BBB Business Review
This Business is not BBB accredited
Greenpoint Financial Resources, Inc.
Phone: (800) 495-6850 4450 Belden Village St NW Ste 704, Canton, OH 44718 ! There is an alert on Greenpoint Financial Resources, Inc. !
BBB Business Reviews may not be reproduced for sales or promotional purposes.
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.
Based on BBB files, this business has a BBB Rating of No Rating. The reason is as follows:
- This business has no rating because it is out of business.
Customer Complaints Summary Read complaint details
|Complaint Type||Total Closed Complaints|
|Problems with Product/Service||2|
|Total Closed Complaints||6|
Additional Complaint Information
According to information in BBB files, this company supposedly offers personal loans and requests consumers pay upfront fees via wire transfers or other methods. Reportedly, after the consumers pay the requested fees the promised loans are not received.
The BBB has received several calls into our office since November 27, 2012 in regards to the company's online loan application. Its been found that the company is requesting individuals to send funds of around $750.00 - upfront for an insurance policy that secures the loan in case of disability.
Consumers should know that the US prohibits upfront fees to be collected for these types of loans. Further BBB investigation revealed that the company address listed is not a valid address used by this company. The company seems to also request a copy of a voided check and 2 forms of photo ID, along with the $750 insurance fee. The BBB also found other companies associated with Greenpoint Financial Resource; Lending Corp Finance, Financial Alliance Corporations and www.bringyourpet.com. All the websites seem to be generic in general and have the same format.
The BBB suggests consumers use extreme caution in giving personal information and in sending funds to this type of offer. Once the funds are transferred for the loan offer, no loan ever becomes available. BBB warns that most often, addresses used by advance fee loan brokers are non-deliverable by the US Post Office, or belong to legitimate business which have no knowledge of or connection with the supposed loan brokers. BBB attempts to process any complaints to the addresses in question generally result in the mail being returned to our office.
If you have been a victim of an advance fee loan broker's practices, we have listed 2 agencies below you may contact for assistance:
Ohio Div of Banks at 77 S High St, 21st FL, Columbus Oh 43215 PH: 614-728-8400
Federal Trade Commission at www.ftc.gov or PH: 877-382-4357
Customer Reviews Summary Read customer reviews
|Customer Experience||Total Customer Reviews|
|Total Customer Reviews||0|
ADVANCE FEE BROKERS LOANS
Hours of Operation
In November of 2012, BBB requested basic background information from Greenpoint Financial Resources, Inc. but to date we have not received a response. This lack of reply by the organization prohibits the BBB from verifying its start date, nature of business and principals. We will update this portion of the report, if further information is received.