BBB Business Review

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This business is not BBB accredited.

Prime Credit

Phone: (800) 424-5284 11470 Euclid Ave. #105, Cleveland, OH 44106 ! Prime Credit is Believed to Be Out of Business !

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 13 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 BBB has information indicating it is out of 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

The BBB has sent two requests to the firm for basic background information. The company did not respond to the BBB. According to information supplied by inquirers, this firm is advertising locally, offering loans. Persons who apply are told to send $295.00 to the firm to process the loan. According to Ohio law, all firms offering loans must be registered with the Ohio Division of Financial Institutions. This firm has not registered as required. Ohio law also prohibits any firm offering loans from charging any kind of an advance fee. This firm is in violation of Ohio law. The address being used by the company is not a physical address, but a mail drop only. Ads are also being run in a newspaper in Tyler, Texas. The BBB has contacted the newspaper with the information we have. The firm has failed to answer any questions of the BBB for information. The BBB has processed a complaint from a consumer in Kansas, who had sent her processing fee in February, but never got her loan. The money was wired through Western Union. Firms which use independent deliverers instead of the U S Mail are often trying to avoid scrutiny by the U S Postal Service. This complaint, and our cover letter has been returned as undeliverable by the U S Postal Service. The current status of the firm is unknown.

Customer Reviews Summary Read customer reviews

0 Customer Reviews on Prime Credit
Customer Experience Total Customer Reviews
Positive Experience 0
Neutral Experience 0
Negative Experience 0
Total Customer Reviews 0

Additional Information

BBB file opened: January 22, 1998
Business Category

Advance Fee Brokers

Industry Tips
Advance Fee Loans

BBB Customer Review Rating plus BBB Rating Overview

BBB Customer Reviews Rating represents the customers opinions of the business. The Customer Review Rating is based on the number of positive, neutral and negative customer reviews posted that are calculated to produce a score.

Customer Review Experience Value
Positive Review 5 points per review
Neutral Review 3 points per review
Negative Review 1 point per review

BBB letter grades represent the BBB's opinion of the business. The BBB grade is based on BBB file information about the business. In some cases, a business' grade may be lowered if the BBB does not have sufficient information about the business despite BBB requests for that information from the business.

BBB Letter Grade Scale

BBB Rating Value
A+ 5
A 4.66
A- 4.33
B+ 4
B 3.66
B- 3.33
C+ 3
C 2.66
C- 2.33
D+ 2
D 1.66
D- 1.33
F 1
NR -----
Star Rating scale

  Average Score
5 stars 5.00
4.5 stars 4.50-4.99
4 stars 4.00-4.49
3.5 stars 3.50-3.99
3 stars 3.00-3.49
2.5 stars 2.50-2.99
2 stars 2.00-2.49
1.5 stars 1.50-1.99
1 star 0-1.49

BBB Customer Review Rating plus BBB Rating is not a guarantee of a business' reliability or performance, and BBB recommends that consumers consider a business' BBB Rating and Customer Review Rating in addition to all other available information about the business. If the BBB Rating is NR then only Customer Reviews are used for the Star Rating.