, World Supreme Savings, is not associated with box number #330. In addition, the FDIC website's financial institution directory , as well as the California Department of Finance website, show no information on any known financial institution called World Supreme Savings, or Supreme World Savings. 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.
We know of no other matter or practice relating to this company that may assist you in your consideration of this company.
BCA has no information regarding advertising review at this time.
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