Business ProfileforPay With Four Inc.
Additional business information
As of August 3, 2022:
Four Technologies Inc, has agreed to a Consent Order with the California Department of Financial Protection and Innovation (DFPI) to answer allegations by DFPI that the business had engaged in the business of a finance lender in California without obtaining a license in violation of Financial
Code section 22100, subdivision (a), by making loans through the operation of “buy now, pay later”point of sale products (Transactions).
The Consent Order Terms and Conditions are as follows:
Four Technologies is ordered to desist and refrain from engaging in the business of a finance lender for broker in California, in violation of Financial Code section 22100, subdivision (a), unless and until Four Technologies obtains a CFL license authorizing Four Technologies to conduct business asa finance lender or broker.
Four Technologies shall pay to the Commissioner an administrative penalty of $2,500.00.
Four Technologies shall refund all fees paid to Four Technologies by California consumers in connection with the Transactions identified in Paragraph D. Four Technologies represents that it has collected $13,065.68 in fees.
The Commissioner shall approve Four Technologies’ CFL license application.
Four Technologies shall only make loans, deferred payment products, or extensions of credit to California residents under the authority of a CFL license and in compliance with the CFL.
The Parties hereby acknowledge and agree that this Consent Order is intended to constitute a full, final, and complete resolution of the findings described herein, and that no further proceedings or actions will be brought by the Commissioner in connection with these matters under the CFL or any other provision of law, excepting therefrom any proceeding to enforce compliance with the terms of this Consent Order.
LINK: https://dfpi.ca.gov/wp-content/uploads/sites/337/2022/08/Consent-Order-Four-Technologies-Inc.pdf
At-a-glance
Related Categories
Business Details
This is a multi-location business.
- Location of This Business
- 20807 Biscayne Blvd Ste 102, Aventura, FL 33180-1409
- BBB File Opened:
- 3/24/2022
- Alternate Business Name
- Four Technologies Inc
- Business Management
- Chaim Lever, President
- Contact Information
Principal
- Chaim Lever, President
Customer Contact
- Chaim Lever, President
- Additional Contact Information
Phone Numbers
- (844) 256-9744Other Phone
Email Addresses
- Sales
- Technical Support
- (844) 256-9744
Customer Complaints
51 Customer Complaints
Need to file a complaint? BBB is here to help. We'll guide you through the process. How BBB Processes Complaints and Reviews
File a ComplaintMost Recent Customer Complaint
08/30/2024
- Complaint Type:
- Product Issues
- Status:
- Resolved
Customer Reviews
7 Customer Reviews
What do you think? Share your review.
Most Recent Customer Review
T. F
1 star09/26/2024
Pay With Four Inc. Response
09/30/2024
Thanks so much for your reviewI'm sorry to hear of the trouble! It looks like you heard from live humans on Thursday and Friday, but we're always happy to help at ************************************************************!
Just to reiterate what one of my colleagues said to you: unfortunately, our automated system wasn't able to approve your requests for a Four card. Each request goes through a separate approval process: our system looks at dozens of data points and we try to approve as many as we can as part of our commitment to financial flexibility (and we make our money from successful orders).
Even if you're seeing that your account is approved for a specific spend amount, your request can still be denied. You can read more about this in our User Agreement: Four - Buy Now, Pay Later
Please try making a smaller order. If that doesn't work, we recommend trying again after 7 days.
Please let me know if you have any questions at all in the futurehave a great week!
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