BBB Logo

Better Business Bureau ®
Start With Trust®
Canton Region and Greater West Virginia

BBB Business Review

This Business is not BBB accredited

Greatwide Investments

Phone: (800) 518-2823 Fax: (877) 201-3495 View Additional Phone Numbers 118 E Ridge Rd Ste 5, Charleston, WV 25314

BBB Business Reviews may not be reproduced for sales or promotional purposes.

BBB Accreditation

This business is not BBB accredited.

Businesses are under no obligation to seek BBB accreditation, and some businesses are not accredited because they have not sought BBB accreditation.

To be accredited by BBB, a business must apply for accreditation and BBB must determine that the business meets BBB accreditation standards, which include a commitment to make a good faith effort to resolve any consumer complaints. BBB Accredited Businesses must pay a fee for accreditation review/monitoring and for support of BBB services to the public.

Reason for Rating

BBB rating is based on 16 factors. Get the details about the factors considered.

Factors that lowered the rating for Greatwide Investments include:

  • BBB concerns with the industry in which this business operates
  • BBB does not have sufficient background information on this business


Customer Complaints Summary

0 complaints closed with BBB in last 3 years | 0 closed in last 12 months
Complaint Type Total Closed Complaints
Advertising/Sales Issues 0
Billing/Collection Issues 0
Delivery Issues 0
Guarantee/Warranty Issues 0
Problems with Product/Service 0
Total Closed Complaints 0

Additional Complaint Information

On February 21, 2008 BBB staff contacted the company in regards to what type of business activity the company was operating. A company representative by the name of Joshua Rymer indicated they were a financial consulting firm offering their services at no cost., however recent consumer concerns suggest otherwise. Consumers are informed by the company , after the consumers inital inquiry by website or phone, that their loan application has been approved. Consumers then state they are required to provide a downpayment ranging form 10-20 percent of the requested amount in order to receive their funds.

According to the FTC legitimate offers of credit do not require an up-front payment. Although legitimate lenders may charge application, appraisal, or credit report fees, the fees generally are taken from the amount borrowed. And the fees usually are paid to the lender or broker after the loan is approved. Legitimate lenders may guarantee firm offers of credit to Ëcredit-worthyÌ consumers, but first, they evaluate the consumerÊs creditworthiness and confirm the information in the application.

Despite the company's interpretation of their business classification, the BBB found the company's website suggests Greatwide Investing services expands further than financial consultation. These services include but are not limited to home purchase loans, debt consolidation loans, personal loans, home equity loans, business loans, mortgages and high risk loans. When asked by the BBB if they provided loans, the company representative denied any such business activity.

On February 7, 2008, BBB staff has verified with the Charleston Post Office that the address being given by this company is a residential address not a business adress. The BBB contacted the company to confirm the address and was informed that the address listed was correct, despite our findings.

Although the company's listed address suggest that the company is headquartered in the U.S. Similiar companies that operate in this manner are typically headquartered outside the U. S. and direct applicants to send the fees via Western Union money transfers payable to an individual, rather than a business. They ask applicants to use a Ëpassword codeÌ with their Western Union payment, which allows the scammers to hide their identity.

DonÊt pay for the promise of a loan. ItÊs illegal for companies doing business by phone in the U.S. to promise you a loan and ask you to pay for it before they deliver.

If you have a complaint you may wish to also file a complaint with the West Virginia Attorney General Office at 304-558-2021 or by web @ http://www.wvago.gov/takeaction.cfm

Customer Reviews Summary Read customer reviews

0 Customer Reviews on Greatwide Investments
Customer Experience Total Customer Reviews
Positive Experience 0
Neutral Experience 0
Negative Experience 0
Total Customer Reviews 0

Additional Information

top
BBB file opened: February 04, 2008
Business Management
Ms. Joeanne Wyse Mr. Josh Rymer
Contact Information
Principal: Ms. Joeanne Wyse
Business Category

ADVANCE FEE BROKERS

Industry Tips
Advance Fee Loan Offers
X

What is a BBB Business Review?

We offer free reviews on businesses that include background, licensing, consumer experience and other information such as governmental actions that is known to BBB. These reviews are provided for businesses that are BBB accredited and also for businesses that are not BBB accredited.

X

About BBB Business Review Content & Services:

Some Better Business Bureaus offer additional content & services in BBB Business Reviews.
The additional content & services are typically regional in nature or, in some cases, a new product or service that is being tested prior to a more general release.
Not all enhanced content & services are available at all Better Business Bureaus.

Professional AffiliationsX
X

Types of Complaints Handled by BBB

BBB handles the following types of complaints between businesses and their customers so long as they are not, or have not been, litigated:

We do not handle workplace disputes, discrimination claims or claims about the quality of health or legal services.

X

BBB Complaint Process

Your complaint will be forwarded to the business within two business days. The business will be asked to respond within 14 days, and if a response is not received, a second request will be made. You will be notified of the business's response when we receive it (or notified that we received no response). Complaints are usually closed within 30 business days.

X

Industry Tips

X

What is BBB Advertising Review?

BBB promotes truth in advertising by contacting advertisers whose claims conflict with the BBB Code of Advertising. These claims come to our attention from our internal review of advertising, consumer complaints and competitor challenges. BBB asks advertisers to prove their claims, change ads to make offers more clear to consumers, and remove misleading or deceptive statements.

X

What government actions does BBB report on?

BBB reports on known significant government actions involving business' marketplace conduct.

X

Thank you for your feedback!

Help us improve by taking our survey.

X

BBB Reporting Policy

As a matter of policy, BBB does not endorse any product, service or business.

BBB Business Reviews are provided solely to assist you in exercising your own best judgment. Information in this BBB Business Review is believed reliable but not guaranteed as to accuracy.

BBB business Reviews generally cover a three-year reporting period. BBB Business Reviews are subject to change at any time.

X

Additional Phone Numbers

Find a LocationX

  Change Location
Show Only Accredited Locations