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Business ProfileforLoan Market Association LLC
Current Alerts For This Business
Complaint records allege this scheme requires individuals and small businesses to pay an upfront fee of $1000 or more for payment protection insurance in order to secure a loan. Applicants are instructed to pay the upfront fee by Western Union to Money Insurance or Financial Insurance Company before the loan can be disbursed. Complaint records further allege that once the fee has been paid, the primary contact at the company ceases all forms of communication with the applicant. BBB has made attempts to contact this company by mail, but as of July 25, 2013 it has not received a response.
BBB wants you to know advance fee loans are not legal and are a scam. Do not ever use Western Union, Money Gram or any other type of wire transfer service to wire cash in advance of a loan. Once funds have been wired it is virtually impossible to reverse the transfer, trace the money, or track the recipients. The BBB also warns consumers to not provide personal information including banking information or social security numbers to a company they are not familiar with.
At-a-glance
Related Categories
Business Details
- Location of This Business
- 9597 Jones Rd, Box 324, Houston, TX 77065-4815
- BBB File Opened:
- 7/11/2013
- Alternate Business Name
- Guaranteed Bank Loans
- Business Management
- Mr. James Keyes, Loan Officer
- Contact Information
Principal
- Mr. James Keyes, Loan Officer
Customer Contact
- Mr. James Keyes, Loan Officer
Customer Complaints
0 Customer Complaints
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