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Find a Location

Aqua Finance, Inc. has 1 locations, listed below.

*This company may be headquartered in or have additional locations in another country. Please click on the country abbreviation in the search box below to change to a different country location.

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    Business ProfileforAqua Finance, Inc.

    Financing

    Current Alerts For This Business

    Government Action: BBB reports on known government actions involving business’ marketplace conduct::
    Federal Trade Commission v Aqua Finance, Inc

    The following describes a government action that has been resolved by either a settlement or a decision by a court or administrative agency. If the matter is being appealed, it will be noted below.

    A Federal Trade Commission action against household water treatment funding company Aqua Finance, Inc. (AFI) has led to a settlement that will provide $20 million in refunds and an additional $23.6 million in debt forgiveness for consumers harmed by its dealers’ deceptive sales tactics.

    The FTC’s complaint against AFI charges that the company’s nationwide network of dealers went door-to-door, deceiving consumers about the financing terms for water filtering and softening products. According to the complaint, the bogus claims left consumers with thousands of dollars in unexpected debt and huge interest payments, while its financing terms impaired some consumers’ ability to sell their homes.

     

     

     

    At-a-glance

    Customer Reviews

    1.11/5stars

    Average of 110 Customer Reviews

    Customer Complaints

    263 complaints closed in last 3 years

    89 complaints closed in last 12 months

    Customer Reviews are not used in the calculation of BBB Rating

    Reasons for BBB Rating

    Overview

    Aqua Finance provides flexible financing programs to a variety of consumer needs.

    Products & Services

    water treatment financing

    Business Details

    Location of This Business
    1 Corporate Dr Ste 300, Wausau, WI 54401-1724
    BBB File Opened:
    11/14/1995
    Years in Business:
    36
    Business Started:
    1/15/1988
    Business Started Locally:
    1/15/1988
    Business Incorporated:
    1/15/1988
    Licensing Information:
    This business is in an industry that may require professional licensing, bonding or registration. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.
    Type of Entity:
    Corporation
    Hours of Operation

    Primary

    M:
    7:00 AM - 10:00 PM
    T:
    7:00 AM - 10:00 PM
    W:
    7:00 AM - 10:00 PM
    Th:
    7:00 AM - 10:00 PM
    F:
    7:00 AM - 10:00 PM
    Sa:
    7:00 AM - 4:00 PM
    Su:
    Closed
    Business Management
    • Kimberly Field, General Counsel
    • Bob Heyman, Senior Vice President
    • Kim Antell, Marketing Manager
    • Seth Devine, AVP Customer Experience and Complaint Resolution
    • Nimisha Mamtura
    • Larissa Marwitz, Executive Vice President
    • Kurt Grossheim, President/CEO
    Contact Information

    Principal

    • Seth Devine, AVP Customer Experience and Complaint Resolution

    Customer Contact

    • Kimberly Field, General Counsel
    • Bob Heyman, Senior Vice President
    • Seth Devine, AVP Customer Experience and Complaint Resolution
    • Nimisha Mamtura
    • Larissa Marwitz, Executive Vice President
    Additional Contact Information

    Fax Numbers

    • (715) 848-6220
      Primary Fax

    Email Addresses

    Customer Complaints

    263 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 Complaint

    Most Recent Customer Complaint

    06/27/2024

    Complaint Type:
    Billing Issues
    Status:
    Answered
    I am filing a complaint against company for inaccurately reporting an account on my credit report. The account was listed without my authorization or verification. Despite my efforts to resolve this issue directly with the company, they have not responded or provided verification, violating the Fair Credit Reporting Act (FCRA).
    Read More

    Customer Reviews

    110 Customer Reviews

    What do you think? Share your review.

    How BBB Processes Complaints and Reviews

    Start a Review

    Most Recent Customer Review

    Crystal S

    1 star

    07/20/2024

    Aqua finance is a scam. In 2019, we bought a new home and had a water softener and air purifier installed. Both of the units equaled $12000.00. Terms of the loan were we would pay $138.00 monthly with $131.00 being the actual payment and $138.00 includes the monthly interest with the total balance being paid off in about 7-8 years. We have good credit and were given a fixed interest rate. We were supposedly given .5 off for auto pay. Well, I finally look to see the payoff amount as it has been almost 5 years and the statement says we still owe $8600. $8600 after 56 months...never missing a payment!? Further research shows they have been charging us exorbitant interest fees monthly increasing the total cost of our loan. It was a loan with a set monthly payment for the water softener and air purifier. I called and they state, "it is a revolving li ne of credit....like a credit card".  What a bunch of **** If that were the case we never would have agreed to the LOAN. We could have financed it through our own bank. I want Aqua Finance to correct our balance to what we actually owe and give us back any additional monies paid. P.S. the equipment works wonderfully and the local company comes out to service it when necessary. It is Aqua Finance that are the scammers.

    Local BBB

    BBB Serving Wisconsin

    BBB Reports On

    BBB reports on known marketplace practices.

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