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Alliance Asset Management Inc

Phone: (630) 760-1110Fax: (630) 760-1123View Additional Phone Numbers330 Georgetown Sq # 104, Wood DaleIL 60191-1890

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BBB Accreditation

Alliance Asset Management Inc 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 13 factors. Get the details about the factors considered.

Factors that lowered Alliance Asset Management Inc's rating include:

  • 51 complaints filed against business

Factors that raised Alliance Asset Management Inc's rating include:

  • Length of time business has been operating.
  • Response to 51 complaint(s) filed against business.
  • Resolution of complaint(s) filed against business.

Customer Complaints SummaryRead complaint details

51 complaints closed with BBB in last 3 years | 4 closed in last 12 months
Complaint TypeTotal Closed Complaints
Billing / Collection Issues48
Problems with Product / Service3
Advertising / Sales Issues0
Delivery Issues0
Guarantee / Warranty Issues0
Total Closed Complaints 51

Additional Complaint Information

A recent review of consumer complaints filed with the BBB of Chicago & Northern Illinois against Alliance Asset Management Inc. delineates a pattern of consumer allegations.

In their complaints, consumers allege that the company contacted them with intent to collect on a debt that was already settle or that otherwise did not belong to the consumer in the first place. Multiple consumer cite such collection calls being made to their place of employment.

Consumers further allege that after receiving these calls, the company failed to provide them with written verification of the debt.

On April 10, 2015, the company provided the following information in response to the identified pattern:

Alliance has ceased making collection calls effective 11/30/15. They are still in the process of winding down the company. The are in the process of surrendering licensing and registrations in the states they operated.

Customer Reviews Summary Read customer reviews

0 Customer Reviews Customer Reviews on Alliance Asset Management Inc

Customer Experience Total Customer Reviews
Positive Experience
Neutral Experience
Negative Experience
Total Customer Reviews 0 Customer Reviews

Additional Information

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BBB file opened: 08/20/2002Business started: 11/01/2000
Licensing, Bonding or Registration

This company is in an industry that may require licensing, bonding or registration in order to lawfully do business. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.

Contact Information
Principal: Mr. Paul Edwards (President) Diana Warner (Admin Dir)
Business Category

Collection Agencies

Alternate Business Names
AAM, Inc.
Industry Tips
Debt Consolidation Services
Debt Collection

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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.